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Within a five years, from 2017 to 2022, the C-beauty industry doubled its market share. In 2022, C-beauty brands surpassed international competitors in sales within China. [28] China exported US$4.85 billion worth of cosmetics in 2021. [29] In 2023, the C-beauty market value was worth US$67.18 billion. [30]
China’s cosmetic surgery industry soared from RMB 87 billion in 2015 to RMB 176 billion in 2017 [11] and currently continues to rise. It is the world’s 3rd largest cosmetic surgery market in 2018 [12] and recent studies conducted by HSBC foresee an increase in its market size by 2019.
Others, however, view this as a sign of increasing gender equality and feel that men also have the right to enhance their facial features with cosmetics if women do. Today the market of cosmetics has a different dynamic compared to the 20th century. Some countries are driving this economy: Japan: Japan is the second largest market in the world.
In Germany, the cosmetic industry generated €12.6 billion of retail sales in 2008, [39] which makes the German cosmetic industry the third largest in the world, after Japan and the United States. German exports of cosmetics reached €5.8 billion in 2008, whereas imports of cosmetics totaled €3 billion.
Wang, whose company has been hit by European tariffs on China-made cars and faces efforts from the U.S. to block it from selling its products there, said that China's electric car industry was 3-5 ...
Proya Cosmetics (Chinese: 珀莱雅) is a Chinese cosmetics company. In 2006, Hou Juncheng founded Proya Cosmetics in Zhejiang Province. [ 1 ] Proya is headquartered in Hangzhou and employs 2,720 people.
China's traffic conditions are among the world's most complex due to its massive population, diverse road conditions, dynamic traffic scenarios, and complicated urban layouts.
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field. The company has ...