Biotech beauty in China: global alliances are reshaping the future of cosmetics
By 2024, China’s beauty & personal care market is expected to yield a revenue of RMB 499.7 billion with a projected annual growth rate of 4.84% (CAGR 2024-2028). The driving forces behind this growth primarily stem from the cosmetics and skincare segments. Driven by Chinese consumers’ higher expectations for effective but safe and sustainable cosmetics […]
The influence of local brands, Gen-Z consumers, and at-home trends on the booming beauty device market in China
Chinese consumers’ appetite for technology and customized recommendations, along with the rapid development of the lazy economy and the rise of the Gen-Z, is inducing more and more beauty brands to invest in at-home beauty devices. This has led to a rapid boom in the market for at-home beauty devices in China. During the pandemic, […]
Appetite for beauty food in China rises as consumers’ health awareness grows
In the wake of the pandemic, Chinese consumers’ growing focus on health and well-being has sparked a beauty food revolution, transforming the way people perceive skincare and nutrition. With a rising emphasis on wellness, the demand for functional food has surged, leading to the widespread popularity of beauty food in China. According to Euromonitor, China’s […]
UNISKIN: the cutting-edge anti-aging brand for Chinese skin
As of 2019 China’s beauty industry is the second largest in the world, with skincare the biggest and fastest growing market segment within the beauty and personal care industry. In 2021 China’s skincare market was worth 9.2 billion RMB (1.34 billion USD), recording a 17% y-o-y increase. Historically, China’s skincare market has been dominated by […]
China Paradigm Transcript #107: Spa industry in China
Find here China Paradigm episode 107. In this interview, Johnny Chang tells us about the spa industry in China and his business Spa Solutions. Full transcript below: Today I am joined by Johnny Chang, founder and CEO of Spa Solutions since 2003. That’s over 17 years of providing solutions in the hotel and regular spa industry in China. […]
China Paradigm 107: All you need to know about the spa business in China
Matthieu David interviews Johnny Chang Founder at Spa Solutions Training and Management Consultancy Ltd., Shanghai. How big is the spa industry in China and how much more of a quality service does it offer compared to the West? What training does Spa Solutions offer emerging spa businesses and in what way is the spa industry […]
Digital Trends for the Plastic Surgery Industry in China
To know more about the Plastic Surgery Industry in China, contact us at dx@daxueconsulting.com How Plastic Surgery is Going Digital in China? According to a recent report from HSBC, China’s social media and obsessions with selfies have created a vanity fest and a large market for cosmetic surgery, with sales to Chinese consumers poised to […]