Beauty & Personal Care

 

The beauty and personal care industry is a multifaceted sector that encompasses a wide range of products designed to enhance personal appearance and hygiene. This industry is projected to reach a market size of approximately $716 billion by 2025, reflecting a compound annual growth rate (CAGR) of 5.9% from 2020 to 2025. The growth is driven by increasing consumer awareness regarding personal grooming and the rising demand for high-quality products.