The skincare products sector on the Chinese mainland has been growing at a fast pace in tandem with the rapid development of the Chinese economy in recent years. Along with the other top-selling consumer items, made in China wholesale cosmetic products are also enjoying global popularity especially in the US and the European countries.
As one of the largest cosmetics markets in the world, new domestic brands keep emerging and piles of international brands contend to swarm into the China’s wholesale market. Global cosmetics market is expected to garner $429.8 billion by 2022, registering a CAGR of 4.3% during the forecast period 2016-2022. Consumers have now become more conscious regarding the usage of cosmetics in their daily life in an effort to step up their style quotient and overall personality.
Cosmetics Products you can Source from China–
- Skin & Sun Care Products
- Hair Care Products
- Makeup & Color Cosmetics
- Faux Hair Extensions
- Anti-aging products
- Sports cosmetics
At present, customers across the globe prefer the cosmetic products that resolve multiple beauty related concerns in brief period of time, Customers opt for natural and instant ways to heal their beauty concerns. So it is quite safe to say that sourcing cosmetic products from China could prove to be a huge business possibility for anyone. Some of the big cosmetic brands in the word such as Oriflame, L’Oreal, Mary Kay, Lakme, Nivea, Maybelline3, Urban decay and more have their manufacturing plants in China. Along with the foreign brands, Chinese cosmetic brands like Wei, Lu Ming Tang Longjing, Pechoin, Yunifang, Chando Fragrance, Dabao, Wetcode, One Leaf etc are also getting hugely popular all over the globe and these Chinese brands are not considered as inferior anymore.
However, importing beauty care products with the help of China sourcing agents is easy but you need to know that many of these products are strictly regulated in practically all developed markets, such as the US and Europe. Review this list of color additives approved for use in cosmetics in the United States and also the basic requirements on color additives and cosmetics and how they are categorized. Importers should select their beauty products as goods only after considering various commercial factors as well as regulations contained in the EXIM Policy. US-based China sourcing agents could play an important part in guiding you properly.
Import of restricted cosmetic products is permitted only through licensing. You should also know that the sales potentials differ between beauty products, some have stagnated a bit and some will see great increases in the coming years.