Chinese Cosmetics and Toiletries Market to grow at 12% CAGR

With the high demand for men's skin care products, Chinese cosmetics and toiletries market is set to grow at a high pace, RNCOS identified.

NOIDA, India (prHWY.com) May 16, 2011 - Chinese cosmetics and toiletries market is the second largest market in the Asia-Pacific region and the third largest market in the world. Our research report "Cosmetics and Toiletries Market in China" anticipates that, the country possess huge growth potential in this market. China with a very low penetration and with a large customer base makes the cosmetics and toiletries market quite lucrative for both local as well as international players across the world.

Cosmetics and toiletries market ranks sixth on the basis of consumption after real estate, automobile, telecommunications, education, and tourism markets. Factors, such as change in life style of Chinese population, adaptation of western culture, increase in awareness, and consciousness of looking beautiful are driving the market to new heights.

Our ongoing research and study on China cosmetics and toiletries market found that, the market is currently dominated by the international players. Launch of new products, modification in existing products by both local and foreign players, increases the potential of developing huge customer base. Moreover, the cosmetics companies urge to increase the market share increases the competition in the market.

Further, the report provides information on market performance of cosmetics and toiletries market along with the sub segments. The sub segment includes skin care, hair care, make-up/ color cosmetics, and fragrance segment. The report also covers the behavior analysis of the customers, covering the key points in the sections, such as purchasing power, demographic profile, changing tastes, etc.

Our report "Cosmetics and Toiletries Market in China", also discusses about the market dynamics and market overview of Chinese cosmetics and toiletries. Additionally, our report provide segment wise industry forecast based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, our report provides complete and coherent analysis of Chinese cosmetics and toiletries market. Moreover, the report provides information on the government regulations, opportunities areas, and challenges faced by the market. The report is unbiased and will help clients in understanding the present scenario of the market as well as its future prospective.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM001.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: china cosmetic industry

Categories: Retail

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