cosmetic cases
China' s cosmetic and cosmetic related products exports are on the rise as demand from major and emerging markets continues to grow and makers enhance the quality of their products. Overseas shipments in the line are expected to increase 20 percent to about US$630 million in 2006. At US$150 million, exports in the first four months of the year have already risen 18 percent compared with the previous corresponding period in 2005. China’s main export market for cosmetics and cosmetic cases is North America with overseas revenue reaching US$250 million in 2005. The region accounted for about 48 percent of total exports in the line. The EU is China’s second-largest cosmetics and cosmetic cases export destination, importing more than 12 million kilograms of cosmetics worth US$92 million in 2005. Although low-end products still dominate output and exports, intense competition in this industry is pushing many large suppliers to midrange and high-end production.
|