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China Demand for Skin Care Products to Rise Strongly Finds RNCOS - The Chinese cosmetics and Toiletries market will continue to see high demand for skin care products on account of aggressive marketing and rising middle class population
China Demand for Skin Care Products to Rise Strongly Finds RNCOS

 

PRZOOM - /newswire/ - Noida, Uttar Pradesh, India, 2010/06/03 - The Chinese cosmetics and Toiletries market will continue to see high demand for skin care products on account of aggressive marketing and rising middle class population.

   
 
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According to our recently published research report “Cosmetics and Toiletries Market in China”, the Chinese cosmetic and toiletries market has recorded fast pace growth over the past few years on the back of Increasing middle class population and aggressive marketing. In addition, the market received huge impetus from the adoption of western culture and women empowerment. All these factors will continue to support the market sustain its uptrend and grow at a CAGR of around 12% between 2010 and 2013.

Our research has found that skin care dominates the Chinese cosmetics and toiletries market in terms of revenue and developments. The skin care segment has greatly benefitted from the increasing purchasing power and rising product awareness. We have also found that the demand for skin care products is gradually inflating in rural areas where people have raised their expenditure on these products. Besides, major cosmetic manufacturing companies have started to chart out strategies to exploit the untapped potential of the rural market. They are launching new products like sunscreen, whitening, anti-freckle, oil-control and anti-wrinkle to meet the consumer requirements.

As per our Analyst, “The skin care segment will continue to dominate the cosmetic market and create new growth opportunities for both existing and new players. Demand for skin care products will diversify, with strong boost to men’s skin care market. It is expected that the skin care will expand its share from nearly 40% in 2009 to around 42% by the end of 2013.”

“Cosmetics and Toiletries Market in China” provides comprehensive information and rational analysis of the cosmetic and toiletries market and its different segments (Hair care, Fragrance and Make-Up/Color Cosmetics). The report gives an insight into the past and present market trends supplement with authentic statistical data to help clients understand the market structure and dynamics. It has also studied each segment in terms of Top brands, leading players and their share. The report also covers information about the market drivers and vertical market segments (chemical industry, ad agency and beauty market).

The report also facilitate clients with the prospective future market trends to enable them adopt appropriate strategies for expanding their business and compete with their rivals. Moreover, the section of challenges studies the roadblocks and impediments for the cosmetic market growth.

Report/IM001

About RNCOS
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
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China Demand for Skin Care Products to Rise Strongly Finds RNCOS

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