Leading Facial Care Product Markets Databank
The Facial Care market was valued at $94,230.0 Million in 2020, and is projected to reach $185,283.5 Million by 2029 growing at a CAGR of 7.85% from 2021 to 2029. Facial Creams segment is expected to be the highest contributor to this market, with $25,442.5 Million in 2020, and is anticipated to reach $50,008.3 Million by 2029, registering a CAGR of 7.84%. Face Wash segment is anticipated to reach $35,036.5 Million by 2029 with the highest CAGR of 7.98%. Facial Creams and Skin-whitening & anti-ageing segments collectively expected to account for about 49.0% share of the Facial Care market in 2020, with the former constituting around 27.0% share. Face Wash and Skin-whitening & anti-ageing segments are expected to witness significant growth rates at a CAGR of 7.98% and 7.92% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 40.7% in the overall Facial Care market in 2020, and is anticipated to reach 41.0% by 2029.
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