Market Size of Asia-Pacific Cosmeceutical Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 0.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Cosmeceutical Market Analysis
Asia-Pacific Cosmeceutical productsMarket is forecasted to reach USD 27billion by 2025 growing at a CAGR of 7.34% during the forecast period (2020- 2025).
- In the region, countries- like China, India, and Vietnampresent considerable growth opportunities for the market players, primarily due to the growing millennial population.
- Furthermore, high awareness regarding cosmeceutical and cosmetics products, such as anti-aging, sun care, and hair care products, is expected to drive the market’s growth in the near future. The demand for multifunctional products is driving innovation, as price-conscious consumers are opting for products that provide both hydration and skin protection.
- Companies are constantly advertising about cosmetics that provide medicinal benefits, especially on social networking sites, such as Facebook, Twitter, YouTube, and Instagram, where beauty bloggers are very popular.
