How Galderma caters to skin treatment demand among China’s wealthy younger women
- Global dermatology company says women in their 20s and 30s are driving growth of China’s medical aesthetics market
- Xinhua survey suggests many university students in Beijing believe that looking good is a way to greater career or education opportunities
[Sponsored article]
China’s exponential economic growth is no secret. The country’s trading power and economic rise have contributed to a substantial increase in the average resident’s disposable income.
According to the country’s National Bureau of Statistics, China’s per capita disposable income in the first half of 2019 saw an 8.8 per cent year-on-year increase.
This economic shift has helped to lift many people out of poverty and also created a middle class that is able to enjoy a higher standard of living, and has grown more fashion and image consciousness.
A 2016 Ipsos MORI research study found that Chinese women, in particular, are taking advantage of the country’s economic boom to pursue beauty and skin care goals, leading to a significant increase in the use of dermal filler treatments across the country.
The popularity of dermal filler treatments is no surprise following an industry report published in January 2019, based on an online survey conducted by China’s state-run news agency, Xinhua.