China make-up market to climb 7.4% through 2026- GlobalData

Through 2026, the market is expected to register a compound annual growth rate (CAGR) of 7.4%, reaching $11.7 billion, according to a new report by GlobalData, a data and analytics company.Previously, the per capita expenditure (PCE) on make-up in China increased from $1.2 in 2016 to $2.8 in 2021, surpassing the regional average of $2.4. Still, it lagged the global average of $3.9.คำพูดจาก สล็อตเว็บตรง

In particular, the eye make-up category is set to register the fastest value CAGR in China over 2021 through 2026, followed by the lip make-up category.“The Covid-19 lockdowns in Shanghai and Beijing undermined demand for color cosmetics in China in the first hal…