Cosmetic Skin Care Market size to Increase by USD 38.03 Bn | Featuring Top Vendo… – Press Release

NEW YORK, May 13, 2022 /PRNewswire/ — The global cosmetic skin care market is set to grow by USD 38.03 billion between 2020 and 2025, accelerating at a CAGR of 4.82% during the forecast period. The market is segmented by product (face skincare products, body skincare products, and others) and geography (APAC, Europe, North America, and South America).  The report provides detailed insights into how vendors are performing in terms of revenue generation, market position, product launches, and customer base among others.

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Key takeaways from cosmetic skin care market study

  • Cosmetic skin care market size to increase by USD 38.03 billion at 4.82% CAGR between 2020 and 2025
  • 4.21% year-over-year growth expected in 2021
  • 50% market growth to originate in APAC during the forecast period
  • Face skincare products segment for maximum growth in the market in 2021
  • Dominant vendors include Beiersdorf AG, CHANEL Ltd., Groupe Clarins, Johnson & Johnson Services Inc., L’Oreal SA, Revlon Inc., Shiseido Co. Ltd., The Estée Lauder Companies, The Procter & Gamble Co., and Unilever PLC .

Cosmetic skin care Market: Key segment analysis

The face skincare products segment will generate maximum revenue in the market during the forecast period. Face skin care products have gained a lot of popularity, as they protect, hydrate, fight wrinkles, tighten, and replenish face skin to keep the skin radiant and healthy-looking. These benefits are driving the growth of the segment. The increase in the older population and advances in the technology used in manufacturing face skincare products are some of the other factors driving the growth of the segment.

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Cosmetic Skin…