The organic skincare market in China has seen significant growth in recent years. As Chinese consumers become more health-conscious and environmentally aware, the demand for organic skincare products has increased.
According to market research firm Euromonitor International, the sales of organic skincare products in China reached RMB 8.8 billion (about 1.3 billion USD) in 2018, and is expected to grow to RMB 15 billion (about 2.3 billion USD) by 2023.
The organic skincare market in China is currently dominated by foreign brands, which have a higher market share and brand recognition compared to domestic brands. However, as Chinese consumers become more educated and aware of organic skincare products, domestic brands are also expected to gain a larger market share in the future.
The organic skincare market in China is primarily concentrated in first-tier cities and large malls, but online sales through e-commerce platforms and social media are also gradually increasing.
In summary, the organic skincare market in China has great potential and growth opportunities, but as it is a relatively new market, further efforts to educate and raise awareness among consumers are needed.