How Gen-Z and COVID-19 reshaped China’s US$80 billion beauty industry
The beauty industry covers a wide variety of categories such as personal products (cosmetics, skincare, hair care, fragrances), beauty appliances (hair dryers, brushes, combs), and services (salons, day spas, medical aesthetics). On a global stage, China’s beauty industry is a force to be reckoned with. The country ranked second in terms of cosmetics market revenue […]
China Paradigm 106: The design agency behind the rebranding of iconic Chinese cosmetic brands
Rebranding of iconic Chinese cosmetic brands Matthieu David interviews Matthieu Rochette-Schneider, Greater China General Manager at centdegrés. Building a brand in China might look like a very different process than the way brands are built in the West. But there are many businesses in China that were very fortunate to have the veteran brand builders […]
China cosmetic market
China cosmetic market Beauty market is booming in China China cosmetic market growth has been accelerating for the past few years with increasing demand for high-quality foreign cosmetics. Retail sales in the industry has been increasing over previous years, doubling from RMB88.9 billion in 2010 to RMB162.5 billion in 2013. Skin-care and make-up products are […]
Market research: Make-up market in China
Market research: Make-up market in China The Chinese cosmetics market is the third largest in the world. Both foreign and domestic producers compete for customers, although international brands are currently dominating. They share approximately 80% of the market with an evident leader, L’Oreal, which enjoys between 9-11% shares of the whole industry’s revenue. However, it […]
Cosmetic Brands China
Cosmetic Brands China Jala Group 2013 Beauty Sales Growth (year-on-year) Subsidiaries and Main Brands $ 0.79 billion (EST.) ¥ 5 billion (EST.) + 20% (EST.) Chando (skin care and make-ups), Chando BB Family, Maysu, Aglaia (skincare), Insea (cosmeceutical) RECENT HISTORY: With the slowdown in FMCG sector in 2013, some foreign cosmetic brands left the Chinese market, […]