Skin Care Products Industry Insights Market is Booming Massively by 2027
Consumer awareness regarding the ill-effects of synthetic chemicals used in popular cosmetic skin care products are driving them to opt for nutricosmetics. Emerging markets in the Asia Pacific region and South America whose income levels are rising are expected to witness high growth rate in the demand for skin care products. This is due to a rise in disposable income. Developing countries such as Chile and Uruguay are witnessing a rise in average spending on nutricosmetics products. Transparency Market Research has come up with a new report titled “ Nutricosmetics Market ”, which forecasts that the market would expand at 8.5% CAGR over the period of forecast from 2019-2027. The global nutricosmetics arket is estimated to be valued at US$ 8,571.5 mn by the end of 2027. Consumer rising preference towards a healthier and better lifestyle coupled with usage of natural products including barks, roots, and green tea in skin care product is e...