Lipstick market in China: driven by face value pricing and male beauty

Lipstick market in China

Under the influence of the “beauty value economy”, China’s cosmetics market has always attracted the attention of people who love beauty. According to Baogao, lipsticks accounted for 28% of the Chinese cosmetics market in 2019, with a year-on-year growth rate as high as 36.6%. The lipstick market in China will reach 30 billion yuan by […]