Rita Bao’s Post

📘[𝐑𝐞𝐩𝐨𝐫𝐭] 𝐀 𝐋𝐨𝐨𝐤 𝐁𝐚𝐜𝐤 𝐚𝐭 𝟐𝟎𝟐𝟑: 𝐂𝐡𝐢𝐧𝐚’𝐬 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐈𝐦𝐩𝐨𝐫𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐯𝐢𝐞𝐰 2023 represents a nuanced phase for China's cosmetics market as it maneuvers through recovery and recalibration amid evolving consumer behaviors and global uncertainties. This dynamic environment brought both challenges and opportunities to brands in the market.   As the year drew to a close, ChemLinked reviewed China's cosmetic market development throughout 2023 and concluded import status to watch. The aim of this report is to provide brands with a clearer picture of the Chinese #cosmetic import market.   Contents covered in this report 🔹Part 1 Cosmetic Retail Sales   🔹Part 2 Cosmetics Imports 2.1 Main sources of cosmetic imports 2.2 Main imported categories 2.3 Possible causes for import decline   🔹Part 3 Summary   Download the report at👇 https://lnkd.in/gBRyc5Ay

How much do you know about the rapidly growing cosmetic market? 🌎Global market value: $463.5 billion by 2027 (estimation) 💰Malaysian market total revenue in 2022: US$2.68 billion 🚀Malaysian market expected annual growth: 4.07% This article revealed the global market potential for Malaysian cosmetics brands and explained how going online is essential for success to maximize your chances of success. Read more: https://lnkd.in/gyDpQGr2 #dhlexpressmalaysia #malaysia #cosmeticsbrand #cosmeticsmalaysia #internationalbusiness #internationaltrade

How much do you know about the rapidly growing cosmetic market? 🌎Global market value: $463.5 billion by 2027 (estimation) 💰Malaysian market total revenue in 2022: US$2.68 billion 🚀Malaysian market expected annual growth: 4.07% This article revealed the global market potential for Malaysian cosmetics brands and explained how going online is essential for success to maximize your chances of success. Read more: https://lnkd.in/gyDpQGr2 #dhlexpressmalaysia #malaysia #cosmeticsbrand #cosmeticsmalaysia #internationalbusiness #internationaltrade

How much do you know about the rapidly growing cosmetic market? 🌎Global market value: $463.5 billion by 2027 (estimation) 💰Malaysian market total revenue in 2022: US$2.68 billion 🚀Malaysian market expected annual growth: 4.07% This article revealed the global market potential for Malaysian cosmetics brands and explained how going online is essential for success to maximize your chances of success. Read more: https://lnkd.in/gyDpQGr2 #dhlexpressmalaysia #malaysia #cosmeticsbrand #cosmeticsmalaysia #internationalbusiness #internationaltrade

How much do you know about the rapidly growing cosmetic market? 🌎Global market value: $463.5 billion by 2027 (estimation) 💰Malaysian market total revenue in 2022: US$2.68 billion 🚀Malaysian market expected annual growth: 4.07% This article revealed the global market potential for Malaysian cosmetics brands and explained how going online is essential for success to maximize your chances of success. Read more: https://lnkd.in/gzwt89Ef #cosmeticsbrand #cosmeticsmalaysia #internationalbusiness #internationaltrade

Record export growth is driving Serbia's cosmetic boom #bne #bneEditorsPicks #Serbia #retail Serbia’s cosmetic industry is experiencing unprecedented growth, with exports reaching record levels in the first five months of 2024, according to the latest data from the Serbian Chamber of Commerce (PKS). Cosmetic product exports amounted to €36.8mn in the first five months of 2024, an 8% increase compared to the same period last year. This continues the upward trend seen in recent years.

📔[𝐑𝐞𝐩𝐨𝐫𝐭] 𝐀 𝐋𝐨𝐨𝐤 𝐁𝐚𝐜𝐤 𝐚𝐭 𝟐𝟎𝟐𝟑: 𝐂𝐡𝐢𝐧𝐚'𝐬 𝐑𝐞𝐣𝐞𝐜𝐭𝐞𝐝 𝐈𝐦𝐩𝐨𝐫𝐭𝐞𝐝 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐑𝐞𝐯𝐢𝐞𝐰 The import of beauty #cosmetics and toiletries in 2023 witnessed a downward trend📉, with some months even experiencing a double-digit decline. This decline can be attributed, in part, to the government's increasing scrutiny and stricter supervision of imported cosmetics.   This report aims to provide a comprehensive analysis of the rejected batches of imported cosmetics between January and November 2023, focusing on the main categories of rejected cosmetics, reasons for rejection, and #compliance suggestions to help companies avoid rejection.   Contents covered in this report 🔸Part 1 Cosmetic Import Value  1.1 Overview of Cosmetic Import Data📊 in 2023   🔸Part 2 Rejected Imported Cosmetics 2.1 Characteristics of Rejected Imported Cosmetics 2.2 Compliance Suggestions   Download the report at👇 https://lnkd.in/gn4UxKk5

This is inline with strong growth in Vietnam’s cosmetics market which is projected to generate a revenue of US$546.2 million this year on an anticipated annual growth rate of 3.20 percent up to 2028, according to data collated by Statista. A good portion of these sales look to be imports too with approximately US$800 million worth of essential oils, perfumes, and cosmetics imported into Vietnam in the first seven months of this year. https://lnkd.in/g2DHUUJ8

According to the latest data released by the Italian Cosmetics Association (Cosmetica Italia), the sales of Italian beauty companies in 2023 increased by 13.3% compared to 2022, reaching €15 billion. It is forecasted that sales will further increase by 9.8% in 2024, reaching €16.5 billion. Exports have always been the main driving force behind the Italian cosmetics industry, with exports increasing by 19.5% compared to 2022, reaching €7 billion, accounting for 46.4% of total revenue. Europe is the main export destination for Italian beauty products, accounting for 61% of total exports, followed by the Americas and Asia, each accounting for 18% of the total. We Sinoway, a professional cosmetic raw materials supplier in China since 1987, is specilized in exporting various high quality cosmetic raw materials for you. www.china-sinoway.com #beautycompanies #beautyindustry #cosmetic #cosmeticrawmaterial #sinoway

[HOW TO DEVELOP YOUR BUSINESS IN CANADA ?] “Access to Global Cosmetic Market” is a new webinar series, offered by Global Cosmetics Cluster , to explore the global market for the perfume-cosmetics industry. A great way to gather market intelligence and find new growth opportunities.🤝 ➡️The first “Access to Global Cosmetic Market” webinars were dedicated to CANADA, presented by our partner, the Canadian Cosmetic Cluster. 📅On the webinar program: Canadian ecosystem, trends, key figures, collaboration opportunities, regulations... Are you interested in the Canadian market? You didn't have the opportunity to participate... Check out the replays 👇 From the first webinar, on the cosmetics and perfumery market in Canada: https://lnkd.in/e6VShygv From the second webinar, on cosmetic regulations in Canada: https://lnkd.in/eZ3PD9Wd 🔜 Stay connected to discover our next webinars ! Japanese and Italian markets are expected to arrive by the end of the year.