Skin Care Products Market to be Worth $199.42 Billion by 2030

Meticulous Research®, a leading firm specializing in market analysis, recently published an extensive report titled 'Skin Care Products Market by Type (Facial, Lip, Body), Product (Cream, Lotion, Powder, Moisturizer, Toner), User Group (Male, Female, Unisex), Price Category (Mass, Premium), Distribution Channel (Supermarket, Retail, Online) – Global Forecast to 2030.'
According to their latest findings, the skin care products market is projected to achieve a value of $199.42 billion by 2030, with a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. Key drivers of this growth include increasing consumer demand for anti-aging solutions, the popularity of organic skincare products, a rise in personal grooming practices, heightened consumer awareness about beauty and personal care, and greater spending on personal well-being.