How can cosmetic brands benefit from the Chinese market?

This article is published in the November and December Edition of Euro Cosmetics.

The Chinese consumer market has been experiencing huge changes in the last few years. For China, the time as pure exporting nation ended a few years ago. China was the second biggest import nation after the USA in 2016 as well as in 2015. Private consumption contributed around 41% to the total GDP growth between 2010 and 2015. China is becoming a real consume oriented society with a large variety of consumer groups and interests…

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Photo: Mei Gräfe