Advertising Industry
MACRO INDUSTRY
summary
- the personal hygiene market was valued at $64.4 billion in 2021 and is expected to grow at a CAGR of more than 5% during 2021 to 2026.
-revenue in the beauty and personal care market amounts to $571.10 billion in 2023, expected to grow annually by 3.80%
-personal hygeine has become a big aspect in daily life since COVID-19, and inflation has contributed to the rising cost of the products considering the rising cost of raw materials such as palm oil
- in the beauty and care market 37.5% of total revenue will be generated through online sales
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