Cosmetics Market Share, Demand, Top Players, Industry Size, Future Growth By 2028
According to Fortune Business Insights, the global cosmetics industry was valued at USD 287.94 billion in 2021 and is projected to grow USD 415.29 billion in 2028, exhibiting a CAGR of 5% during the 2023-2028 period.
Information Source:
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In recent times, the demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance. The industry offers a wide variety of products, such as hair care, face care, lip care, and others. Additionally, the increasing demand for anti-aging creams and serums and the development of advanced tools and innovative packaging is attracting consumers.