WebAug 25, 2024 · Customers wearing face masks shop at a Chinese cosmetics brand Perfect Diary store, following the coronavirus disease (COVID-19) outbreak in Beijing, China August 25, 2024. WebFeb 2, 2024 · In 2010, online sales represented about 3.1% of cosmetics sales in China. By 2024, they represented 33.6% of cosmetic and skincare sales, while sales through traditional brick-and-mortar channels have continued to decline. The pandemic has accelerated this trend. Chinese men are embracing skincare:
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WebThe rise of Chinese domestic makeup brands is correlated with sales promotions. According to Askci, 2 of the top 5 sales brands were Chinese domestic cosmetics brands during 618 shopping festival in 2024. … WebMar 21, 2024 · What Happened: China’s cosmetics retail revenue totaled $9.53 billion (65.6 billion RMB) in the first two months of this year, recording a year-on-year growth of 3.5 percent, according to China’s National Bureau of Statistics. The country’s beauty market is rebounding quickly after a tough year marred by economic uncertainties, pandemic … WebMay 6, 2024 · According to Statista, revenue in the Beauty & Personal Care market amounts to over $55 million thus far in 2024. Moreover, the market is expected to grow annually by 7.1 percent through 2024. Until recently, … share it chat