Globenewsinsights

    The global  cosmetic pencil & pen market  is estimated to be valued at US$ 2.6 Bn in 2022, and is expected to increase at a CAGR of 6.3% between the forecast period 2022–2029, according to a recent study published by Future Market Insights (FMI). The study opines that the increasing focus to developments and innovation will continue to remain one of the vital factors that accelerates the market growth of the cosmetic pencil & pen. As per the key findings of the report, the global cosmetic pencil & pen market is projected to experience noteworthy growth over the forecast period due to various driving factors such as growing e-commerce industry and increasing demand for cosmetic product. The major players of cosmetic pencil & pen are focusing on the e-commerce channels for sales and promotion, finds the study. The e-commerce industry is growing at a good pace and is expected to contribute to the increasing sales of cosmetic products, and simul...