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People are now more wellness-conscious than ever before, developing personal health and skincare rituals to stay fit. Skincare products are gaining popularity worldwide, driven by changing lifestyles. Thanks to social media platforms, people are now more aware of the various brands and their products and trends. Several new skincare brands are recently popping up, offering natural and organic products to soothe the demand for chemical-free alternatives. The global skincare market is projected to reach $145.82 billion in 2028, growing at a CAGR of 5.52% in 2021-2028. Both SKIN and NUS are well-positioned to benefit from the growing market.
SKIN has gained 44.1% over the past three months, while NUS has slumped 27.8%. Also, NUS’ 18.6% slump year-to-date compares with SKIN’s 5.3% decline. But which stock is a better buy now? Let’s find out.
