Global Skin Lightening Products Market to Exhibit Steadfast Expansion During 2026
Global Skin Lightening Products Market was valued at US$ 4.02 Bn in 2017 and is expected to reach US$ 6.52 Bn by 2026, at a CAGR of 6.23 % during a forecast period.
BriefingWire.com, 5/25/2021 -
Global Skin Lightening Products Market was valued at US$ 4.02 Bn in 2017 and is expected to reach US$ 6.52 Bn by 2026, at a CAGR of 6.23 % during a forecast period.
Skin lightening products uses synthetic or natural ingredients for whitening skin tone or to reduce the amount of melanin in the skin to leave a uniform skin complexion. Major driving factors of the market are rising consciousness regarding beauty, increasing demand for skin lightening products for radiant and flawless skin, and increasing spending on skincare products. Consumer lifestyle is changing as rising disposable income, innovation of new and advanced products, which are suitable for the modern lifestyle is further propelling the growth in skin lightening products market. Rising e-Commerce industry in the beauty and personal care segment is stimulating the growth of skin lightening products market. Growing penetration of social media such as Facebook, Instagram, Twitter, and other fashion blogs plays an immense role in spreading awareness regarding skin care and lighting, which is boosting the growth of the global skin lightening products market.