Wednesday, August 21, 2013

The market for men's cosmetics booming

Moisturizer or anti-aging cream, more and more men in China treat their looks to survive in the job market. It ended up being a very strong young market, strong growth of interest increasingly multinational cosmetics phenomenon.

Creams and foundations

The Chinese man has fewer prejudices against skin care that Western man: moisturizers, anti-aging, foundation or cream whitening creams, all the rage among the Chinese men populatin. Attracted by this very promising market, groups such as L'Oreal and Nivea are in fierce competition to dominate the market for which they are to create specific consumer products. Their budgets for advertising and distribution are also increasingly important. "China is expected to represent about 50% of global growth expected in skin care for men between 2009 and 2014." Indeed, in these five years, the market growth is expected to reach 28.7%, against only 5.7% in North America and 7.9% in Western Europe. With 206 million, are sales of men's skin care in China market recorded a more than 30% growth in 2010. "This is a very dynamic market," says Jackson Zhang, vice president of L'Oreal China, noting that about 10% of Chinese use of care for men.

The typical customer


The typical customer is a man of cities, but not limited to megacities like Shanghai or Beijing, as medium-sized cities. "When income increases, Chinese start by buying a nice watch, then computer equipment, then clothes and finally skin care." Chinese men think skincare give them a competitive advantage for their jobs ... Indeed, the desire for social success has become very competitive, pushing more and more Chinese to take care of their appearance.