**3. Cosmetic products economic impact**

Physical beauty is a concept that varies according to the time humanity is living, and archaeology shows us that the human being has always felt the concern to care for and maintain their skin and body**.**

The year 1905 saw the opening of Elizabeth Arden's first beauty salon in Melbourne, with L'Oreal, Max Factor, Maybelline, and Helena Rubinstein as its main rivals. The cosmetics industry was favored by the research and discovery of new chemical principles that were used especially for the facial beautification [2].

According to the latest forecasts, the total revenue of the global cosmetics market will reach the figure of 93.8 billion dollars in 2022. Facial cosmetics continue to rank third in the ranking of products that generate the most revenue in the global cosmetics market, representing 17.6% of the total income of this industry in 2022 [3].

In Spain, the cosmetics industry generates 250,000 indirect jobs [4]. The economic impact of this business sector is undeniable; hence, the cosmetics industry and the scientific community are immersed in a continuous search and study of new active ingredients and formulations that can respond to this market demand.
