Karen McIntyre, Editor10.08.20
According to the China National Household Paper Industry Association in 2019, the Chinese hygiene products industry entered a period from quantitative accumulation to qualitative transformation and leap, but it also faced overcapacity, product homogeneity and fierce competition. Hygiene product companies actively adjusted their development strategy, accelerated industrial upgrading, made high-end and differentiated innovation of products, and actively developed a new retail mode combining online and offline services, so as to seek new growth points and development paths, actively undertake environmental and social responsibilities and promote sustainable development of the industry.
From the macroeconomic perspective, China’s economy and population maintained steady growth on the whole, but at a slightly slower pace. Healthy economic development, huge population and increased domestic consumption demand are the fundamental driving forces and guarantee of continuous progress in the Chinese hygiene products industry. The accelerated population aging in China also brings development opportunities to the adult incontinent products industry.
However,
From the macroeconomic perspective, China’s economy and population maintained steady growth on the whole, but at a slightly slower pace. Healthy economic development, huge population and increased domestic consumption demand are the fundamental driving forces and guarantee of continuous progress in the Chinese hygiene products industry. The accelerated population aging in China also brings development opportunities to the adult incontinent products industry.
However,
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