Key Market Indicators
Make-up sales are expected to reach nearly $1 billion by 2026, a 0.6% decrease from 2020. The market is projected to decline by 4% annually. Japan, the United Kingdom, and Germany occupied the second, third, and fourth spots in the ranking. Barbadian make-up exports are predicted to reach $1.9 billion by 2026, a 0.6% growth from 2021. Since 2002, Barbadian supply has grown 2.2% annually. The country is currently in 88th place, with Myanmar surpassing it at $1.9 billion. The United States, Singapore, and South Korea were the second, third, and fourth largest exporters. Barbadian make-up imports are forecast to reach $6 billion by 2026, a 0.2% increase from 2021. Since 2002, Barbadian demand has decreased by 1.9% each year. The country is currently in 117th place, with Brunei overtaking it at $5.9 billion. The United States, Singapore, and Germany were the second, third, and fourth largest importers.
