行业概览 2025/04 www.leadleo.com 2025年中国GLP-1RA行业概览：新一 代全球药王预定？GLP-1RA让马斯克 躺赢月瘦二十斤！ China GLP-1RA Industry 中国GLP-1RA産業 报告标签：血糖调控、体重管理、GLP-1受体激动剂 主笔人：吕佳睿 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性 文件（在报告中另行标明出处者除外）。 ，任何人不得以任何方式擅自 复制、再造、传播、出版、引用、改编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究 院保留采取法律措施、追究相关人员责任的权利。头豹研究院开展的所有商业活动均使用"头豹研究院 "或"头豹"的商号、商标，头豹研究院无任何前述名称之外的其他分支机构，也未授权或聘用其他任何 第三方代表头豹研究院开展商业活动。 行业概览 | 2025/04 中国GLP-1RA行业 摘要 胰高血糖素样肽-1（GLP-1）是一种主要由肠道 L细胞分泌的肠促胰素类激素，相关药物包括 GLP-1受体激动剂（即GLP-1RA）和DPP-4抑制 剂。GLP-1RA通过激活GLP-1受体，以葡萄 ...

2025年中国护肤品行业 白皮书 皮肤经济学：解码千亿护肤市场的成分革命与功效 争夺战 China Skincare Products Industry 中国スキンケア製品産業 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性文件（在报告中另 行标明出处者除外）。 ，任何人不得以任何方式擅自复制、再造、传播、出版、引用、改 编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究院保留采取法律措施、追究相关人员责任的权利。头豹 研究院开展的所有商业活动均使用"头豹研究院"或"头豹"的商号、商标，头豹研究院无任何前述名称之外的其他分支机构 ，也未授权或聘用其他任何第三方代表头豹研究院开展商业活动。 1 头豹研究院 弗若斯特沙利文 行业白皮书 | 2025/05 中国：护肤品系列 ◼ 研究背景 近年来，国民健康意识的增强、审美观念 的演进以及科学护肤理念的普及，使得中 国护肤品行业进入了高质量发展阶段。Z 世代、新中产、银发族等多元人群的消费 诉求不断细化，推动行业从功能型护肤迈 向精细化、个性化与科技化的全新阶段。 同时，技术创新、原料升级与渠道变革交 织演进，重塑品牌竞 ...

Investment Rating - The report does not explicitly state an investment rating for the infant formula industry Core Insights - The infant formula market in China has undergone significant changes, with a market size of 1,957.92 billion RMB in 2019, which decreased to 1,768.75 billion RMB in 2023 due to declining birth rates [7] - The new national standards for infant formula, effective from February 22, 2023, emphasize safety and quality, requiring companies to submit formula registrations that comply with these standards [4][17] - The market is expected to stabilize, with a projected size of approximately 1,128.85 billion RMB by 2028, reflecting a compound annual growth rate of -8.85% [7] Market Background - Infant formula is designed to meet the specific nutritional needs of infants and young children, mimicking breast milk or adjusting formulas for special medical needs [4][5] - The evolution of the infant formula market in China can be divided into four key stages, from initial development to rapid growth and diversification [6] Market Status - The supply of infant formula is supported by a steady increase in the number of dairy cattle, with the number of cows rising from 91.38 million in 2019 to 105.09 million in 2023 [8] - The demand for infant formula is declining due to a decrease in the birth rate, with 9.02 million newborns in 2023, leading to a reduced consumer base [9][10] Market Competition - The competition in the infant formula market is intensifying, with domestic brands like Feihe and Yili gaining market share against international brands like Mead Johnson and Wyeth [16] - The report identifies ten leading brands in the market, including Wyeth, Nestlé, and Mead Johnson, evaluated based on product approval, financing progress, market penetration, innovation, and compliance [11][12][13][15] Development Trends - The industry is moving towards innovative formulations that enhance the nutritional profile of infant formula, focusing on multi-component synergy rather than single-component additions [32] - Technological advancements in production processes are ensuring the stability and bioactivity of nutrients in infant formula [33] - There is a growing emphasis on clinical evidence and research to validate the effectiveness of infant formula in real-world settings [34] - The industry is also focusing on providing comprehensive nutritional support for infants with special medical needs, reflecting a commitment to social responsibility [35]

