Cocamide Diethanolamine Market size is expected to reach USD 485 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of cocamide DEA was over USD 270 Billion. The world market for cocamide DEA is expected to benefit from the expanding healthcare sector worldwide. The demand for cocamide DEA is predicted to rise as a result of growing spending on topical and dermatological treatments and lotions, which is expected to grow the personal care and beauty products sector. Worldwide, the beauty sector brings in about USD 100 billion in income. Retailers of cosmetics report USD 17.09 billion in sales on the internet.
In addition to these, Key significant manufacturers and highly classified production facilities are projected to be among the development factors driving the global cocamide diethanolamine market in developed economies like the U.S., Germany, the UK, and France. However, developing nations like China, India, Mexico, the Middle East, and Africa are predicted to have rapid expansion in the market.
Author Credits: Rajrani Baghel
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