The global skincare industry is projected to witness exponential growth, with its valuation anticipated to reach USD 166.87 billion in 2024 and further expanding to an impressive USD 380.49 billion by 2034. This remarkable growth corresponds to a robust CAGR of 8.6% during the forecast period from 2024 to 2034. Key Growth Factors: Rising Consumer …
Tag Archives: Skincare Industry
Skincare Market Illuminates with a Dazzling US$ 230.21 Billion Projection by 2032-FMI Projection
The worldwide skincare market is expected to increase at a Compound Annual Growth Rate (CAGR) of 8.1% from 2022 to 2032, marking the beginning of an extraordinary growth trajectory. This optimistic prediction is supported by the market’s ongoing growth, which is expected to drive it to a projected value of US$ 131 billion by 2022 and further …