China Cosmetics Market Report, 2010-2011 - Latest Report
Benefiting from the accelerated process of urbanization in China as well as the improved disposable income of residents, Chinese consumers have displayed growing demand for beauty & cosmetics. In 2001-2010, the retailing of cosmetics in China increased by five-fold, thus becoming one of the world’s largest cosmetics consumer markets; from January to November of 2011, the retail sales climbed 24.5% YoY to RMB99.2 billion.
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