China is the world’s second largest cosmetics consumption country. According to the national statistics, the retail sales of cosmetics have grown by 10.9% from a year ago in the first quarter, keeping the double-digit growth.
According to the domestic cosmetics report by Tencent released in May, 56% of the total market share has been taken by domestic products, and 42% of the consumers are more willing to choose domestic products, while 90% of them said they would buy domestic products again. (Source: Xinhuanet.com)