Skin Care to Dominate Functional Cosmetics Market Across Regions
The functional cosmetics market size is estimated to be USD 3.2 billion in 2021 and is expected to reach USD 4.1 billion by 2026, at a CAGR of 5.2% during the forecast period. Factors such as increasing demand for multifunctional ingredients, and accelerating demand for anti-aging, skin whitening, and sun protection products are major driving factors. Shifting focus towards male specific cosmetics is the major growth opportunity for the market. However, High cost of organic products is a major restraining...
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