Product ID: SQMIG30L2192
Report ID:
SQMIG30L2192 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
117 |
Figures:
77
The Asia Pacific is the highest contributor to in global skincare market in 2021. The expansion of the chemical industry in India and China, both of which have regulatory support, is expected to ensure continuous raw material access to skincare product manufacturers and, as a result, to be a positive factor for the Asia Pacific Skincare market over the forecast period. China is a major contributor to the growth of the global cosmetics and skin care products market, both in terms of consumption and production. Various government policies are also boosting the country's demand for skin care products.
Consumers in North American countries such as the United States and Canada are willing to pay a premium for a more youthful appearance as well as brighter, glowing skin. Rising consumer demand for specific skincare solutions, as well as increased awareness of specific ingredients, are expected to drive demand for personalized beauty products. The presence of well-known product manufacturers in North America, such as Procter & Gamble and Unilever, as well as expanding retail infrastructure, is expected to support the growth of skincare market.
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REQUEST FREE CUSTOMIZATIONSkincare Market size was valued at USD 130.5 billion in 2019 and is poised to grow from USD 136.5 billion in 2023 to USD 204.61 billion by 2031, growing at a CAGR of 4.6% in the forecast period (2024-2031).
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Product ID: SQMIG30L2192