As of 2021, Chinese consumers purchased more cosmetics from foreign brands than domestic manufacturers. However, the gap is narrowing. With a retail value of 744.1 billion yuan, domestic cosmetics products will surpass foreign brands in retail value in 2026.
Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin
(in billion yuan)
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HKExnews. (October 5, 2022). Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin (in billion yuan) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/
HKExnews. "Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin (in billion yuan)." Chart. October 5, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/
HKExnews. (2022). Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin (in billion yuan). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/
HKExnews. "Retail Sales Value of Cosmetics and Personal Care Products in China from 2015 to 2021 with Estimates until 2026, by Brand Origin (in Billion Yuan)." Statista, Statista Inc., 5 Oct 2022, https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/
HKExnews, Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin (in billion yuan) Statista, https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/ (last visited December 23, 2024)
Retail sales value of cosmetics and personal care products in China from 2015 to 2021 with estimates until 2026, by brand origin (in billion yuan) [Graph], HKExnews, October 5, 2022. [Online]. Available: https://www.statista.com/statistics/1341539/china-retail-sales-of-cosmetics-by-brand-origin/
