Research
October 3, 2024
The whitepaper, titled "India's massive untapped growth opportunity in luxury beauty," explores the high growth potential of the regional market. Image courtesy of Kearney
By Amirah Keaton
India’s luxury beauty market is poised for unprecedented growth.
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","iv":"831c3cff7f841ecaa3fa93c95326860f","s":"7a8b63ea7156cae9"}
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