Key Market Indicators
Make-up sales are projected to reach $1.35 billion by 2026, up from $1.25 billion in 2020. This is a growth rate of 1.3% year on year. The market was up by 2.4% year on year. Japan, the United Kingdom and Germany were ranked second, third and fourth respectively in 2020. German make-up imports are expected to reach $3.36 billion by 2026, up from $2.94 billion in 2021. This is a compound annual growth rate (CAGR) of 2.3%. Since 1996, German demand has increased by 5.5% year on year. Singapore overtook Germany in 2021 to rank fourth, with imports of $2.94 billion. The United States, Singapore and Germany ranked second, third and fourth respectively. German make-up exports are projected to reach $4.66 billion by 2026, up from $4.11 billion in 2021. This is an average year on year growth rate of 2.1%. Since 1996, German supply has grown by 4.9% annually. Japan overtook Germany in 2021 to rank sixth, with exports of $4.11 billion. The United States, Singapore and South Korea ranked second, third and fourth respectively.
