Coty, Estée Lauder, L’Oréal: China at the heart of the strategy

Cosmetics giants have accelerated their investments and development for the Chinese market in 2022, including new outlets and building innovation centres. We consider the main strategies.

Through Bleuenn Fequant. Published on 09 May 2023 à 10h36 - Update on 09 May 2023 à 11h47

With 60% of consumers spending between €28 and €140 per month in 2021 according to Business France, the beauty market in China is very attractive. According to Euromonitor, this will grow by 5% to reach US$98 billion in 2023.…

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