Jumei IPO Records China's Quick-progress Beauty Market

Chinas fast-growing midsection class as well as its growing concern for personal appearance and cleanliness has led to the rapid expansion of attractiveness and personal care sales.
Chinas beauty-products industry grew gradually over the past several years as overall retail sales increased from $22. five billion in 2010 to $36. 5 million in 2013, says market analysis and research company Frost amplifier; Sullivan. Beauty-product sales inside 2018 are noticed reaching $71. 3 billion.