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Surge is fueled by a heightened emphasis on health and self-care, according Fact.MR report.
December 22, 2023
By: Lianna Albrizio
Associate Editor
The premium beauty and personal care products market soared to a value of $496.63 billion in 2022. Projections suggest an even more impressive growth, with an anticipated 4.6% compound annual growth rate (CAGR) propelling it to $780.16 billion by 2032, according to a recent report by Fact.MR. This surge is fueled by a heightened emphasis on health and self-care, spurred by the increasing focus on preventive healthcare due to a rise in various ailments. Moreover, the surge in de...
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