China’s skincare market: From ingredient-savvy “skintellectuals” to moms and teens

While color cosmetics were negatively impacted after COVID-19, skincare in China remained resilient. Even new groups of consumers, such as teenagers who didn’t widely use skincare much in the past, are showing greater interest. In 2023, China’s skincare market was worth USD 55 billion, and it is expected to reach USD 59 billion in 2024. … Continue reading China’s skincare market: From ingredient-savvy “skintellectuals” to moms and teens