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Beauty & Personal Care: A Great-looking Market!
The Beauty & Personal Care market is thriving and is one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments.
The Beauty & Personal Care market is thriving and is one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments.
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Revenue in the Beauty & Personal Care market is expected to be US$511,401m in 2021 with an expected 4.75% CAGR ( 2021-2025).
The main reason for this strong growth is the generational shift as young consumers enter the market. This change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.*
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