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The cosmetics market was valued at $1.3 Billion in FY2020 and is estimated to grow at a double-digit CAGR of 16.39% through FY2026 to reach $2.89 Billion by FY2026.
This amazing growth of the cosmetic industry is the result of the growing demand for cosmetic products, mainly from teenagers and young adults, and the rapid digitalization of the industry, much to the benefit of all.
Nykaa is one of the key players of the cosmetic industry, which boasts of its wide range of beauty, fashion and wellness products that it makes available to both the physical and digital customers!

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