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Within a five-year span, 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 has become key to growth for global beauty companies, driven by rising household incomes, new entrants and the increasing development of local brands. But over the last few months, there ...
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.
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. [2] Proya was listed on the Shanghai Stock Exchange in November 2017. [1]
A growing number of Chinese beauty brands are looking to woo overseas consumers in less competitive markets amid weakened domestic consumption. Over the last two years, Chinese cosmetics companies ...
The influential Soong sisters were among the major patrons of Pechoin. [5] [9] [10] [11]In 1931, Pechoin was founded by Gu Zhimin (顾植民) as a skincare brand under cosmetics company Fu Bei Kang (富贝康化妆品有限公司) in Shanghai, making it the first domestic skincare brand in China.
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Sa Sa International Holdings (Chinese: 莎莎國際) (SEHK: 178) was a Hong Kong–based chain store company selling cosmetics, personal care, skin care, fragrance, hair care, body care products, as well as health and beauty supplements under more than 700 brands, including over 180 own brands and other exclusive international brands.