Core Insights - The article discusses the functional skincare product industry in China, highlighting key players, market dynamics, and recent developments in the sector [1][10]. Industry Overview - The functional skincare industry is segmented into upstream (raw materials and packaging), midstream (manufacturing), and downstream (distribution) [1][3]. - Key raw materials include recombinant collagen, hyaluronic acid, and peptides, while packaging materials consist of paper, plastic, and glass [1][3]. Key Players - Major companies in the functional skincare sector include Betaini, Huaxi Biological, Shanghai Jahwa, and international brands like L'Oréal and Estée Lauder [3][10]. - Upstream suppliers include Kesheng Co., Qingsong Co., and Linsen Biological, while contract manufacturers include Norsbel, Cosme, and Yingteli [3]. Regional Distribution - The majority of functional skincare companies are located in China's eastern coastal regions, with Shanghai and Guangdong having the most comprehensive distribution of industry players [5][7]. Recent Developments - Betaini is focusing on its Winona brand for sensitive skin, investing nearly 500 million yuan in a new central factory with an expected annual output value of 5 billion yuan [10][11]. - Huaxi Biological plans to invest over 100 million yuan in strategic innovation and expand production capacity in multiple cities [10][11]. - Shanghai Jahwa is establishing an innovation center for synthetic biology to develop new functional ingredients [10][11]. - Other companies like Chuang'er Biological and Fulejia are also expanding their production capabilities and investing in new technologies [10][11].