日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Fragrance sector poised for more expansion

By ZHU WENQIAN | China Daily | Updated: 2021-11-26 09:40
Share
Share - WeChat
Consumers browse for perfume at a Young Beast store in a shopping mall in Beijing in July. [Photo provided to China Daily]

Increasingly market-savvy consumers bolster potential; gifting of perfume, cologne during COVID a popular phenomenon

The fragrance market in China is poised for growth to meet demand of the nation's increasingly sophisticated beauty consumers, and online sales are expected to become more important, industry insiders said.

In the next five years, the fragrance market in China is expected to grow at a compound annual growth rate of 17 percent, hitting sales revenues of 15.4 billion yuan ($2.4 billion) in 2025, according to market research firm Mintel.

Last year, fragrance sales in the nation grew by 1 percent annually as a result of the COVID-19 pandemic-far lower than the 11 percent annual growth recorded in 2019, according to Mintel.

International retailers such as LVMH, Chanel, Coty, L'Oreal, and Estee Lauder continue to dominate the China market, together accounting for a 59.9 percent share of fragrances sold this year, said Mintel. LVMH has the largest market share among international companies.

China has some 20 million consumers who have the habit of using perfume regularly, according to a report by market consultancy iResearch.

Despite difficulties posed by the pandemic, major retailers have maintained good momentum from new fragrance launches last year. They also have sought new business opportunities through e-commerce. L'Oreal and Estee Lauder have been notable for their strong growth online.

Of 3,000 surveyed consumers nationwide, 36 percent said Chanel was their favorite perfume brand and 21 percent picked Dior, Mintel said. No other brand was mentioned by more than 5 percent of respondents.

"The fragrance category is projected to quickly recover and even accelerate in the post-pandemic era. Chinese consumers pay lots of attention to discretionary categories such as fragrances, which are positioned to offer more emotional benefits and help express their individuality," said Alice Li, beauty and personal care associate director of Mintel.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久中文精品 | 亚洲欧美一区二区三区久本道 | 日韩久草 | 久久久综合视频 | 精品国产不卡一区二区三区 | 8090色 | 久草福利 | 蜜桃视频在线观看www社区 | 国产亚洲99影院 | 毛片无码免费无码播放 | 久久艹免费视频 | 国产精品自线在线播放 | 五月婷综合 | 欧美精品综合一区二区三区 | 欧美日韩国产手机在线观看视频 | 国产精品资源网站在线观看 | 天天爽天天碰狠狠添 | 欧美在线资源 | 精品久久久久久一区二区 | 114美女做爰视频在线 | 五月婷婷激情六月 | 59pao成国产成视频永久免费 | 99re在线观看 | av免费在线观看av | 亚洲欧美一区二区三区情侣bbw | 日韩久草 | 色播在线播放 | 国产无圣光高清一区二区 | 最新中文在线视频 | 久久精品国产免费中文 | 毛片特级 | 青娱乐欧美 | 特级黄一级播放 | 亚洲国产一区二区三区四区色欲 | 美女在线视频一区二区 | 欧美 日产 国产精品 | 日本午夜精品一区二区三区电影 | 亚洲精品专区 | 精品视频在线免费看 | 91精品国产91久久久久久 | 亚洲国产一区二区视频 |