Current Situation And Market Prospect Of Pharmaceutical Makeup Industry In 2018

- Jan 17, 2019-

Pharmaceutical makeup can be understood literally as cosmetic with medicinal properties. Compared with traditional cosmetics, pharmaceutical products not only have the function of cosmetics, but also have the efficacy of drugs. The ingredient formula of the medicine makeup product is simple and healthy, does not contain the pigment and the additive, the pertinence is strong. In some western developed countries, pharmaceutical makeup is even used as a supplement to medical prescriptions.

Foreign pharmaceutical products are quite mature

At present, the international pharmaceutical makeup industry is mainly concentrated in Europe, America and Japan, South Korea. In Europe and America, the market share of pharmaceutical cosmetics accounted for more than 60% of the total cosmetics market. And it's growing every year. The development of pharmaceutical makeup industry in Europe, America, Japan and South Korea is more mature, the most important reason is that it has perfect and effective legislation on cosmetics. Taking the European Union Cosmetics regulations as an example, the definition of pharmaceutical makeup products and the safety assessment technology of their components are unified, which creates a favorable environment for the healthy development of pharmaceutical makeup industry.

In the 1990s, the global pharmaceutical makeup market had only a few hundred million US dollars in annual sales. In 2009, the drug and makeup market sales increased to 80-10 billion US dollars, accounting for about 80.2017 of the global pharmaceutical makeup market volume in the cosmetics market has exceeded 40 billion US dollars. The global pharmaceutical market is expected to reach $43 billion in 2018, with a compound annual growth rate of 7.05 per cent in 2010-2018, well above the global pharmaceutical market growth rate.

From the point of view of brand name, the most famous brand in China is mainly from France and Japan. Weizi, Liskiquan and Yayi French cosmetics brand is mainly characterized by active hot spring water, to ease, repair for the main function. Japan's drug makeup is more emphasis on natural mild ingredients, no addition, zero stimulation.