China tips hat to foreign players as market continues to boom

Published: 7-Jul-2015

Country becomes world's second largest consumer market, according to new report

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The increasing influence of China’s cosmetics and personal care market has been highlighted in a new report by ReportBuyer.

The report, China Cosmetics Market Report, 2014-2017, states that China’s cosmetics sector has become the world’s second largest consumer market after the US, with annual volume of retail sales reaching RMB200bn – and a big proportion of this figure is down to foreign-funded companies.

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