Top Selling Chinese Skincare Products Named after Organic Molecules
Would you use a product called Oligopeptide Essence, or Nicotinamide Essence? Cosmetics companies have traditionally agonized over coming up with creative produc…
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Japan and luxury cosmetics
I. High average price of Japanese brands If we compare average price of brands by country, Japan has a higher average price compared to other Asian countries. The respe…
How beauty companies are embracing diversity
I. The era when diversity is appreciated Consumer pool has always been diverse, but it has not been long since cosmetics companies started to accept these differences…
Are you using vegan beauty products?
I. Vegetarian beauty: vegan cosmetics Vegan cosmetics refer to products that does not contain ingredients from animals. The term came to incorporate the idea of eco-…
Why are we attracted to dupes?
I. ‘Dupes’ or so-called cheaper alternatives ‘Dupe’ refers to cheaper alternative for products that are from famous brands, but with similar ingredients and featur…
Polarization in foundation market
I. Rapid pie expansion Base makeup (foundation) is one of the fastest growing categories in China. Base makeup sales in May 2019 amounted to 1.3 bn yuan(+257.9% yoy vs.…
China Suncare Trend
I. Rapid rotation Suncare refers to functional products with the special purpose of ‘blocking UV rays’ and suggests a wide range of choices depending on…
Derma cosmetics(skincare for sensitive skin) market in China
I. Derma cosmetics market Sales revenue of skincare products(sum of toner, essence, and lotion category) sold in Tmall and Taobao for the last one year(June 2018-May…
Young & rich & pretty
I. The new consumer generation for beauty: Generation Z Gen Z refers to the generation born between 1995 and 2005. The influence through peer group through social medi…