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China Beauty Industry Insights
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As competition in the global cosmetics market continues to heat up, China presents a range of promising new opportunities. During the past five years, China has been one of the world’s fastest growing cosmetics markets. According to Euromonitor data, China’s market for cosmetics grew from RMB 24.3 billion in 2014... Continue reading
Posted Jul 26, 2019 at China Beauty Industry Insights
The 24th China Beauty Expo in late May highlighted four emerging trends that should shape China’s imported cosmetics market in 2019. Imported Cosmetics Brands See Continued Growth in 2019 Fueled by tariff reductions on imported products in 2018, China’s imported cosmetics market has continued its strong growth in 2019. According... Continue reading
Posted Jul 2, 2019 at China Beauty Industry Insights
On May 27th, China’s National Medical Products Administration (NMPA) released a draft of its Administrative Measures for Registration of Non-Special Purpose Cosmetics for public input. These new measures suggest a number of changes in the current version of these regulations, also known as GSYJX [2011] No.181. At the same time,... Continue reading
Posted Jun 13, 2019 at China Beauty Industry Insights
China Beauty Expo 2019 attracted more than 3,500 cosmetics companies from over 40 countries and regions to Shanghai between May 20th and 22nd. The event’s tremendous growth mirrors the growth that China’s cosmetics market continues to experience, making it the world’s second largest beauty market by the end of 2018.... Continue reading
Posted Jun 9, 2019 at China Beauty Industry Insights
China Beauty Expo 2019 will run from May 20 to 22, 2019 at the Shanghai New International Expo Center. Covering 260,000 square meters, 27 exhibition halls and 50 VIP halls, the upcoming expo is expected to attract over 500,000 beauty professionals from around the world. But beyond the data, China... Continue reading
Posted May 15, 2019 at China Beauty Industry Insights
China Beauty Expo 2019 will add a new pavilion to showcase fast-growing European and American product categories. The 24th edition of China Beauty Expo will be held in the Shanghai New International Expo Center between May 20-22, 2019. One of the world’s largest beauty industry events, the expo will attract... Continue reading
Posted Apr 26, 2019 at China Beauty Industry Insights
Niche categories are expected to be important growth drivers in China’s beauty market. In one clear example, Chinese consumers have already demonstrated a strong willingness to spend on infant-related beauty and personal care products. According to recent research from Mintel, China’s infant care market grew at a compound annual growth... Continue reading
Posted Apr 18, 2019 at China Beauty Industry Insights
“The traditional business landscape is being disrupted. A new world is coming to life. We must identify new entry points and our coordinates in this shifting landscape. This will position us for the future,” China Beauty Expo Executive Vice President and Secretary-General, Sang Ying, predicted during her keynote address at... Continue reading
Posted Apr 11, 2019 at China Beauty Industry Insights
As one of the world’s leading beauty industry events, China Beauty Expo 2019 will attract exhibitors from more than 40 countries and regions and visitors from around the global. Groups from France, Germany, Italy, Spain, Britain, the US, and Thailand are expected to have a notable presence at this year’s... Continue reading
Posted Apr 4, 2019 at China Beauty Industry Insights
China’s volume of cross-border e-commerce purchases rose by nearly 40% in 2018. This marks the latest milestone in China’s demand for imported products purchased directly from overseas. By 2017, cross-border e-commerce channels already represented 13% of all imported consumer products in China. Rising volumes of directly imported products has also... Continue reading
Posted Mar 28, 2019 at China Beauty Industry Insights
“Mini” sized products are sweeping China’s consumer market. Mini-microwaves, mini washing machines, 500 gm rice packaging, 200 ml red wine bottles, and single-serving hotpots. “Mini” and single-serving product sizing has hit the beauty market. Beauty and skincare brands have progressively adding personalized sizing to boost product differentiation. China’s Singles Economy... Continue reading
Posted Mar 22, 2019 at China Beauty Industry Insights
Packaging matters. And, nowhere more than in the beauty industry. For many beauty brands, innovative packaging is an integral part of creating a cut-through beauty product. The global cosmetics packaging industry is expected to be worth more than $33 billion by 2024. Rising competition and diverse consumer needs are driving... Continue reading
