French cosmetics and China: A faltering love story?
After several years of dynamic growth, a number of French cosmetic companies in China is started to diminish at a growing rate. In comparison, the Chinese cosmetic market is expanding. According to Euromonitor, sales of beauty products and make-up in China increased from 6.7% and 10.9% respectively between 2014 and 2015. French cosmetics in China […]
Market Trend of The Cosmetic Industry in China
The Cosmetic Industry in China The cosmetic industry in China has been increasing with the rapid growth of the Chinese economy these recent years. The total retail sales of skin care products and makeup products in China is estimated to 142 billion RMB and 21 billion RMB respectively in 2014, an annual growth of 8.0% […]