According to Frost & Sullivan, the market size of functional skincare products in China grew by 33.6% to reach RMB 56.7 billion in 2021. The market is expected to maintain a growth rate of over 30% and reach RMB 175.7 billion in 2025. This rapid growth can be attributed to the increasing notice of Chinese consumers on cosmetic ingredients and their functions.
In recent years, many Chinese consumers have been prioritizing the ingredients and functions of cosmetic products over brand names. They tend to investigate and compare the ingredients and functions of different products and purchase the cost-effective ones fitting their needs. With consumers’ higher requirements for products and their functions, cosmetic enterprises have been expanding the R&D of raw materials and hoping to forge competitive products.
Given the importance of cosmetic ingredients to both consumers and enterprises, ChemLinked has selected some popular raw materials and conducted a brief market analysis of them. The webinar will also cover the latest cosmetic ingredient trends in China to provide participants with valuable insights.
Additionally, we have prepared a compliance-related webinar titled "Navigating China's New Cosmetic Ingredient Notification and Registration Process" on June 21, 2023 (GMT+8) to provide the latest new cosmetic ingredient regulations and application process in China. If you wish to participate, kindly register by clicking here.
To have a better chance of your questions being addressed during the webinar, we encourage you to email us your inquires in advance.
ChemLinked Market Research Analyst
Jekyl graduated from the University of Manchester with a master's degree and now works as a research analyst with ChemLinked Market Team. She mainly tracks the latest market changes about imported consumer goods in China and the rest of the Asia Pacific area and provided customized consulting services for clients. Areas of expertise: cosmetics, food, clean beauty, health food, dairy, marketing strategies, fashionable trends, perfume, luxury products
1. Chinese cosmetic market overview
2. Top 20 most popular ingredients overall
3. Trending cosmetic ingredients in the popular sectors
4. Cosmetic ingredient trends in China
Natural plant ingredients are highly welcomed.
Consumers tend to trust ingredients used in both makeup and food.
Attaching importance to sustainable development.
Customised cosmetic ingredients are emerging.
Ingredients generated by synthetic biology techniques are the future mainstream.
If you have any questions about this webinar, please contact us at:
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