Key Market Indicators
Make-Up sales are expected to reach $114.9 billion by 2026, growing 1.7% annually on average. The market grew a healthy 4.7% year on year in 2020. Japan, the United Kingdom and Germany ranked second, third and fourth respectively. Chilean Make-Up exports are forecast to reach $33.3 million by 2026, increasing 0.2% annually on average. Since 1995, Chilean supply has grown 3.2% year on year. Guatemala overtook Chile with $32.9 million in 2021, leaving the South American country in 57th place. The United States, Singapore and South Korea took the second, third and fourth positions respectively. Chilean Make-Up imports are estimated to reach $246.5 million by 2026, growing 2.6% year on year on average. Since 1995, Chilean demand has increased 6.4% annually. Hungary overtook Chile with $211.8 million in 2021, pushing the South American nation into 37th place. The United States, Singapore and Germany were ranked second, third and fourth respectively.