Investment Rating - The report does not explicitly state an investment rating for the GLP-1RA industry Core Insights - The GLP-1RA market in China is expected to experience significant growth due to increasing diabetes and obesity rates, with a projected market size of 717 billion yuan by 2029, reflecting a compound annual growth rate (CAGR) of 22.2% from 2024 to 2029 [26][27] - The demand for GLP-1RA drugs is driven by their dual efficacy in blood sugar control and weight management, particularly among the population with obesity and diabetes [4][22] - The industry is characterized by a competitive landscape dominated by multinational corporations, with domestic companies rapidly catching up through innovation and generic drug development [5][68] Summary by Sections Industry Overview - The GLP-1RA class of drugs has shown significant advancements in weight management and is being explored for applications in cardiovascular and renal diseases [2][4] - The Chinese government has initiated policies to promote weight management, which is expected to enhance the market for GLP-1RA drugs [2] Market Size - The GLP-1RA market in China grew from 9.62 billion yuan in 2020 to 10.74 billion yuan in 2023, with a CAGR of 3.7% [26] - The market is projected to reach 71.7 billion yuan by 2029, driven by favorable insurance policies and expanding indications for use [26][27] Industry Chain Analysis - The GLP-1RA industry chain consists of upstream raw material suppliers, midstream manufacturers, and downstream sales channels, with a focus on the production of peptide raw materials [31][34] - The upstream market is characterized by a limited number of suppliers, with Chinese companies expected to gain a competitive edge due to cost advantages as patents expire [38][40] Competitive Landscape - The GLP-1RA market features a three-tier competition structure, with multinational companies leading innovation, domestic firms rapidly following, and biotech companies carving out niche markets [68] - Future competition will focus on innovations in long-acting formulations, oral delivery methods, and multi-target therapies [71] Company Analysis - East China Pharmaceutical has developed a comprehensive product matrix covering the entire lifecycle of GLP-1RA drugs, balancing commercial products with innovative pipelines [80] - The company has successfully launched the first GLP-1RA for weight management in China and is advancing multiple-target GLP-1RA candidates [80]

2025 年工业清洗剂品牌推荐 工业清洗剂"隐形战场"， 本土企业"配方+设备"一体化突围 | 目录 | | --- | | 一、 | 市场背景 | 3 | | --- | --- | --- | | 1.1 | 摘要 | 3 | | 1.2 | 工业清洗剂定义 | 3 | | 1.3 | 市场演变 | 3 | | 二、 | 市场现状 | 4 | | 2.1 | 市场规模 | 4 | | 2.2 | 市场供需 | 4 | | 三、 | 市场竞争 | 5 | | 3.1 | 市场评估维度 | 5 | | 3.2 | 市场竞争格局 | 6 | | 3.2 | 市场竞争格局 | 7 | | 3.3 | 十大品牌推荐 | 7 | | 四、 | 发展趋势 | 9 | 2025 年工业清洗剂品牌推荐 一、 市场背景 1.1 摘要 回顾工业清洗剂在中国的发展历程，可以将其划分为四个主要阶段：萌芽期（2000- 2009）、启动期（2010-2016）、高速发展期（2017-2020）以及技术创新和产品升级期 （2021-2024）。早期的清洗方法主要依赖于汽油、煤油等传统溶剂，但因其易燃易爆 的风险逐渐被淘汰。随后，市场转 ...

头豹市场研究| 2025/04 www.leadleo.com 2025年中国深海科技产业研究报告： 深蓝引擎——万米深海技术突破与海 洋经济新格局 2025 China Deep Sea Technology Industry Research Report 2025年中国深海技術産業調査報告書 （精华版） 报告标签：海洋强国、深蓝引擎、海洋生物资源、深海生态 撰写人：马天奇 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性文件 （在报告中另行标明出处者除外）。 ，任何人不得以任何方式擅自复制、再 造、传播、出版、引用、改编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究院保留采取法 律措施、追究相关人员责任的权利。头豹研究院开展的所有商业活动均使用"头豹研究院"或"头豹"的商号、 商标，头豹研究院无任何前述名称之外的其他分支机构，也未授权或聘用其他任何第三方代表头豹研究院 开展商业活动。 头豹市场研读 | 2025/04 观点摘要 近年来，中国深海科技产业发展迅速，正在成为推动海洋经济高质量发展的重要引擎。随着 国家战略需求和技术创新能力的提升，深海领域已进入 ...

