Key Market Indicators
Sales of make-up are predicted to reach $71 million by 2026, up 1.2% year-on-year from $66 million in 2020. Japan, the United Kingdom and Germany were the second, third and fourth largest markets, respectively. Peruvian exports of make-up are forecast to drop by 4.2% to $15 million by 2026, down from $19 million in 2021. This decrease follows a 4.3% year-on-year decline since 1999, with the country ranking 65th in 2021. Egypt overtook Peru, with the US, Singapore and South Korea occupying the second, third and fourth spots, respectively. Peruvian imports of make-up are expected to rise 2.6% to $134 million by 2026, compared to $115 million in 2021. This follows a 6% year-on-year growth since 1997, with the country ranking 52nd in 2021. Morocco lead the way, followed by the US, Singapore and Germany taking up the remaining top four spots.
