Global Key Cosmetic Market Amount 2021e

In 2020, the global cosmetics market shrank by 8 percent compared to the previous sales year. According to China bureau of statistics， cosmetics market garnered US$56,159 m in 2020 with annual growth 9.5%.

China was the second industry since 2013 after more than twenty-year development ，keeping mounting. As of 2018, Asia Pacific was the industry leader, accounting for approximately 40 percent of the global market-year.

China is still kept at No.2 market， growth above other markets at 8.75% CAGR. Global cosmetic industry is projected to reach $463.5 billion by 2027, manifesting a CAGR of 5.3% from 2021 to 2027.

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