The market forecast for beauty products is to go from $22.1 billion a year in 2017 to

$28.7 billion by 2020. Why is that useful information for an entrepreneur looking to
market a beauty-related business?

It suggests that there will be a lot of room for new businesses.

It guarantees that any beauty-related business will do really well.

It indicates that beauty products for men will see exponential growth.

It means that the government feels consumers should spend more on beauty products.

This information is useful for an entrepreneur looking to market a beauty-related business because it indicates a growing market opportunity. The projected increase in market size suggests that there is a growing demand for beauty products, presenting a potential for new businesses to enter the market and capture a share of the growing revenue. This information can help the entrepreneur to tailor their marketing strategies to target the expanding consumer base and capitalize on the growth trend in the beauty product industry.