Delhi, India (PressExposure) July 10, 2009 -- Chinese cosmetics and toiletries market, which includes hair care, fragrances, make-up/color cosmetics, and skin care segments, stood at an estimated US$ 16.9 Billion in 2008. The market has been showing strong future growth prospects and is forecasted to grow at a CAGR of over 13% during 2009-2012, says our new report âCosmetics and Toiletries Market in Chinaâ.
The report explains the potential of the emerging segments of the Chinese cosmetics market. It identifies that traditional cosmetic segments like hair care, skin care are still quite popular in the country and collectively constitute the largest market share in the entire cosmetics and toiletries market of the country. In coming times also, these segments will remain critical in the overall cosmetics market growth.
Chinese consumers have become adaptive to the world class offerings of well known players and willing to spend more for better quality products. In addition, heavy promotion expenditure made by market players along with âlooks consciousâ approach of consumers is strengthening cosmetics and toiletries sales in the country. The trend is expected to sustain in future also to drive the market growth.
âCosmetics and Toiletries Market in Chinaâ provides in-depth analysis and extensive research on the cosmetics and toiletries market of China. The report provides intense overview of the present and future cosmetics market structure in Chinaâs context and highlights the factors critical to the success of the market. All the important segments, relevant in the cosmetics market scenario have been carefully studied and presented in a way that they facilitates the deep understanding of their current market performance, latest trends, and the future growth prospects.
The impact of the worldwide financial turmoil on the Chinese Cosmetics and Toiletries industry has been thoroughly considered and thus, the report provides the exact and unbiased understanding of the market within the current economic outlook.
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