As people worldwide prioritize self-care and wellness, skin care has become more of a need than a luxury.
In fact, in 2023, the skin care industry is expected to generate US$155.70 billion in revenue, and Statista predicts it to expand by 3.64% each year (CAGR 2023-2028).
Moreover, with the huge variety of products available on the market, consumers are presented with infinite choices. But none of this would be possible without the growing popularity in recent years.
With technology playing a critical role in driving innovation, it has transformed the landscape of the traditional beauty market.
This helped produce game-changing products, services, and experiences, revolutionizing the beauty sector.
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