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The surge in makeup sales will be driven by brand reputation, product pricing and safety standards.
November 12, 2022
By: Melissa Meisel
The global premium cosmetics market is expected to grow at a CAGR of roughly 7 % by the end of the forecast period (2019-2029), per findings from market research firm Fact.MR. Despite issues in global trade and worldwide economic uncertainties, the overall trajectory for the premium cosmetics market is largely positive, the market research firm finds. In the past few years, premium cosmetics brands have made substantial shifts in business strategy, which has been influenced by a numbe...
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