China's cosmetics industry is enjoying a breakthrough overseas, with exports surging 12% year-on-year in the first half of this year to reach 18.7 billion yuan ($2.6 billion), according to customs data from the Chinese mainland. Young consumers in the US, the UK, Indonesia, the Netherlands and Japan are increasingly embracing affordable, quality skincare from the Chinese mainland.
Euromonitor figures reveal that between 2019 and 2024, brands from the Chinese mainland achieved a staggering 115% compound annual growth rate in Southeast Asia's mass skincare market. Startups like Hebe Beauty Cosmetics—home to the trendy Y.O.U and Dazzle Me labels—and Guangzhou Feimei’s Skintific are outpacing some global giants, setting their sights on challengers like L'Oréal and Unilever.
So how are they doing it? Digitally native strategies are key. By tapping e-commerce platforms such as Shopee and Lazada and going viral on TikTok, these brands reach millions of beauty enthusiasts with curated, data-driven campaigns. It's a blend of cost-effectiveness, localized marketing, and real-time feedback loops that fuels their rapid expansion.
As the beauty world becomes more borderless, cosmetics makers from the Chinese mainland are proving that innovation and digital agility can reshape market dynamics. For business leaders, tech enthusiasts, and beauty aficionados alike, this wave of growth highlights how strategic branding and e-commerce prowess can turn local stars into international powerhouses.
Reference(s):
cgtn.com
