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Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

In 2023, the Chinese beauty market is projected to reach a staggering $60.7 billion , with a compound annual growth rate (CAGR) of 5.03% between 2023 and 2028. Focus on entering market segments they may have overlooked or not yet ventured into. The beauty industry also is bouncing back at a fast pace.

Retail 52
article thumbnail

Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

In 2023, the Chinese beauty market is projected to reach a staggering $60.7 billion , with a compound annual growth rate (CAGR) of 5.03% between 2023 and 2028. Focus on entering market segments they may have overlooked or not yet ventured into. The beauty industry also is bouncing back at a fast pace.

Retail 52