Core Insights - The cosmetics industry is experiencing high-quality development supported by national policies and regulations, positively impacting the long-term growth of quality enterprises within the sector [2][3] Policy Support - Recent policies include the "Guidelines for Acute Inhalation Toxicity Testing of Cosmetic Ingredients" issued in February 2024, aimed at standardizing safety evaluations [3] - The "Light Industry Stabilization and Growth Work Plan (2023-2024)" from July 2023 emphasizes innovation in plant-based raw materials and supports the development of small and medium-sized enterprises in the cosmetics sector [3] - The "Cosmetics Production Quality Management Norms" introduced in January 2022 focus on establishing a quality management system for the entire production process [3] - The "Cosmetics Production and Operation Supervision Management Measures" from August 2021 aim to enhance the management and safety of cosmetic products [3] - The "Cosmetics Safety Assessment Technical Guidelines" effective from April 2021 require safety assessments for special cosmetics before registration or filing [3] Market Growth - The domestic active ingredient market in cosmetics is rapidly expanding, with the annual compound growth rate for active peptides in cosmetics reaching 40.7%, nearly double the global rate [3][5] - The global market for peptide-containing cosmetics reached $9.108 billion in 2023, with a compound annual growth rate of approximately 22.4% from 2019 to 2023 [5] - China's cosmetics market has grown significantly, capturing 13.4% of the global market share in 2023, with a market size of 503.8 billion yuan, reflecting a year-on-year growth of 3.32% [7] Research Methodology - The research team utilized a combination of desktop research, quantitative surveys, and qualitative analysis to assess the active peptide cosmetics industry, employing various analytical models such as SCP, SWOT, PEST, and regression analysis [9]