Cosmeceuticals Market Set to reach USD 85.5 billion by 2030

According to the study by Next Move Strategy Consulting, the Cosmeceuticals Market size is predicted to reach USD 85.5 billion with a CAGR of 6.1% till 2030.

Increasing demand for cosmeceuticals is due to rising global urbanization and industrialization that leads to various types of airborne pollutants such as polycyclic aromatic hydrocarbons (PAHs), volatile organic compounds (VOCs) and nitrogen oxides (NOx), which cause skin disorders including acne, eczema, hives and others.

Asia-Pacific holds the predominant share of cosmeceuticals market at present and is expected to continue its dominance during the forecast period.

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