North American Market Forecast
The acetamide MEA market in North America region is expected to hold the largest revenue share of 35% during the forecast period. This growth can be attributed to the continuous innovation and product development to improve skin and hair treatment products. In 2021, North America was considered one of the most important geographical regions for the global cosmetics industry, accounting for approximately 26% of the cosmetics market that year. Consumers in North America are well aware of the harmful effects of pollution on their skin and hair, so they are cautious when choosing functional cosmetics and conditioners for personal use.
APAC Market Statistics
The acetamide MEA market in the Asia Pacific region is expected to grow substantially by the end of 2036. The Asia-Pacific region is expected to grow rapidly and account for the majority of the global market, owing to the growing demand for healthcare and skin care products in new countries famous like China. As developing economies also have increased disposable incomes, consumers in their countries have raised their standards of living and can now afford more cosmetic products.
Author Credits: Rajrani Baghel
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