Markets.
Asia's beauty markets, country by country, export machines, rising consumers, and the rules of each game.
China's Instant Retail Market Projected at 1.2 Trillion Yuan for 2026
China's online retail sector is shifting towards instant delivery, with consumers now expecting one-hour fulfillment for various goods, including cosmetics. This market is projected to reach 1.2 trillion yuan (US$178 billion) by year-end 2026, demonstrating a significant change in consumer behavior and platform strategy.
HK Retail Growth Hits 15 Months, Cosmetics Soar 7.3% in July
Hong Kong's retail sector recorded its 15th consecutive month of growth in July, with overall sales increasing 4.5% year-on-year to HK$31 billion. The medicines and cosmetics category saw a 7.3% rise, while online retail sales grew 9.5%.
EU Imposes Anti-Dumping Duties on Chinese Sodium Benzoate for Cosmetics
The European Union has implemented provisional anti-dumping duties on sodium benzoate imports from China, a chemical frequently used as a preservative in cosmetics. The move affects major Chinese exporters, with duties ranging from 57.6% to 116.4%.