Posted Mar 15, 2019 at China Beauty Industry Insights
A powerful facial cleansing brush took the China market by storm at the beginning of 2019. Xiaomi introduced its new DOCO Sonic Intelligent Face Brush in a crowdfunding campaign on its Youpin website, positioning the product as a secret present of its fans. Shaped like donut, the facial cleansing brush... Continue reading
Posted Feb 25, 2019 at China Beauty Industry Insights
2019 will mark another ground-breaking year for technological innovations at the China Beauty Expo (CBE). CBE Cosmetech is one of the three major theme exhibitions within the China Beauty Expo and showcases the R&D capabilities and technological advances of manufacturers across the beauty industry. In 2019, CBE Cosmetech will create... Continue reading
Posted Feb 1, 2019 at China Beauty Industry Insights
December, 2018 marked 40 years since China began its economic reform movement. China’s beauty industry has ridden four decades of growth and progressive development. China Beauty Expo (CBE) has been important indicator of growth in the industry since its launch in 1998. For CBE, 2019 marks another step forward as... Continue reading
Posted Jan 25, 2019 at China Beauty Industry Insights
China Beauty Expo 2019 (CBE) will open in May with 280,000 square meters of exhibition space, 10,000 local and international brands, 100 summits and forums, and hundreds of thousands of beauty professionals from around the world. One of CBE’s three core exhibitions, CBE promises to connect buyers and sellers across... Continue reading
Posted Jan 21, 2019 at China Beauty Industry Insights
China’s 1990s generation of consumers already view themselves as old-timers. Meanwhile, their post-2000s generation counterparts are emerging as the shoppers to watch. These younger consumers are less attracted by big brands and drawn more by specific products and personal tastes. 2018 saw both international and large domestic brands trying a... Continue reading
Posted Jan 10, 2019 at China Beauty Industry Insights
Channels, products and consumer trends were the hottest topics at the recent China Top 50 Cosmetics Store Summit that was jointly organized by China Beauty Expo and L’Oreal. Ni Yi, Vice President of Nielsen China’s Retailer Research division share the firm’s latest findings and insights. Consumption Outlook: Slower But Stable... Continue reading
Posted Jan 3, 2019 at China Beauty Industry Insights
The Summit for Leaders of China’s Top 50 Cosmetics Store Brands brought together retail leaders to explore the future of beauty retail in Suzhou on December 6th. China Beauty Expo (CBE) and L’Oreal jointly organized the event with the theme of “Creativity and Strategy – Win in the New Era.”... Continue reading
Posted Dec 19, 2018 at China Beauty Industry Insights
China recently released its delay cross-border import regulations, adding new details on the game rules that shape cross-border e-commerce strategies for beauty brands. China’s Ministry of Commerce, National Development and Reform Commission, State Tax Administration, and government entity that specifically regulates cross-border e-commerce came together to issue these policies. Here’s... Continue reading
Posted Dec 13, 2018 at China Beauty Industry Insights
China’s post-2000s, “Generation Z” consumers are fast approaching college age. iResearch’s recently released report, Insights on College Students’ Consumption provides a close up look at what students are buying and why. According to this report, this generation of digital natives has more than RMB 100 billion in disposable spending power.... Continue reading
Posted Dec 6, 2018 at China Beauty Industry Insights
China’s medical cosmetology market topped RMB 136.7 billion in 2017 and is on track to reach RMB 224.5 billion in 2018. By 2020, China’s demand for medical cosmetology products and services could easily exceed RMB 250 billion. This growth reflects the breakneck pace of China’s medical cosmetology market growth during... Continue reading
Posted Dec 1, 2018 at China Beauty Industry Insights
Cosmetics stood out as an important product category at the recent China International Import Expo (CIIE) in Shanghai. Shanghai remains the gateway for 30% of China’s imported products – and at more than 53% of its cosmetics imports. In 2017, the volume of imports flowing through Shanghai’s port jumped by... Continue reading
Posted Nov 15, 2018 at China Beauty Industry Insights
Hair salons are becoming an increasingly effective entry point to China’s fast-growing personal care market. La Biosthetique, a premium French brand and leading skincare brand in Europe has used premium packaging and product quality to build awareness and strong sales volume through salons in Hong Kong and mainland China. On... Continue reading
Posted Nov 9, 2018 at China Beauty Industry Insights