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Premium Cosmetics Market Sales To Rise 7.6% by 2033

Beauty brands such as Makeup by Mario, Chantecaille and Augustinus Bader are ones to watch.

The global demand for premium cosmetics has reached a market value of $125.1 billion in 2023 and is predicted to increase rapidly at 7.6% over the next ten years, according to a new report from Fact.MR. By 2033-end, the global premium cosmetics market is forecasted to increase to a size of $261 billion. Rising Awareness of Luxury Brands Increasing “aesthetic awareness” among the general population has to led a substantial rise in demand for cosmetic and personal care products...

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