Out Of This World Beauty

The beauty market’s 10 percent growth in 2023 exceeded trade forecasts across almost all regions . Today, inflation is cooling in major markets such because the United States, giving beauty players a chance to reset and focus on pursuing sustainable development methods over the following a number of years. Where and how can we count on the worldwide beauty market to grow? Based on our analysis House & Home Improvement News, skilled interviews, and proprietary consumer research, we define the beauty sector’s performance in 2023, our forecasts via 2028, and what these forecasts mean for beauty executives. The world beauty business continued to grow in 2023, but the dynamics driving sector growth are shifting. A new analysis reveals some rising bright spots and how players can compete.

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