Posted 4/15/2024, 11:30:00 AM
Dermocosmetics Market to Reach $98 Billion by 2031, Driven by Demand for Natural Products and Therapeutics for Skin Conditions
- Global dermocosmetics skin care products market to reach $98.33 billion by 2031, growing at a CAGR of 8.1% between 2024-2031
- Rising consumer preference for natural, organic products driving market growth
- Increasing prevalence of skin conditions like acne, eczema fueling demand for therapeutic dermocosmetics
- Multi-functional products with anti-aging, sun protection, etc. gaining popularity
- North America holds dominant market share currently due to high consumer awareness