Skin Care Products Market 2023 Supply-Demand, Production Cost and Share Analysis
Skin Care Products Industry The global skin care products market size is expected to reach USD 196.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.7% from 2023 to 2030. The rising concerns regarding skin problems are driving the skin care products industry. The growing demand for concern-specific skin care products such as face creams, body lotions, shaving lotions & creams, and face sunscreens is likely to fuel the overall demand. Rising awareness regarding the various benefits of skin care products has resulted in a rise in their demand over the last few years. Moreover, an inclination toward natural and organic skin care products is observed, making it a major sector in the cosmetics and wellness industry. Organic products are derived from natural resources and are free of harmful chemicals, and hence it has become a thriving sector. The female segment held the largest market share in 2022...