Can Bangladesh rebalance skincare economics?
Dhaka, June 12 -- Bangladesh's cosmetics and skincare market is growing at a pace that would make any investor take notice. According to Expert Market Research, the sector was valued at approximately $1.77 billion in 2025 and is projected to reach $2.91 billion by 2035, expanding at a compound annual growth rate of 5.1 per cent.
Allied Market Research offers comparable figures, projecting the market to reach $2.12 billion by 2027. These numbers reflect not just rising incomes and a growing middle class, but also a profound shift in how Bangladeshis, particularly its youth, perceive personal care.
Yet behind this impressive growth lies a troubling economic reality. The majority of money spent on cosmetics in Bangladesh does not stay in B...
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