Today’s people are more conscious of their health and spend much on products that improve their well-being. The demand for skincare products is increasing at an unprecedented rate. Beauty stocks, such as Enterprises and Beauty Health (SKIN), are expected to benefit. What stock do you think is the best? You can read more about Beauty Health Co. It also offers a variety of skin-enhancing products. Nu Skin Enterprises, Inc., on the other side, is a distributor of personal care and wellbeing products throughout the globe. They also offer customized skin care solutions.
Today’s people are more mindful of their wellbeing and create skincare regimens that help them to be healthy. The changing lives of people are driving the popularity of skin care products worldwide. Social media has made it easier for people to be more informed about the different brands, their products and current trends. A number of new skincare companies have been launched recently, providing natural and organic products in order to satisfy customers who are looking for non-chemical alternatives. According to projections, the global skincare market will reach $145.82 million in 2028. This is a 5.52% increase over 2021-2028. NUS and SKIN are both well placed to profit from this growing market.
SKIN’s gains have been 44.1% in the last three months while NUS fell 27.8%. Also, NUS’ 18.6% slump year-to-date compares with SKIN’s 5.3% decline. What stock would be a better investment? Let’s find out.
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