In 2017, the UK saw the biggest year-on-year growth in the number of new beauty brands, according to a new report from Beauty and Nourishment.
The report, released on Tuesday, said that the number grew by almost 6% in the year to June 2017.
It also revealed that the UK has seen the biggest growth in both the number and price of new luxury brands.
The average price of a new luxury product in 2017 rose by more than 7% compared with the previous year.
The most popular new luxury brand in the country was the Brazen Beauty brand, which rose by nearly 3% on average, according the report.
The brand, based in London, was launched in 2015 and is now worth more than £20 million ($30 million).
It also saw a boost in its prices, with a $50 million ($60 million) price hike in January 2017.
The UK also saw the largest increase in the price of beauty products.
In 2017 there were an average of more than 100 new beauty products on sale, the report found.
But in a year when beauty prices in the US have plummeted, the rise in the prices of the UK’s new luxury beauty brands was less impressive.
The number of cosmetics and home remedies rose by less than 3% in 2017.
But overall, the price increase for cosmetics and cosmetics products was the biggest, the researchers said.