Analysis of the Marketing Environment of the Cosmeceutical Industry Based on Porter's Five Forces Model and PEST Model
Take E, a well-known cosmeceutical company in China, as an example
DOI:
https://doi.org/10.62051/ijgem.v4n2.57Keywords:
Cosmeceutical industry, Porter's five forces model, PEST analysis, Enterprise developmentAbstract
In recent years, with the continuous development of the global economy and the steady growth of per capita income, modern people's awareness of skin care has been continuously improved, and people's health awareness and recognition of medical cosmetology have been continuously improved. With the rise of consumption by a new generation of young people, the choice of light medical aesthetics has gradually become a trend. This paper analyzes the marketing environment of the cosmeceutical industry through Porter's Five Forces Model and P EST Model, and better shows the marketing development prospects of the industry, in order to better meet the service needs of consumers and have a more eye-catching development in the new market environment.
Downloads
References
[1] Yin Yuli, Du Lei. Consumption trend of China's beauty market [J]. China Cosmetics, 2021(07):114-117
[2] Wang Min. An empirical study on the perceived value, brand identity and consumers' purchase intention of domestic cosmetics [D]. Shanghai Institute of Technology, 2021.
[3] LI Mu. Research on business risks and countermeasures of pharmaceutical manufacturing industry [D]. Chongqing University of Technology, 2017.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
