The Market value (retail sales value) of Make-Up Industry in China attained a value of USD 7,228.69 Millions in 2020
The Industry recorded a historical growth (CAGR) of 11% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The make-up industry in China recorded a single-digit YoY growth in 2020, and a double-digit Compound Annual Growth Rate (CAGR) between 2017-20.
L'Oreal S.A., Carslan, The Estee Lauder Companies Inc., Amorepacific Corporation, and LVMH Moet Hennessy - Louis Vuitton held the top five leading market positions in the make-up industry in China. The top five players held a significant market share in the make-up industry in China in 2020.
Maybelline, L`Oreal Paris, Carslan, and Mary Kay were the leading brands in the make-up industry.
Make-up constitutes different cosmetics categories such as Eye, Face, Lip, and Nail make-up.
L'Oreal S.A. leads the make-up industry in China in 2020
L'Oreal S.A. was the leading company in the Chinese make-up market (by value) in 2020. Among the brands selling make-up products in China, Maybelline, the flagship brand of L'Oreal S.A. was the largest market shareholder.
Carslan ranked second in the make-up industry in China
Carslan was the second-largest company in the Chinese make-up market (by value) in 2020. Carslan, the sole leading brand of the company selling make-up items in China, has captured a significant market share in the region.
The other leading market positions in the make-up market in China were held by The Estee Lauder Companies Inc., Amorepacific Corporation, and LVMH Moet Hennessy - Louis Vuitton.
The Estee Lauder Companies Inc., Amorepacific Corporation, and LVMH Moet Hennessy - Louis Vuitton were among some of the other prominent companies in the Chinese make-up market, owning major brands M.A.C., Laneige, and Dior, respectively.
Market Fragmentation: L'Oreal S.A. accounted for more than a quarter of the Chinese make-up market (by value) in 2020
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