Key Market Indicators
Luxembourg's make-up exports are expected to skyrocket to $124 million by 2026, a 2.7% increase from 2021's $106 million. Since 2004, Luxembourg's supply has grown by 5.1% every year. In 2021, the country ranked 38th in make-up exports, with New Zealand overtaking Luxembourg's $106 million export value. The United States, Singapore and South Korea ranked 2nd, 3rd and 4th respectively. Meanwhile, Luxembourg's make-up imports are projected to hit $90 million by 2026, a 2.2% rise from 2021's $79 million. Since 2004, Luxembourg's demand has increased by 4.6% annually. In 2021, the country ranked 62nd in make-up imports, with Myanmar overtaking Luxembourg's $79 million import value. The United States, Singapore and Germany were the top three import countries in that ranking.
