Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - China

China

In 2024, the Natural Cosmetics market in China is projected to generate a revenue of US$3.10bn.
This market segment is anticipated to experience an annual growth rate of 10.73% (CAGR 2024-2028).
When compared to other countries globally, in China stands out as the top revenue generator with US$3.10bn in 2024.
Taking into account the total population figures, per person revenues of US$2.17 are expected to be generated in 2024.
China is experiencing a surge in demand for natural cosmetics as consumers prioritize eco-friendly and sustainable beauty products.

Key regions: United Kingdom, Malaysia, Canada, Singapore, Indonesia

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.