Singapore Make-Up Industry Outlook 2022 - 2026

Key Market Indicators

Make-up exports from Singapore are expected to reach $7 billion by 2026, growing at an average rate of 3.6% year on year. Since 1994, Singaporean exports have increased by 15.1% annually. In 2021, the United States overtook Singapore in exports and came in first, followed by Singapore in second, South Korea in third, and Germany in fourth. Make-up imports to Singapore are set to reach $3.8 billion by 2026, increasing at an average rate of 3.3% year on year. Imports have risen by 12.7% each year since 1994. In 2021, the US overtook Singapore in imports and came in first, followed by Singapore in second, Germany in third, and South Korea in fourth.

Singapore Make-Up Market Data and Forecasts

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