Investment Rating - The report does not explicitly provide an investment rating for the industrial cleaning agents industry Core Insights - The industrial cleaning agents market in China is experiencing significant growth, driven by the rapid development of industries such as machinery manufacturing, electronics, and automotive repair, with a market size reaching 38.603 billion RMB in 2023, a year-on-year increase of 4.25% [9] - The market is expected to grow to 53.059 billion RMB by 2028, with a compound annual growth rate (CAGR) of 6.57% [9] - The industry is evolving towards more refined and high-end products, with increasing demand for customized cleaning agents tailored to specific metal types and applications [7][8] Market Background - Industrial cleaning agents are essential for removing dirt and residues in various sectors, including metal, machinery, electronics, automotive, and more [5][6] - The market has evolved through four main stages: nascent (2000-2009), initiation (2010-2016), rapid growth (2017-2020), and technological innovation and product upgrade (2021-2024) [7] Market Status - The market size reached 38.603 billion RMB in 2023, with a projected increase to 53.059 billion RMB by 2028, driven by the rise of precision manufacturing and the semiconductor industry [9] - The supply side includes approximately 4,000 manufacturers and distributors, with foreign investment totaling around 3 billion RMB [10] - The average revenue growth rate in the industrial cleaning agents sector over the past three years was 19.52%, with a net profit growth rate of 10.45% [12] Market Competition - The competition in the industrial cleaning agents market is characterized by rapid technological development, high capital concentration, and intense market rivalry [19][20] - The market is currently in a growth phase with a low concentration level, where small and medium-sized enterprises account for 60%-70% of the industry [21] - Key players include companies like Shenzhen Weiteou New Materials Co., Ltd., Jiangsu Baichuan High-tech New Materials Co., Ltd., and Zhejiang Xinhua Chemical Co., Ltd., which have established strong market positions through technological innovation and brand influence [22][25][26] Development Trends - The industry is moving towards higher environmental standards, with a focus on low VOC emissions and sustainable practices [34] - Technological innovation remains a critical driver, with companies like Shenzhen Weiteou and Zhejiang Xinhua leading in research and development [34] - Customization of services is becoming increasingly important, with firms offering tailored cleaning solutions to meet specific industrial needs [34][35]

Investment Rating - The report indicates a positive investment outlook for the deep sea technology industry in China, highlighting its potential as a key driver for high-quality marine economic development [2]. Core Insights - The deep sea technology industry in China is rapidly developing and is becoming a significant engine for the marine economy, with a projected marine production value of 10.54 trillion yuan in 2024, indicating substantial growth potential [2]. - The report emphasizes the importance of technological innovation in the deep sea sector, which has been recognized in government work reports, marking a transition to a high-quality development phase centered on technology [2]. - The report provides a forward-looking analysis of investment opportunities and industrial layout under the new "Blue Economy" paradigm, focusing on key areas such as deep sea equipment manufacturing, resource development, and scientific research [2]. Summary by Sections Background of Deep Sea Industry Development - China's deep sea resources are primarily located in the South China Sea and East China Sea, with significant mineral, biological, and energy resources [3]. - The strategic upgrade of deep sea technology in China has evolved from comprehensive exploration to independent innovation and industrial system development from 2013 to 2025 [3]. Civilian Sector Development Prospects - The deep sea industry in China encompasses four major equipment systems and six supporting technologies, with an expected industry scale growth from nearly 2 trillion yuan in 2024 to 3 trillion yuan by 2030, reflecting an annual growth rate of 10.6% [4]. Military Sector Competitive Landscape - The report discusses the global context of deep sea military competition, highlighting advancements in unmanned underwater vehicles (UUVs) and the U.S. Navy's strategic initiatives in deep sea warfare [5]. Deep Sea Resource Overview - The deep sea is rich in metal minerals, biological resources, and energy resources, with significant reserves of oil, gas, and various metals [22][23]. - The report details the types of deep sea resources, including polymetallic nodules, cobalt-rich crusts, and methane hydrates, emphasizing their potential for commercial development [22][23]. Technological Advancements - China's deep sea exploration technologies have made significant progress, particularly in manned submersibles and underwater observation networks, although there remain gaps in high-precision sensors compared to international standards [26][27]. - The report outlines the comprehensive technology layout from observation and detection to underwater operations, highlighting the need for further innovation in core technologies [29][31]. Economic Forecast - The deep sea economy in China is projected to reach nearly 3 trillion yuan by 2030, with significant contributions from marine oil and gas, marine mining, and marine engineering equipment sectors [44][45].

