The more than $400 billion global beauty and personal care industry has been on a growth trajectory since the end of the 2007-2009 financial crisis. Across the world, sales of mass cosmetics have grown steadily, and now premium cosmetics are making a comeback. Revenue is expected to show an annual growth rate of 8.3% and expected to hit 34.4% by 2023. For more information on how to strategically plan your business for growth, give us a call.
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