The market is dominated by domestic suppliers, as imports account for 26.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 56.0% of total demand in 2022. China has the largest market size for household cleaning and personal care products regionally, with demand reaching USD95.7 billion in 2022. Dongguan Xing Yi Put On Make-Up Appliance Co Ltd is the largest company in China, generating 11.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 38.3% of total production value in 2022. The total number of companies decreases in 2022, to 41,887 units. The costs of the industry decrease by 0.2% in 2022, largely driven by declining labour costs. The industry’s profitability increases and stands at 10.8% of production value in 2022, the 14th highest regionally. The industry’s exports share increases in 2022 to 10.5% of total production output. With production value of USD62.3 billion, China accounts for 36.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Household Cleaning and Personal Care Products in China: ISIC 2424. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Household Cleaning and Personal Care Products in China: ISIC 2424 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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