Rising disposable income and increasing western influence will drive the growth of the Chinese cosmetics and toiletries market, to grow at a CAGR of around 12% during 2011-2014, says RNCOS.

Noida, UP -- (SBWire) -- 04/06/2011 -- According to our research report “Cosmetics and Toiletries Market in China”, the cosmetics and toiletries industry in China has witnessed tremendous growth during the last couple of years. The country is currently at the third position in terms of size of cosmetics and toiletries market, following only the U.S and Japan. The products of this industry were once considered to be a luxury, but now, these products are fast becoming necessities and will see continuous growth in the next few years. It is expected that the cosmetics and toiletries market in China will grow at a CAGR of around 12% during 2011-2014.

According to our research, the country will witness a growth in all sub segments of the market, but the primary driver for overall market will be the skin care segment. Along with this segment, activity in hair care, color cosmetics and fragrances segment will also sustain upward growth trend in the coming years on the back of the various reasons discussed in the report.

Further, our report discusses the direction, in which, the cosmetics and toiletries market in China is likely to move in near term. The report also features forecasts for growth in all market segments, individually. It also includes changing dynamics of market share among market players and brands in each segment. Apart from this, our report presents information on the regulatory developments in the country’s cosmetics and toiletries industry.

“Cosmetics and Toiletries Market in China”, provides latest developments in the cosmetics and toiletries of China. The report discusses all important facets of the industry in detail. Besides, the report analyzes the market drivers critical to the further growth and their impact on the cosmetics and toiletries industry. Additionally, the report sheds light on the emerging market opportunities and challenges, which are expected to decide the future of the Chinese cosmetics and toiletries industry.

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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.