Key Market Indicators
Make-up sales are on the rise, with figures set to reach $178 billion by 2026. This is an increase of 1.3% year on year, a growth rate of 5% since 2020. Japan, the United Kingdom and Germany came in second, third and fourth in the ranking. Colombian make-up exports are also looking up, with a projected increase of 1.8% to reach $203 billion by 2026. This is 5.5% higher than in 1996. India overtook Colombia in 2021, with the country ranking 30th. The United States, Singapore, and South Korea respectively came in second, third, and fourth place. Colombian make-up imports are estimated to reach $146 billion by 2026, a 2% increase year on year. This is 4.7% higher than 1996 figures. Finland overtook Colombia in 2021, with the country ranking 50th. The United States, Singapore, and Germany respectively came in second, third, and fourth place.
