The Rise of China's Beauty Market-Domestic Brands Competing with International Giants
2025-01-07
For skincare brands, medical aesthetics represents a new starting point, where domestic brands and foreign big names have, for the first time, stood on the same starting line.
Data from the China Association of Fragrance Flavor and Cosmetic Industries shows that in the first half of this year, the domestic beauty market share has climbed to 56.7%, surpassing that of foreign cosmetics.
However, for the past three decades, China's local beauty market has been an important market for foreign beauty giants, dominated by numerous foreign beauty enterprises.
Chinese companies have an absolute advantage in the development and application of recombinant collagen and hyaluronic acid: Although the Chinese hyaluronic acid industry started late, it has developed rapidly and has strong momentum.
After more than 30 years, it is now in an absolutely leading position internationally.
The Impact of Light Medical Aesthetics on the High-End Skincare Market
Global Leadership in Hyaluronic Acid and Recombinant Collagen
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