Beauty: Where to Shop for Beauty in China
Beauty is everywhere, from the store, to the internet, to your smartphone.
It’s the most important thing that can make or break a person’s beauty, says Lisa Pomeroy, a dermatologist and founder of Beauty.com, an online marketplace that aggregates the latest beauty products, services, and products.
Pomeroys has been helping people in China and other developing markets navigate the beauty industry, but she said there’s still a lot of ignorance about how beauty is delivered in China.
“It’s very difficult to get your hands on good ingredients, which is really hard in China,” Pomeros says.
The country is home to more than 10 million beauty salons, but that’s down from nearly 20 million salons in 2012, according to the United Nations’ World Health Organization.
“The problem is that the Chinese government has not been transparent about how they are delivering the products, and the product companies are not transparent,” Pomi said.
The government has denied that its authorities have any influence over the industry, saying they have no control over what products are available in China, where nearly one-third of the population lives in poverty.
In 2014, China launched its National Beauty Mission, which aims to promote beauty as a social good and an economic one.
The goal is to boost people’s awareness of the benefits of cosmetics and the role beauty can play in the economy.
But even the government says it has no control.
“I think the Chinese Government is a big proponent of cosmetics,” says Wang Shouyan, the director of the China Academy of Cosmetic Sciences, a nonprofit research organization.
“They do have some influence in the market.”
The Ministry of Health and Family, which oversees cosmetics and skin care, did not respond to requests for comment on how it regulates cosmetic products.
The Chinese government also has little oversight over the cosmetics industry, which relies on subsidies from state-owned enterprises.
In 2018, the Ministry of Education banned all foreign companies that make or sell cosmetics from operating in China for the first time.
The ban was lifted in 2020.
In October, the government announced that cosmetics companies must be licensed by the Chinese Cosmetic Products Council, a government agency that oversees the country’s cosmetics industry.
But in the meantime, cosmetic products are not regulated by the government.
The council also has no official position on the industry or whether it’s a threat to the country.
“We don’t have a position on whether the cosmetics market is healthy or not, and it’s unclear if the cosmetics will be regulated in the future,” Pomelli said.
Beauty products are expensive in China But beauty products aren’t cheap.
The price of a cosmetic can range from a few yuan to hundreds of dollars, depending on the size of the product and the quality of the ingredients.
“You can have a really high-quality product, but it will cost more than what you think it will,” Pomero says.
That’s because the Chinese beauty industry depends on the country receiving foreign investment.
The market is particularly dependent on the U.S. for funding, as U.N. agencies like the World Health Assembly have expressed concern that the cosmetic industry is being driven by multinational corporations.
“There are many multinationals that are trying to get into the Chinese cosmetic market,” Pami says.
“That’s why we are seeing a lot more foreign companies entering the market, because they are able to negotiate with the Chinese cosmetics market.”
In addition to the companies that are entering the Chinese market, some of the largest companies are also expanding overseas.
In 2017, the cosmetics company Lush launched its flagship brand in China as a partnership with a cosmetics brand in Hong Kong.
The company is now a subsidiary of the Chinese conglomerate Guilin Group, which owns the cosmetics brand Lush.
Lush also announced that it was launching its own brand in India.
“India is the world’s third largest market for cosmetic products, with the United States, Canada and Brazil leading the way,” the company said.
“Lush will now have an exclusive global presence in India, where we will introduce new products and expand our business in a significant way.”
Lush is now the world lead brand in Asia, and is planning to expand to Europe.
The cosmetics industry is also growing rapidly.
China accounted for nearly 40 percent of the $2.7 trillion cosmetic industry in 2020, according the World Bank, but only $400 million of that was from domestic cosmetic companies.
China is the largest market by market value for cosmetics, with its share rising from 6.7 percent to 8.2 percent, according data from the World Economic Forum.
According to a 2015 study from the University of Southern California, China’s cosmetic market could reach $1.8 trillion by 2021.
China’s growing cosmetics industry has brought with it some competition.
Some international companies, such as Lush, have also expanded overseas.
The International Organization of Pure and Applied Chemistry (IUPAC) and the