The Chinese Men's Cosmetic Market: Guangzhou, Hong Kong and ...
The Chinese Men's Cosmetic Market: Guangzhou, Hong Kong and ...
The Chinese Men's Cosmetic Market: Guangzhou, Hong Kong and ...
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Abstract<br />
This paper focuses on exploring what is sure to be a market with high growth<br />
potential: the men’s cosmetics market in China. <strong>The</strong> market opportunities within the<br />
areas of, <strong>Hong</strong> <strong>Kong</strong>, <strong>Guangzhou</strong>, <strong>and</strong> Macau will be identified <strong>and</strong> discussed throughout<br />
this paper. Research has been conducted on the size, characteristics, dem<strong>and</strong>, consumer<br />
attributes, <strong>and</strong> potential market entry strategies. Primary research was conducted on a<br />
sample of consumers within these markets, the results of which are detailed below.<br />
Additionally, the legal requirements <strong>and</strong> political characteristics of each individual region<br />
have been identified <strong>and</strong> links have been provided to ease the research process. <strong>The</strong> goal<br />
of this paper is to aid American firms in underst<strong>and</strong>ing the male cosmetic market in<br />
China <strong>and</strong> to provide valuable information that will help these firms identify profitable<br />
segments within various regions. To those who grasp this unique culture <strong>and</strong> business<br />
l<strong>and</strong>scape there are great rewards to be gained from involvement in the industry of male<br />
cosmetics.<br />
Men’s <strong>Cosmetic</strong>s Products<br />
<strong>The</strong>re are numerous types of men’s cosmetics products. In fact, there are almost<br />
as many cosmetic products directed towards the male consumer as there are for the<br />
female consumers. Some of the most common products used by the <strong>Chinese</strong> male<br />
consumer include facial cleansers, body <strong>and</strong> hair care, shaving care, moisturizers,<br />
fragrance, lip moisturizer, <strong>and</strong> deodorants. Within the areas of <strong>Hong</strong> <strong>Kong</strong> <strong>and</strong> Macau,<br />
the product offerings have become more extensive <strong>and</strong> sophisticated. Product lines<br />
include “anti-ageing, exfoliating <strong>and</strong> energy-boosting properties… Several cosmetics<br />
firms led by L'Oreal have introduced China-specific products, such as face whitening<br />
creams” (Jones). L’Oreal is also selling its newly developed charcoal mousse for men in<br />
China, something that is expected to become a bestseller (Jones). According to a<br />
spokesman for Procter & Gamble, “Spending by <strong>Chinese</strong> men on all kinds of face<br />
creams, anti-aging gels <strong>and</strong> cleansing lotions already exceeds spending on razors <strong>and</strong><br />
blades by a factor of 4:3 <strong>and</strong> the gap will keep widening” (Balfour). Some of the best<br />
selling men’s products include: “L’Oreal’s Men Expert line, which is the No. 1 br<strong>and</strong><br />
within China <strong>and</strong> has helped L’Oreal gain a 32 percent market share in 2009. Other key<br />
products include the domestic br<strong>and</strong> GF’s creams <strong>and</strong> lotions, followed by premium<br />
skincare products developed by Shiseido, Dior, <strong>and</strong> Clinique.” (Red Luxury) According<br />
to ChinaPolling, “Almost 99% of male consumers regularly use cosmetics, with facial<br />
cleanser, body <strong>and</strong> hair care, <strong>and</strong> shaving cream being the most frequently used products”<br />
(CinaPolling). <strong>Chinese</strong> men are beginning to feel the pressure of fast-paced life style <strong>and</strong><br />
are turning to male cosmetics to boost their appearance <strong>and</strong> give them a competitive edge<br />
within their personal <strong>and</strong> professional lives. Though some men are not quite ready to be<br />
“Du Shi Yu Nan” or City Jade Men, the name given to men who purchase <strong>and</strong> use<br />
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