Nwl stock price forecast the nwl stock price forecast

The nwl stock price forecast incorporates macroeconomic stability, with mild inflation easing cost concerns and supporting consumer purchasing power. Specifically, the market for personal care products in the United States was estimated to be around $73.17 billion in 2023 and is anticipated to grow at a CAGR of 6.1% between 2024 and 2030. The primary driver of the personal care products market's expansion in the United States is the country's aging population. The number of Americans 65 and older increased from 49.2 million in 2016 to 57.8 million in 2022, according to the US Census Bureau. In 2022, they made up 17.3% of the entire population. These individuals are primarily interested in healthcare products that help them retain a youthful appearance. According to analysts, Newell Brands's stock has a predicted upside of 37.99% based on their 12-month stock forecasts. Commodity price stability is a supportive factor in the nwl stock price forecast, reducing cost pressures. This enhances margin outlook and could uplift valuation multiples over the medium term.