Cosmeceuticals Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research
Global cosmeceuticals market is expected to grow at a healthy CAGR during the forecast period. The global cosmeceuticals market is driven by rise in consumer consciousness in terms of looks. Introduction of new products in the market coupled with rising disposable income is expected to bolster the growth of market over the next few years. Additionally, enforcement of using chemical free ingredients in cosmetics industry, is further driving the market growth through 2027. The global cosmeceuticals market is segmented based on type, material, distribution channel, ingredients , and region. Based on type, the market can be categorized into skin care, hair care, oral care & others. Out of which, the skin care segment is anticipated to dominate the global cosmeceuticals market during the forecast period. The growth of this segment can be attributed rising awareness about exposure to harmful ultraviolet radiations which can cause premature skin-aging or can lead to skin canc...