(EMAILWIRE.COM, April 08, 2010 ) New Delhi, India - According to our new report “Cosmetics and Toiletries Market in China”, China offers huge potential for cosmetics and toiletries industry developments, and has surpassed its regional counterparts in terms of industry growth and revenues. Even in the tough times of economic slowdown, Chinese cosmetics and toiletries industry showed strong resilience and registered impressive year-on-year growth. Our estimations further reveal that industry will continue to experience strong market developments and will show double digit CAGR during 2010-2013.

We have thoroughly researched the Chinese cosmetics industry and identified critical market trends shaping the industry’s current and future growth prospects. As discussed in the report, skin care segment is still dominating the entire cosmetics and toiletries market in the country, and accounted for around 40% of the overall cosmetics and toiletries sales in 2009. We anticipate this segment to continuously rule the market with strong double digit CAGR forecast for 2010-2013.

Further, foreign multinationals are currently leading the skin care market in China. However, a significant market share is still in the hands of domestic players. Though the competition is expected to remain severe in the mid-term, seemingly the purchasing power of multinational firms, along with strategies like purchasing domestic brands, is anticipated to witness them playing an ever more dominant role in country’s skin care industry.

Apart from skin care, other market segments such as color cosmetics, hair care, etc. are also catching up fast and have shown tremendous market performance in recent years. We expect that the boom times in the cosmetics and toiletries market are likely to keep rolling in coming years supported by some concrete market fundamentals discussed and evaluated in the report.

“Cosmetics and Toiletries Market in China” provides quantitative as well as qualitative analysis of burgeoning Chinese cosmetics and toiletries market. It facilitates past, present and future prospects of critical industry trends, information and statistics, facilitating unmatched market intelligence. Proper segment as well as sub-segment industry analysis and evaluation under section’s hair care, skin care, color cosmetics, fragrances etc are also discussed in the report. The Report has been prepared keeping the possible impacts of post recessionary scenario intact, which enables a balanced market approach in evaluation and treatment of the analysis.

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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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