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