Skincare Products Market to Grow By $ 50.04 billion in 2021, Beiersdorf AG and CHANEL Ltd. Emerge as Key Contributors to Growth|Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast|Technavio
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the skincare products market and it is poised to grow by $ 50.04 billion during 2021-2025, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on…