Asia Pacific Market Forecast
Asia Pacific industry is predicted to account for largest revenue share of 30% by 2037. In 2021, about 31% of people purchased cosmetics online in India. The surge in users of cosmetic products is expected to drive the cosmetic pen and pencil market in Asia Pacific. According to the International Trade Commission, in 2020, China has the largest market for cosmetic products and out of all the products, makeup products constituted 12% share.
Author Credits: Parul Atri
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