The cosmetics industry thrives on the art of enhancing beauty and self-expression through a diverse range of skincare, makeup, and personal care products. The cosmetics industry continues to exhibit robust growth, driven by evolving consumer preferences, innovation, and a growing emphasis on sustainability and inclusivity.

CAGR: 6.45%
Market size: $26 Bn
GDP Contribution: 10%
Market drivers:
– Increasing Social Media Influencers
– Increasing demand for sustainable skincare products
– Protection from UV rays, Pollution etc.