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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.

Released By Channeled Resources Group (CRG

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.

  • 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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