Cosmetics/Skin Care Market Could Exceed US $750 Billion by 2025
Revlon, Inc. New (REV)
Last revlon, inc. new earnings: 11/8 07:30 am
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Source: PR Newswire
PALM BEACH, Florida, April 30, 2020 /PRNewswire/ -- The global cosmetic skincare market and the cosmetic market are projected to continue substantial growth through the next several years. A report from Technavio projected that The global cosmetic skincare market size will grow by $38.03 billion during 2020-2024. The market's growth momentum will accelerate during the forecast period as there will be a steady increase in year-over-year growth. Another report from Statista projected that the global cosmetics market is projected to value at about 758.4 billion U.S. dollars by 2025. The Technavio report said that, in the cosmetic skincare market: "The key players in the market are engaged in partnerships, agreements, M&As, and continuous R&D to provide high-quality products to expand their geographical reach and increase their market shares… Although the presence of premium brands will offer immense growth opportunities, the high cost of cosmetic skin care products will challenge the gro
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