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The beauty group especially is an Primarily superior in shape, Therefore the advanced explosion of smaller brands On this classification isn't any surprise. In shade cosmetics, born-digital challenger brands already depict ten per cent from the market and are growing 4 occasions faster than the remainder of the segment.

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* With the appearance of online retail and e-commerce, FMCG companies can easily market and sell their products through the country without investing much in marketing actions.

As being a consequence, smaller brands are capturing two to three instances their good share of development though the largest brands continue being flat or in slight decrease (Show four).

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