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Jan 19, 2021 (Heraldkeepers) —
Rising sale of premium cosmetics is driven majorly by developing economy and rising disposable income. Product recall created among the consumers based on product promotions by famous celebrities is influencing the growth of this market positively. Premium cosmetics show instant results on the skin and show comparatively less side effects, which is one of the major factors driving this market. The production and the consumption of premium cosmetics is high in North America and is projected to increase at a positive growth rate in various countries of Europe and Asia Pacific over the given forecast period.
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The global premium cosmetics market share is expected to grow at a higher growth rate supported by positive influencing of the fashion sector on