China Luxury Cosmetics Market Size & Outlook, 2025-2033

China Luxury Cosmetics Market Insights

As highlighted in Deep Market Insights analysis, the China Luxury Cosmetics Market, worth USD 3911.94 Million in 2024, is forecasted to achieve USD 6343.16 Million by 2033.
The China market is anticipated to grow at a CAGR of 5.52% during the period 2025–2033.
By 2024, Skincare represented the largest share of the Product market size.
Skincare is expected to remain the key growth driver within Product, registering the fastest CAGR during the forecast period.

In 2024, China represented 6.86% of the overall global Luxury Cosmetics Market size.
United States is projected to lead the global Luxury Cosmetics Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
Taiwan is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 811.13 Million by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 3911.94 Million
Market Size In 2033	USD 6343.16 Million
Largest segment	Skincare
Units	Revenue in USD Million
CAGR	5.52% (2025-2033)
Segmnetation Covered
Product	Skincare Color cosmetics Fragrance
Price tier	Ultra-luxury Premium
Channel	Luxury retail Duty-free Online
Customer	Affluent consumers Gift buyers
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Skincare	XX.x	XX.x	XX.x	1767.81	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Color cosmetics	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Fragrance	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price tier	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Ultra-luxury	XX.x	XX.x	XX.x	2187.17	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Premium	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Luxury retail	XX.x	XX.x	XX.x	2113.23	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Duty-free	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Customer	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Affluent consumers	XX.x	XX.x	XX.x	2458.26	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Gift buyers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x