Men spending more on facial care
By Wang Hongyi in Shanghai | China Daily | Updated: 2014-11-26 07:36
A growing awareness of male grooming, a stressful urban lifestyle and environmental concerns are fueling the growth in the male personal care market in China, a new report said.
Currently, only 4 percent of facial care products in China are for men, but they have become a new engine of growth for the whole market, said a report released by the UK-based research firm Mintel Group on Tuesday.
From 2009 to 2014, men's facial care products in China grew at a compound annual rate of 20.1 percent, almost double that of the market for women's products, the report said. It is expected to nearly double to 15.4 billion yuan ($2.5 billion) by 2019, the report said.
Photo