久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

P&G expanding male grooming product category in nation

By WANG KEJU | China Daily | Updated: 2024-11-08 10:26
Share
Share - WeChat
P&G's booth during this year's China International Import Expo in Shanghai on Thursday.[ZOU HONG/CHINA DAILY]

The China International Import Expo has provided foreign companies with a unique window into the psyche of Chinese consumers, which they can then leverage to drive product innovation and expand their presence in this super-sized market, said a senior executive.

This is particularly the case for the male grooming market in China, as consumers are increasingly willing to invest in high-quality, personalized and diverse products due to changing social attitudes and enhanced self-image awareness, said Victor Leal Negre, senior vice-president of Procter & Gamble's grooming business in Greater China.

"This year marks P&G's sixth consecutive year participating in the expo, and it is also the sixth year for our male grooming category. Over these six years, we have witnessed the event unleashing the benefits of openness and promoting mutually beneficial cooperation," Negre said during an exclusive interview with China Daily.

P&G has leveraged the expo to showcase innovative products and collaborate with global partners, further reinforcing its confidence and determination to be deeply rooted in the Chinese market, said Negre.

This year, the company is showcasing nearly 100 innovative exhibits, he added, stressing that the expo is an important platform for the company to better understand the nuances of Chinese consumers and introduce tailored solutions that resonate with their preferences.

"Each year, we feel the evolving consumption demands of Chinese consumers at the expo, which translates into our product innovations, allowing us to serve consumers more effectively," he said.

In a rapidly innovating market like China, it's not just about the sheer volume of new products to be introduced, but rather the level of personalization, sophistication, and relevance the company hopes to bring to the table, Negre added.

Victor Leal Negre, senior vice-president of Procter & Gamble's grooming business in Greater China.[Photo provided to chinadaily.com.cn]

This focus on quality-driven innovation is especially crucial in the male grooming category, where Chinese consumers are becoming increasingly discerning in their preferences and expectations, to help brands differentiate themselves and gain a competitive edge, said a report by industry information network Chyxx.com in August.

Over the past decade, the proportion of Chinese male consumers who own and use two razors has risen to 40 percent as they recognize that grooming is not just about appearance, but also an important way to enhance confidence and personal value, Negre said.

The market size of the male grooming sector, as shown by data from the Forward Industry Research Institute, is expected to register 20.7 billion yuan ($2.88 billion) by 2026.

Generation Z and millennials have become the main consumer force, and their pursuit of fashion and personalization has driven diversification in male grooming products, he said.

China's male grooming market is being predominantly driven by the burgeoning 18-25 age demographic, who account for 59.5 percent of the total market share, according to Chyxx.com.

This age group places a premium on maintaining a polished, stylish appearance, and they are willing to spend on the products and tools that help them achieve that goal, said Yan Jiangying, chairwoman of the China Association of Fragrance Flavor and Cosmetic Industries.

Factors such as increased exposure to global beauty and fashion trends, as well as a growing comfort with male self-care rituals, have further fueled the rapid expansion of the male grooming market in China, Yan added.

Therefore, P&G is enriching its male grooming product line, from entry-level to high-end products, and from single razors to grooming sets, to meet Chinese men's needs for personalization and specialization, Negre said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 成人三级做爰在线观看男女 | 正在播真实出轨炮对白 | 国产第三区 | 国产啪精品视频网免费 | 国产四区 | 久久99国产精品亚洲 | 成人免费观看国产高清 | 亚洲韩国欧美 | 欧美在线视频不卡 | 国产高清精品自在线看 | 99re7在线精品免费视频 | 在线观看免费av网站 | 美女wc | 免费观看国产网址你懂的 | 视频一区色眯眯视频在线 | 日本高清色本免费现在观看 | 亚洲永久中文字幕在线 | 久久99国产精品免费观看 | 成人一级毛片 | 一本到不卡| 久久国产一区二区三区 | 18年大片免费在线 | 成人性视频在线三级 | 久青草免费在线视频 | 国产亚洲欧洲一区二区三区 | 国产精品99精品久久免费 | 91最新地址永久入口 | 国产成人精品免费久久久久 | 国产情侣普通话刺激对白 | 久久色国产| 草草久| 三级c欧美做人爱视频 | 成人精品一区二区久久久 | a一级网站 | 免费一级成人毛片 | 又黄又刺激下面流水的视频 | 真实国产精品视频国产网 | 日韩在线视频线视频免费网站 | 三级黄色在线播放 | 免费看美女午夜大片 | 日本三级特黄 |