Procter & Gamble is the leading player in China's men's grooming market, holding a 23% value share in 2010. However, it lost over 2 percentage points of share that year as its presence in the growing men's toiletries segment is weak, while competitors saw strong growth. Men's skin care saw the highest growth of 34% in 2010, as new consumers enter the market and existing consumers trade up to premium products. The men's grooming market in China is forecast to see continued expansion, with a projected 13% compound annual growth rate through the forecast period.