Cosmetics Market 2023-2028 Competitive Analysis, Share, Demand, Data and Forecast 2023-2028
According to the latest report by IMARC Group, titled “ Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the global cosmetics market size reached US$ 379.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 523.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. Cosmetics are products, such as makeup, skincare and hair care products, and personal and grooming items, that are used to enhance and beautify the appearance. They can be made from a combination of natural and synthetic ingredients carefully selected and blended to provide specific benefits, such as moisturizing, protecting, and rejuvenating the skin. In addition to improving the appearance, they offer protection against ultraviolet (UV) rays and environmental damage and boost confidence and self-esteem. Soaps, deodorants, toothpaste, hair colors, moisturizers, perfumes, lipsticks, shampoos, shaving creams, and nail polishe...