Key Market Indicators
China's make-up exports are projected to reach $3.3 billion by 2026, up from $2.7 billion in 2021. This equates to an average growth rate of 3.3% year on year since 1997. China's exports placed it at number seven in 2021, with Germany taking the top spot with $2.7 billion. The United States, Singapore, and South Korea came in second, third, and fourth, respectively. Chinese make-up imports are expected to hit $13.8 billion by 2026, up from $10.7 billion in 2021. This equates to an average growth rate of 4.1% year on year since 1997. In 2021, the United States, Singapore, and Germany took the leading spots, coming in second, third, and fourth, respectively.
