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TheChina medical aesthetic market maintains a growth rate higher than the steadily growing mature global market
Limited impact of COVID 19 pandemic: The market for China medical aesthetic increased from RMB63.7 billion to MB154.9 billion between 2015 2020, and is projected to exceed RMB350 billion by 2025
Outpacing the global market: Although the growth rate this year will be limited due to the impact of pandemic, we believe that the demand of Chinese consumers is still sufficient and will be gradually released as the pandemic eases, and is expected to maintain a growth rate of more than 10% in the future
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*Note: Market size and growth rate shown in the charts above are forecasted based on data as of fourth quarter 2021