Trade Flock - How to Import Solar Panels From China? TradeFlock - Import Cosmetics from China | Page 9

Import Cosmetics from China A Complete Guide on How to Import Cosmetics from China China is on pace to become the world’s largest market and pro- ducer for beauty products, with burgeoning demand for premium cosmetics that knows no borders. Companies, retailers, and investors are taking notice. China is 10th largest market for U.S. beauty products exports, with U.S. products exports totaling $345.3 million in 2015, representing 3% of the total U.S. export market. China market has reached 200 billion Yuan in 2011and becomes one of the fastest developing markets with a 15% annual growth. China’s cosmetics market comprises mainly four major segments: skincare, hair care, color (make-up) and fragrance (perfume). Combined, they generate around 65-75% of the total beauty products sales in China while skincare being the outstanding contributor to revenue. 9