Prestige skincare sales proceed to rise, even with today’s global economic status, largely driven by medical-grade brands which took the skincare category to $1.7 billion in sales in 2021’s third quarter, a 14 percent increase, in accordance with data from NPD Group.
While often regarded as a distinct segment segment inside beauty, medical-grade skincare earned its place as the biggest segment of the skincare market in 2020 and continues to realize momentum. The shift toward medical grade skincare follows several years of the “clean” and “natural” brands’ skincare boom, wherein consumers pledged to avoid certain ingredients and change into more knowledgeable about what they placed on their skin.
As consumers proceed to keep up the importance of understanding skincare ingredients, they're...
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