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Next-Generation Personalized Beauty Market Report 2023: Technological Advancements, Industry Trends, Competitive Landscape, Analysis, Revenue Forecast 2023-2032

08-23-2023 07:18 AM CET | Fashion, Lifestyle, Trends

Press release from: The Business research company

Next-Generation Personalized Beauty Market

Next-Generation Personalized Beauty Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Next-Generation Personalized Beauty Global Market Report 2023 identifies growing concern of consumers regarding skin problems such as acne, cold sores, blisters, and hives across the globe as the major driver for the Next-Generation Personalized Beauty market's growth in the forecast period. Skin diseases can be temporary or permanent, painless or painful, and situational or genetic. With the increasing number of skin disorders, people are becoming more conscious of their skin and opting for personalized services and products to overcome skin problems. According to the Medscape report 2020, approximately 50 million Americans suffer from acne each year, with 80 percent of Americans having acne at some point in their lives.

The global next-generation personalized beauty market size grew from $33.23 billion in 2022 to $37.79 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The next-generation personalized beauty market size is expected to grow to $63.34 billion in 2027 at a CAGR of 13.8%.

Download Free Sample Of Next-Generation Personalized Beauty Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=5802&type=smp

Major competitors in the Next-Generation Personalized Beauty market are Ulta Beauty, Proven Skincare, BITE Beauty, Curology, Estée Lauder, Coty, insitU Cosmetics, FitSkin, Krigler, Kiehl's Apothecary Preparations.

A key trend in the Next-Generation Personalized Beauty market includes strategically partnering and collaborating with other companies. For example, in April 2021, Revieve, a US-based company engaged in offering personalized products, services, and treatments, entered into a partnership with BABOR, a Germany-based company offering customized skin care solutions to its customers. In July 2021, AptarGroup, Inc., the a US-based personal care, beauty, and pharmaceutical company, entered into a strategic collaboration with Yan An Tang, a China-based company that offers customized, personalized skincare products, nursing programs, and one-on-one skincare consultations.

Read More On The Global Next-Generation Personalized Beauty Market Report Here:
https://www.thebusinessresearchcompany.com/report/next-generation-personalized-beauty-global-market-report

The Next-Generation Personalized Beauty market is segmented -
• By Product: Skincare, Haircare, Make-Up, Fragrances, Other Products
• By Application: Consultation/Digital Questionnaires, Apps And Specialized Hardware, Home Test Kits, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Next-Generation Personalized Beauty market.

The Business Research Company's "Global Next-Generation Personalized Beauty Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Next-Generation Personalized Beauty Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5802

The Table Of Content For The Next-Generation Personalized Beauty Market Include:

1. Executive Summary
2. Next-Generation Personalized Beauty Market Characteristics
3. Next-Generation Personalized Beauty Market Trends And Strategies
4. Next-Generation Personalized Beauty Market - Macro Economic Scenario
5. Next-Generation Personalized Beauty Market Size And Growth
……………………………….
26. Africa Next-Generation Personalized Beauty Market
27. Next-Generation Personalized Beauty Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Next-Generation Personalized Beauty Market
29. Next-Generation Personalized Beauty Market Future Outlook and Potential Analysis
30. Appendix

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