Cosmetics retail sales China 2018-2028

Published by
Xin Ou,
Dec 13, 2024

In 2023, the retail sales of cosmetics in China totaled 953.7 billion yuan, increasing from 909.1 billion yuan in the previous year. China's cosmetics market was expected to grow further, reaching a retail sales value of 1.4 trillion yuan by 2028.

Cosmetics retail sales in China from 2018 to 2023, with forecasts until 2028 (in billion yuan)

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Release date

August 2024

Region

China

Survey time period

2018 to 2023

Supplementary notes

*Estimate.

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

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Cosmetics market in ChinaE-Commerce in ChinaLuxury goods market in ChinaRetail industry in ChinaCosmetics industry
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