Market Insights Consumer Beauty & Personal Care Cosmetics

Face Cosmetics - China

China

In 2024, the revenue in the Face market in China reaches €3.29bn.
It is projected to have an annual growth rate of 6.56% (CAGR 2024-2029).
In terms of global comparison, in the United States generates the highest revenue with €6,919m in 2024.
When considering the total population, the per person revenue in China amounts to €2.30 in 2024.
China's face market is experiencing a surge in demand for high-end skincare products driven by the country's growing middle class and increasing focus on personal grooming.

Key regions: United Arab Emirates, India, Indonesia, South Korea, Worldwide

Marché

Région

Comparaison de régions

Monnaie

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.