Makeup Base Market size to grow by USD 786 billion from 2021 to 2026 Driven by the rising demand among millennial consumers Technavio

NEW YORK, April 6, 2023 /PRNewswire/ — The global makeup base market size is estimated to increase by USD 7.86 billion from 2021 to 2026. The market’s growth momentum will accelerate at a CAGR of 4.73%. The rising demand among millennial consumers is one of the key drivers supporting the makeup base market growth. Vendors of cosmetics have several growth opportunities owing to the expanding millennial population and the rise in their purchasing power. Women made up about 40% of the global workforce in 2020, and this figure is predicted to rise throughout the forecast period. Thus, the increase in…