Care Products market in Greater China

The Chinese Care Products eCommerce market is predicted to reach US$217,187.2 million by 2024 and accounts for 11.2% of the total eCommerce market in Greater China. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.4%, resulting in a projected market volume of US$278,110.3 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Chinese Care Products retail market, the online share is 36.5% and will increase by an average of 3.1% to 41.3% by 2028.

With sales in the Chinese Care Products market, jd.com generated a revenue of US$12,678.0 million in 2023, which means it is the leading online store in this market. The Care Products ranking of Greater China is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

With 78.1% Ali Pay the most commonly offered payment method of all online stores in the Chinese Care Products eCommerce market in 2023. Like Ali Pay WeChat with a share of 68.8% and Union Pay with a share of 40.6% the payment type E-wallets is the most common used by online retailers in in the Chinese Care Products eCommerce market in 2023. Other commonly used payment methods in that market are VISA (Cards) with 28.1% and Mastercard (Cards) with 28.1% of stores offering that payment method to the clients.