Chinese cosmetics industry to 2026 – Hairdressing and coloring products hold a large market share
DUBLIN, November 10, 2021– (COMMERCIAL THREAD)–The “Cosmetics Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” report was added to ResearchAndMarkets.com offer.
The Chinese cosmetics market is expected to register a CAGR of 13.76% during the forecast period (2021 – 2026).
Key market trends
Hair styling and coloring products hold a significant market share
In China, more and more women are joining the workforce, thus stimulating the instinct to look good in the workplace. Interestingly, the cosmetics industry has also seen an increase in demand among men, due to factors such as awareness, the importance of grooming, and the presence of more women in the workplace. .
In the cosmetics category, hair is considered the main element that establishes individual style and spells out a fashion statement. Thus, the industry has witnessed the increasing demand for styling products and hair dyes. Products based on natural ingredients, especially fruit and plant products, are in great demand. For example, L’OrÃ©al launched Garnier Olia Coloration Permanente with 60% natural flower oils in an anti-drip cream.
Supermarkets and hypermarkets remain the largest distribution channel
The supermarket / hypermarket segment of the market studied holds the largest share, indicating a consumer preference for this segment. Due to strong consumer demand, large supermarkets are expanding the range of cosmetic products, representing diversity in products. The growth seen in the supermarket segment has been driven by the appeal it creates among baby boomers looking for a safe exploration of various cosmetic products formulated with innovative technology and packaging.
The trend of bulk buying is increasing due to increased income and busy lifestyle of consumers. Selling the products in supermarkets signifies the seller’s transaction building strategy as it leads to an increase in impulse buying by consumers.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market drivers
4.2 Market constraints
4.3 Porter’s five forces analysis
5 MARKET SEGMENTATION
5.1 By product type
5.1.1 Color cosmetics
22.214.171.124 Facial makeup products
126.96.36.199 Eye makeup products
188.8.131.52 Make-up products for lips and nails
5.1.2 Styling and coloring products
184.108.40.206 Hair colors
220.127.116.11 Styling products
5.2 By category
5.3 By distribution channel
5.3.1 Hypermarkets / Supermarkets
5.3.2 Specialized stores
5.3.3 Pharmacies and pharmacies
5.3.4 Online Retail Stores
5.3.5 Other distribution channels
6 COMPETITIVE LANDSCAPE
6.1 Most active companies
6.2 Most adopted strategies
6.3 Market share analysis
6.4 Company profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID-19 ON THE MARKET
For more information on this report, visit https://www.researchandmarkets.com/r/howd15
View the source version on businesswire.com: https://www.businesswire.com/news/home/20211110005738/en/
Laura Wood, Senior Press Director
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