Globaldata’s Latest Report: China’s per Capita Spending on Makeup Reaches US$2.8, Eye Makeup Is Expected to Grow the Fastest

The report “China Make-Up Market – Assessment and Forecasts to 2026” (China Make-Up Market – Assessment and Forecast to 2026) recently released by the data and analysis company GlobalData pointed out that by 2026, the scale of China’s make-up market will reach 11.7 billion US dollars, the average annual compound growth rate (CAGR) is 7.4%, of which the eye make-up category will achieve the fastest CAGR during 2021-2026, followed by the lip make-up category.
From 2016 to 2021, China’s per capita cosmetics expenditure (PCE) will increase from US$1.2 to US$2 …