Report ID: SQSG30L2041
Report ID:
SQSG30L2041 |
Region:
Global |
Published Date: October, 2024
Pages:
260
|
Tables:
152 |
Figures:
78
Based on the region, the Asia Pacific region currently dominates the global professional skincare market. In 2021, Asia Pacific had the highest revenue share of more than 35%. This is due to the region's rising standard of living, expanding working-class population, and rising purchasing power of the people. The growth of the chemical sector in China and India, both of which have government support, is anticipated to assure ongoing access to raw materials for producers of skincare products and, as a result, to positively impact the Asia Pacific market throughout the projection period. In terms of consumption as well as production, China is one of the key nations assisting the expansion of the global market for cosmetics and skin care goods. Additionally, a number of government initiatives are boosting the nation's demand for skin care goods. Additionally, increased access to a wide variety of brands and rising awareness of skin nutrition products are likely to drive the skincare market growth in Asia Pacific.
Europe is another region that has significant market share in the global professional skincare market. On the international professional skincare market, Europe is expected to maintain a sizable market share. Both men and women in Europe are more focused on enhancing their overall skin condition because they care more about how they seem. Additionally, the stronger presence of important competitors operating in the professional skincare market and the larger purchasing power of the local population in the area are both contributing to the industry's growth.
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Report ID: SQSG30L2041