Beauty industry in china

This system of herbology remained in place until very recently, and we still find Chinese women trying to alter their complexions to look paler. The retail trade revenue of cosmetics in China grew from Some foreign brands are establishing their presence in the mainland market through online shopping platforms.

Competition is expected to become increasingly intense. While opportunities arise from entering a dynamic market where the beauty segment is one of the fastest-growing in retail, the challenges come from understanding the particular needs of this audience. Before cosmetic companies can apply for hygiene licenses or record-keeping certificates, they must ensure that their formulas meet these hygienic standards.

Chinas skincare and cosmetics market

Avon was the first brand to launch a direct-selling pilot programme after the Regulations for the Administration of Direct Selling were introduced in Their reputation is on the rise both at home and abroad. Domestic companies are paying increasing attention to product development and quality. From January these methods will be the preferred toxicological tests for the registration and pre-market approval of cosmetic ingredients. Despite the relatively higher prices of international cosmetics, Chinese consumers are drawn to international brands because of brand name recognition and perceived effectiveness of the product. Domestic brands are actively applying traditional Chinese medicine concepts and natural extraction methods in their development of skincare products, such as the Tai Ji and Yu Wu Xing series from Herborist. The cosmetics industry in China in China has recently overtaken Japan to become the largest cosmetics market worldwide. While opportunities arise from entering a dynamic market where the beauty segment is one of the fastest-growing in retail, the challenges come from understanding the particular needs of this audience.

In several subcategory markets, the leading ten cosmetics brands had a combined market share of 50 percent and above. Upon arrival at a Chinese port of entry, importers must provide: Approved hygiene licenses and certificates Safety assessment data on materials with potential safety risks Certification allowing production and sale in the country of origin Certificate of origin Sample of the Chinese label and foreign label Information on product quantity and weight.

China cosmetics market report 2018

Upon receipt of the application, the Hygiene Administration Department will inspect the products in question with their own cosmetics safety panel. If a new ingredient causes safety concerns during a three-year period, then the CFDA will revoke its filing or registration. Competition is expected to become increasingly intense. The most important regulation that governs cosmetics production and company operations in China is the Regulations on Hygiene Supervision of Cosmetics, which was last updated in August These middle-income consumers are the ones responsible for the increase in consumption levels. Cosmetic products are also distributed through traditional, pampering and therapeutic beauty parlours, large and medium-sized high-end beauty spas, franchise chain stores, and grooming and hairdressing parlours. The huge demand has attracted many enterprises to the cosmetics industry in China, consequently creating intense competition between brands. Anti-aging products Sports cosmetics Cosmeceuticals products that combine cosmetic and pharmaceutical features, such as spot lightening cream, acne treatment lotion, and acne ointment. Direct-selling licences were later granted to Amway, Perfect, Longrich and others. This text provides general information. These regulations are significant steps forward for the cruelty-free cosmetics movement, but until animal testing is completely banned in China activists will continue to lobby the government for regulation changes. However, pre-market animal testing was still required. After registration, the applicant must regularly report to CFDA any safety issues related to the new ingredients. Some foreign brands are establishing their presence in the mainland market through online shopping platforms.

As younger consumers become more connected and better informed, they turn toward social media websites and apps for information and product reviews. However, pre-market animal testing was still required.

china cosmetics market report

Ginseng, astragalus Huang QiGoji, green tea, herbs, and ornamental minerals like jade were used to enhance beauty marks, maintain flawless complexions, and minimize unpleasant features.

Domestic brands are actively applying traditional Chinese medicine concepts and natural extraction methods in their development of skincare products, such as the Tai Ji and Yu Wu Xing series from Herborist.

china cosmetic market 2018

In the cosmetics market in China was worth over USD 26 billion. When lawmaking, regulators attempt to prioritize consumer safety without constraining innovation.

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Key Trends Driving China’s Booming Beauty Market