14 - 15 June 2023 in Munich CosmeticBusiness



27/01/2023 CosmeticBusiness

The Skin Care Market is Growing

The Asia-Pacific Region is the Main Growth Driver

The global cosmetic skin care market is projected to grow at a CAGR of 8.72 per cent through 2027. According to a recent study by Technavio, this means an increase of a total of 79.37 billion US dollars between 2022 and 2027. According to the consultants, the facial skin care segment will play an important role in market development. They attribute this to the ageing of the population and improvements in technology. With a share of 51 per cent, the Asia-Pacific region will contribute the most important part to the global market growth, according to the study. The analysts see the high demand for skin-lightening products from Asian women as one reason for this. Further information …

Adobe Stock, Dan Dalton/KOTO
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