The global skincare market is expected to reach a value of US$ 1,66,870.4 million by 2024, indicating a phenomenal rate of expansion. Forecasts suggest that the sales of skincare products will see a strong compound annual growth rate (CAGR) of 8.6% between 2024 and 2034, culminating in a remarkable valuation of US$ 3,80,492.2 million by that …
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Global Skincare Market Continues Upward Trajectory, Projected to Reach US$ 3,80,492.2 Million by 2034 with a 8.6% CAGR
The global skincare market current boom in popularity. According to industry estimates, the market will be valued at a hefty US$ 3,80,492.2 million by 2034, with a strong Compound Annual Growth Rate (CAGR) of 8.6% from 2024. The skincare industry includes a broad range of goods, including as cleansers, moisturizers, serums, sunscreens, and specialty treatments, …
Skincare Market to Reach US$ 3,80,492.2 Million by 2034 at an 8.6% CAGR
The global skincare market is rising in popularity; by 2034, it is expected to be valued US$ 3,80,492.2 million. It is projected that starting in 2024, this substantial expansion will happen at a strong Compound Annual expansion Rate (CAGR) of 8.6%. The growth in the skincare product industry could be ascribed to the rising demand from consumers …
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