Global Beauty and Personal Care Products Market – Growth, Trends and Forecast (2021-2026) Including North America and Asia
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The beauty/cosmetic and personal care products market was valued at $434.85B in 2020 and is estimated to fetch $684.9B by 2026, displaying a reasonable CAGR* of 4.35% during the forecast period.
Beauty and cosmetic manufacturers are changing their product advertising and branding strategies to boost and push their sales globally. Outstanding and innovative plans/strategies such as new product launches with natural ingredients, often called ‘Organic product,’ and manufacturing companies have adopted attractive packaging to boost sales of their beauty products. As beauty products have become an integral and important part of individuals’ lives, especially women, they prefer to use beauty products that are easy to use while traveling or attending any official meeting.
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