Present status and development trends of the cosmetics market.(Fine and Specialty)

China Chemical Reporter | January 6, 2009| | Copyright

Rapid development

With the sustained rapid growth of the economy in recent years, the cosmetics sector in China has become one of the sectors with the most rapid development. Since the 1980s, the market volume of cosmetics in China (including only Mainland China) has expanded constantly. The sales value of the cosmetics sector was around RMB 110 billion in 2006, an increase of around 12% over 2005. Sales in 2007 already added up to more than RMB 120 billion. According to data provided by relevant industrial associations, the cosmetics market in China will grow at an ...

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