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Category: Europe
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According to data from Cosmetics Europe for 2023, the European domestic market was valued at €95.7bn, securing its position as the world’s second-largest, albeit approximately 8% smaller than the United States. This vast economic engine is led by Germany (€15.9bn), France (€13.7bn), and Italy (€12.5bn). The industry’s footprint is substantial: Oxford Economics reports it employs…