China's Booming Cosmetics Market Still Offers 'Plenty of Room' For Entrants

摘要

In the booming China cosmetics market - now seventh-largest in the world - large international players are dominant, but there is still "plenty of room" for new entrants, according to market research firm RNCOS.Valued at roughly $20.2 billion in 2009 and expected to top $31 billion by 2013, the cosmetics sector in China "still has growth potential which is far from saturation level," RNCOS says in a newly released study.