年度策略|美容护理:消费细分格局重塑机遇期,强渠道运营力为核心

方正证券研究
Jan 04

本文来自方正证券研究所于2025年12月29日发布的报告《2026美容护理行业年度策略:消费细分格局重塑机遇期,强渠道运营力为核心》,欲了解具体内容,请阅读报告原文。分析师:周昕S1220524100007谷寒婷S1220524030001报告内容1、美护&大健康板块投资主线:美护&大健康行业的核心驱动力是新渠道增长红利与竞争格局迭代,不同板块成长与竞争状态分化:保健品新渠道红利最为显著,同时行业...

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