Sales growth of skincare products China 2023, by price range

Published by
Xin Ou,
May 7, 2024

In 2023, skincare products priced below 200 yuan experienced a significant sales growth of 12.5 percent compared to the previous year. Meanwhile, luxury products that cost over 700 yuan also saw a year-over-year growth of 8.3 percent. By contrast, skincare products in other price ranges experienced a sales decline.

Year-over-year sales growth of skincare products in China in 2023, by price range

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Release date

March 2024

Region

China

Survey time period

2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of May 2024).

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