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Stock impact report

Global Premium Skincare Products Market Set to Reach $78.7 Billion by 2030 Amid Rising Consumer Interest in Luxury Beauty [Yahoo! Finance]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
Company Research Source: Yahoo! Finance
New York, NY – The premium skincare sector is witnessing a significant surge in growth with its market value anticipated to hit a staggering US$78.7 Billion by the year 2030. Ascertaining a compounded annual growth rate (CAGR) of 5% from 2022, the global demand for high-end skincare solutions showcases consumer inclination towards luxury and quality in personal care. Unprecedented Market Dynamics in the U.S. and China Lead Expansive Growth Journey – The U.S. market, currently valued at US$14.5 Billion, exhibits robust growth while the ascendant Chinese market is predicted to reach new heights with an impressive 8.4% CAGR, earmarking it as a major player in the global arena. The market in China is set to touch US$17 Billion by 2030, reflecting the country's burgeoning luxury consumer base and heightened product innovation. With a keen focus on other prominent regions, the Japanese and Canadian markets are also expected to experience steady growth rates of 2.6% and 4.1% respectivel Show less Read more
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