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The Development History of Skincare Products
The cosmetics market in China is the world's largest emerging market.
The cosmetics market in China is the world's largest emerging market. In just over 20 years, the Chinese cosmetics industry has grown from small to large, from weak to strong, from simple and crude to leading technology and group operation. The entire industry has formed a large-scale and highly dynamic industrial army. With the upgrading of domestic residents' consumption level, the development of the cosmetics industry has also entered a new milestone. Among them, the skincare industry is the fastest-growing niche market in the cosmetics industry. The Chinese skincare industry is growing at an average annual rate of over 15%, and the entire industry is in a stage of gradually upgrading its consumption structure and diversifying its consumption levels. The production and sales of skincare products have also formed relatively complete laws and regulations.
According to survey data, in 2010, the Chinese skincare industry achieved a total sales revenue of 52.3 billion yuan, a year-on-year increase of 16.68%, and a total profit of 3.422 billion yuan, a year-on-year increase of 3.73%. According to customs data, the total import and export volume of China's skincare industry in 2010 was 1632.9736 million US dollars, of which imports amounted to 745.6382 million US dollars, a year-on-year increase of 36.69%; The export value was 887.3354 million US dollars, a year-on-year increase of 24.95%; Achieve a trade surplus of 141.6972 million US dollars.
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