Investment Rating - The report indicates a strong growth potential for the hyaluronic acid underwear industry, with a projected market size increase from 1 billion to 10.4 billion yuan from 2022 to 2024, reflecting a compound annual growth rate (CAGR) of over 300% [29][32]. Core Insights - The rapid development of the hyaluronic acid underwear market is driven by technological advancements and innovation, particularly in integrating hyaluronic acid into textiles for enhanced moisturizing properties [2][4]. - Consumer awareness and demand for functional and aesthetically pleasing clothing are significant growth drivers, with a notable shift towards products that offer both warmth and skin benefits [3][40]. - The market faces challenges such as product homogenization, leading to intensified brand competition and a focus on product differentiation and technological innovation as core strategies for future growth [3][34]. Summary by Sections Industry Overview - Hyaluronic acid is recognized for its natural safety and biodegradability, making it a key ingredient in the development of moisturizing functional textiles [15][22]. - The market for hyaluronic acid underwear is characterized by a transition from basic thermal properties to dual benefits of warmth and skin care [4][22]. Market Size - The market size for hyaluronic acid underwear is expected to grow from 14.5 billion yuan in 2025 to 25.3 billion yuan by 2029, maintaining a stable upward trend despite a slowdown in growth rate [29][32]. Driving Factors - The growth of the hyaluronic acid underwear industry is supported by favorable policies that promote innovation and market expansion, aligning with trends towards health and sustainability [26][27]. Competitive Landscape - The online retail market for hyaluronic acid underwear shows significant concentration, with leading brands like Qiaolaiti dominating in market share and consumer recognition [35][34]. - The competitive environment is marked by a reliance on digital platforms for sales, particularly Douyin, which accounts for over 80% of sales in this segment [35][34]. Consumer Demand - There is a growing consumer preference for functional, stylish, and versatile clothing, with significant interest in the moisturizing benefits of hyaluronic acid products [40][42]. - The search index for keywords related to hyaluronic acid underwear on platforms like Douyin has shown substantial growth, indicating strong market potential and consumer interest [42][32].

Investment Rating - The report does not explicitly provide an investment rating for the portable fan industry Core Insights - The portable fan industry is characterized by "low technology, high iteration, and strong scenarios," with future competition focusing on product innovation and user experience enhancement, while environmental and smart technologies may become differentiation breakthroughs [5] - The market for portable fans shows significant seasonality, with summer being the peak sales season; the consumer demographic is becoming younger, with students, office workers, and outdoor enthusiasts as core users [5] - By 2025, upgrades in portable fans will focus on enhanced battery life, optimized airflow, smart interactions, and multifunctional integration, with a greater emphasis on environmental sustainability and personalized needs [5] Summary by Sections Section 1: Market Segmentation and Characteristics - Portable fans are small handheld or desktop devices powered by batteries or USB, designed for personal cooling in various settings, with types including handheld, desktop, neck-hanging, and foldable fans [2] - Handheld fans are compact, typically measuring 15-25 cm and weighing 100-300 grams, with a battery life of 2-8 hours [2] - Desktop fans are more stable, ranging from 20-35 cm in height and weighing 300-800 grams, often featuring multiple speed settings and longer battery life [2] - Neck-hanging fans are designed for safety and convenience, weighing 150-300 grams with a battery life of 3-6 hours [2] - Foldable fans are portable and easy to store, with varying shapes and sizes [2] Section 2: Export Market Overview - The global demand for portable fans is growing, providing significant opportunities for Chinese brands in the export market [6] - In 2024, China's fan export volume is projected to reach 61,396 million units, with a year-on-year growth of 42.8%, and portable fan exports are expected to increase significantly [6] - The portable fan market is driven by consumer demand for convenience and practicality, with a notable increase in the export volume of portable fans [6] Section 3: Sales Channels - Online sales channels include major cross-border e-commerce platforms such as Amazon, Shopee, and eBay, which are crucial for reaching international markets [10] - Some brands have established independent websites to enhance direct consumer engagement and brand experience [10] - Partnerships with large retail chains like Target and Walmart, as well as presence in global supermarkets and airport duty-free shops, are important for offline sales [10] Section 4: Competitive Landscape - Emerging tech brands like Jisu Technology and ColdSky are leading the market with strong innovation capabilities and stylish designs [11] - Traditional appliance brands such as Haier and Gree leverage their established reputation and extensive sales networks to compete effectively [13] - Cross-border e-commerce brands focus on high cost-performance ratios and quick adaptation to market demands, utilizing their operational experience on e-commerce platforms [14]