Men’s skincare market expected to grow by more than $6B
Skincare products targeted for men are generating massive attention and new market research estimates the market will grow by more than $6 billion over the next four years.
Technavio reports a CAGR of about 7.19% from 2024 to 2028.
Industry leaders are catering to the desire to have a healthy, youthful-looking skin.
The global health and wellness trend is a driving source in the surge in demand for organic and green products within the skincare market. It’s opened the doors for manufacturers to create skincare lines with about 95% naturally sourced ingredients.
An increased awareness for self-grooming tied to masculinity also contributes to the boom in business. Men are turning to cutting-edge ingredients and procedures such as exfoliation, use of emollients, and application of filler and botulinum toxins.