China's demand for Face Care Products will continue to grow at a CAGR of 13% by 2027.
This study focuses on China's Face Care Products market trends. In the past two decades, the market has been growing at a fast pace. The dramatic expansions of manufacturing capabilities and rising consumer consumptions in China have transformed China's society and economy. China is one of the world's major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world's fastest growing market for the consumption of goods and services. The Chinese economy maintains high speed growth, which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. Rapid consolidation between medium and large players is anticipated since the Chinese government has been encouraging industry consolidation with an effort to regulate the industry and to improve competitiveness in the world market.
Although China has enjoyed the benefits of an expanding market for production and distribution, the industry is suffering from minimal innovation and investment in R&D and new product development. The sector's economies of scale have yet to be achieved. Most domestic manufacturers lack the autonomic intellectual property and financial resources to develop their own brand name products.
This new study focuses on market trends and forecasts with historical data (2007, 2012 and 2017) and long-term forecasts through 2022 and 2027 are presented.
Key Topics Covered:
2. Business Environment
3. Face Care Products Market Trends
4. Marketing Strategies
For more information about this report visit https://www.researchandmarkets.com/research/2x99rp/chinas_face_care?w=4