The global Anti-acne cosmetics market was valued at US$ 2591.87 Mn in 2022, and is expected to reach US$ 3965.96 Mn by 2030, exhibiting a CAGR of 4.88% during the forecast period.
Major players in the market are focusing on investing in research & development centres in emerging economies, in order to strengthen their global presence. For instance, in February 2019, BASF SE, a major supplier of ingredients to the global cosmetic and personal care industry, opened a new Application Technology Laboratory in Nigeria.
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