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The Lipstick Market size is expected to be worth around USD 26.44 Bn by 2032 from USD 13.07 Bn in 2022, growing at a CAGR of 7.3% during the forecast period from 2023 to 2032. The market growth is attributed to various factors such as increasing disposable income, growing demand for beauty products, and the availability of a wide variety of lipsticks in the market.

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