According to our latest research report “Cosmetics and Toiletries Market in China” the cosmetics and toiletries industry in China has witnessed an exponential growth during the last few years. The country is the third largest market for cosmetics and toiletries, after the U.S and Japan, but still, the potential is far greater in terms of population and average per capita use of cosmetics. The products of this industry were once considered to be luxury items, however now, these products are fast becoming necessities and will witness continuous growth during the next few years. It is expected that the cosmetics and toiletries market in China will grow at a CAGR of around 12% during 2011-2014.