This report includes analysis before and after the COVID-19 pandemic, with the final report also incorporating an examination of the impact of both the Russia-Ukraine war and COVID-19 on this industry.
According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3 percent. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The United States skincare market is forecasted to grow at significant growth rate mainly due to increase in buyer awareness as consumers are becoming increasingly knowledgeable in terms of their skin?s properties and the side-effects associated with various treatments.
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This report focuses on value market at the country and regional level. This report represents overall skin care market size by analyzing historical data from 2016-2020 and future prospect from 2021-2026.
Market Segmentation:
Market Breakup By Product Type
Face Cream
Body Lotion
Market Breakup By Ingredient
Chemical
Natural
Market Breakup By Gender
Male
Female
Unisex
Market Breakup By Distribution Channel
Supermarkets and Hypermarkets
Beauty Parlours
Salons
Multi Branded Retail Stores
Online
Exclusive Retail Stores
Others
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Regional Analysis
The report has been prepared after analyzing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political factors of the country. The team have closely analyzed the data of revenue, production, and manufacturers of each region. These analyses will help the reader to identify the key regions as potential worth of investment in the coming years.
Market Breakup By Region
North United States
North East United States
East United States
South Central United States
South West United States
North West United States
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period
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