What is the future trend of China's cosmetics industry-

As the country with the largest population, China is also a big economy. Since the popularization of cosmetics in China, the overall annual consumption of cosmetics has been rising in a straight line. Cosmetics were first popularized in Japan, and China's consumption has surpassed that of Japan in recent times. , becoming the second largest consumer of cosmetics after the United States. What is the future trend of China's cosmetics industry? It can be seen from the following analysis results; '2013 White Paper on Beauty Consumption of Chinese Intellectual Girls' was released in Beijing. The report pointed out that the overall consumption level of cosmetics in my country has surpassed that of Japan. Nearly 200 billion yuan in 2012, the total sales of cosmetics in my country increased tenfold in ten years, becoming the second largest consumer of cosmetics in the world after the United States, and the cosmetics consumption is expected to reach 300 billion yuan. As of October 2013, my country has more than 3,400 formally registered cosmetics manufacturers, with hundreds of thousands of products, and new products emerging one after another. According to the annual inspection results of relevant national and local departments, the average pass rate is as high as 95%. The cosmetics industry is a relatively large proportion of the development of my country's tertiary industry, and its development level is closely related to my country's economic development, especially the color cosmetics market. In developed countries, the market share of color cosmetics generally accounts for 30%, while my country's The market share of color cosmetics is less than 10%. Although the concept of cosmetics consumers in my country has undergone some changes in recent years, it is still dominated by skin care products, followed by color cosmetics. With the continuous progress and demand of the society, international requirements, the makeup and styling industry has grown since 2003, and it is expected that the Chinese makeup and styling industry will explode in the next five years, and the market will be saturated in ten years, but the Chinese market for makeup and styling There is still work to be done for the industry to become international. At the same time, the makeup and styling industry will replace hair salons in the next five years. With the rapid development of cosmetics, this is a great business opportunity for many cosmetics companies. Now the national economy is growing rapidly. After the successful implementation of the 19th National Congress of China in the next five years, more people will be exposed to cosmetics. The demand for cosmetics will also gradually increase. The above is the whole content of the future trend of China's cosmetics industry. For more knowledge about cosmetics, you can follow us, cosmetics.