Market Updates
The latest headlines that matter to your business.

China Niche Fragrance Boom
Chinese consumers’ demand for niche beauty, particularly fragrances, has increased over the past year.

New Brand Launch Success
Per Tmall data, more than 1,000 brands generated over RMB100 million last year just from the sale of new products. Read on for more insights on product launches in China!

Tmall Global Continues Strong Growth
In 2020, Tmall Global listed more than 2,200 new brands and over 200,000 new SKUs. The platform’s annual active consumer numbers rose 20%, and paid GMV grew 40% year-on-year.

China CBD Boom
AgencyChina is confident CBD skincare will be a big deal in China. Chinese skincare-obsessed consumers value CBD skincare’s soothing, anti-inflammatory effects.

‘Homebody Economy’ Still Has Momentum
Restaurant dining hasn’t fully recovered, with consumers eating out less and spending less time in restaurants per sitting. Against that backdrop, we see many opportunities for F&B players to augment the home cooking experience.

Meal Replacements in China
Sales momentum for low-calorie meal-replacement products continues as: (1) sedentary lifestyles become prevalent; (2) unrealistic beauty standards persist; and (3) consumers search for higher quality meal replacements.

LEGO Wins China Intellectual Property Case
LEGO, famous for its toy bricks, wins another major intellectual property lawsuit against LEPIN in China. China will continue strengthening its intellectual property regime and enforcement measures.

China’s CBD Market Gets Attention
China is the world’s largest producer of cannabis, but previously didn’t have a specific regulatory architecture for end-consumer products with CBD. That’s now changing, paving the way for CBD-infused products to be manufactured and sold locally.

China Niche Fragrance Boom
Chinese consumers’ demand for niche beauty, particularly fragrances, has increased over the past year.

New Brand Launch Success
Per Tmall data, more than 1,000 brands generated over RMB100 million last year just from the sale of new products. Read on for more insights on product launches in China!

Tmall Global Continues Strong Growth
In 2020, Tmall Global listed more than 2,200 new brands and over 200,000 new SKUs. The platform’s annual active consumer numbers rose 20%, and paid GMV grew 40% year-on-year.

China CBD Boom
AgencyChina is confident CBD skincare will be a big deal in China. Chinese skincare-obsessed consumers value CBD skincare’s soothing, anti-inflammatory effects.

‘Homebody Economy’ Still Has Momentum
Restaurant dining hasn’t fully recovered, with consumers eating out less and spending less time in restaurants per sitting. Against that backdrop, we see many opportunities for F&B players to augment the home cooking experience.

Meal Replacements in China
Sales momentum for low-calorie meal-replacement products continues as: (1) sedentary lifestyles become prevalent; (2) unrealistic beauty standards persist; and (3) consumers search for higher quality meal replacements.

LEGO Wins China Intellectual Property Case
LEGO, famous for its toy bricks, wins another major intellectual property lawsuit against LEPIN in China. China will continue strengthening its intellectual property regime and enforcement measures.

China’s CBD Market Gets Attention
China is the world’s largest producer of cannabis, but previously didn’t have a specific regulatory architecture for end-consumer products with CBD. That’s now changing, paving the way for CBD-infused products to be manufactured and sold locally.
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