Introduction
We like beauty. We desire to stay beautiful. We like hearing others say we look beautiful. Tell any little girl, that she looks like a pretty princess, you can see her become happy. We also get much happiness watching beautiful people.
The value of the beauty industry points to the great desire to remain beautiful. In 2019, the beauty industry was @ US$532 billion business across the world. The industry will grow by 5%-to-7% compound annual rate of growth to approx $800 billion by 2025. ( The OTC (over-the-counter) drugs industry was at US$ 161 billion in 2021, expected to reach US$ 294 billion by 2030, growing at a registered CAGR of 6.9% (2021 to 2030). Whereas in 2019 the global pharma industry was @ US$ 1,300 billion.).
