The global cosmetics market is continuing to gain traction, with a positive market value forecast for the next five years.
According to a report by Allied Market Research, the global cosmetics market is predicted to total $390.07bn by 2020, seeing overall growth of 3.7% from 2015-2020. The biggest regional contributor to this figure is Europe, which generates the highest revenue currently and is expected to maintain its leading position during the five-year period.