Key word：
The downstream of the global cosmetics and personal care ingredients market mainly consists of manufacturers of cosmetics and skincare products, while the end consumer group is those who pursue skincare effects and have a demand for cosmetics. With the increase of income, upgrading of consumption structure, and further improvement of public aesthetic level, skincare issues are no longer limited to female consumers, and the male consumer group is also constantly growing. The expansion of the end consumer group has driven the revenue of the downstream cosmetics and skincare market, which is conducive to increasing the order volume and business volume of the cosmetics and personal care raw materials industry.
In recent years, with the rise of the "ingredient party" and "efficacy party", the efficacy skincare track has become extremely hot, and effective ingredients have become increasingly the standard for young people to choose skincare products. According to Frost&Sullivan data, the Chinese efficacy skincare market reached a size of 56.7 billion yuan in 2021, with a growth rate of 33.6%, and is expected to continue to maintain a growth rate of over 30%, reaching a market size of 175.7 billion yuan by 2025.
A modern technology company providing innovative solutions for efficacious personal care ingredient.
Learn more