In 2023, the retail sales of China's color cosmetics market amounted to ***** billion yuan, representing a slight increase from the previous year. The market is expected to maintain its momentum, achieving a value of over *** billion yuan in 2028.
Consumption force
In China, people used to put on makeup only for special occasions such as weddings and graduation. Nowadays, wearing makeup has become common, with the number of users growing remarkably across all ages. The main consumption power of color cosmetic products are users aged ******** years.
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HKExnews. (August 7, 2024). Retail sales of color cosmetics industry in China from 2018 to 2023, with forecasts until 2028 (in billion yuan) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/
HKExnews. "Retail sales of color cosmetics industry in China from 2018 to 2023, with forecasts until 2028 (in billion yuan)." Chart. August 7, 2024. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/
HKExnews. (2024). Retail sales of color cosmetics industry in China from 2018 to 2023, with forecasts until 2028 (in billion yuan). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/
HKExnews. "Retail Sales of Color Cosmetics Industry in China from 2018 to 2023, with Forecasts until 2028 (in Billion Yuan)." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/
HKExnews, Retail sales of color cosmetics industry in China from 2018 to 2023, with forecasts until 2028 (in billion yuan) Statista, https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/ (last visited June 06, 2025)
Retail sales of color cosmetics industry in China from 2018 to 2023, with forecasts until 2028 (in billion yuan) [Graph], HKExnews, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1232629/china-market-size-of-color-cosmetics/