Key Market Indicators
Make-up sales are predicted to reach $42 million by 2026, dropping 0.2% annually on average since the market declined 3.2% yearly. Japan, the UK and Germany were the second, third and fourth largest markets, respectively. Portugal's make-up imports are expected to reach $325 million by 2026, increasing 1.7% year on year since 1993. Portugal was 30th in 2021, with Norway taking the lead at $293 million. The US, Singapore and Germany were the second, third and fourth largest markets, respectively. Portugal's make-up exports are projected to reach $56 million by 2026, rising by an average of 2.5% year on year since 1993. Portugal ranked 50th in 2021, with Estonia taking the lead at $48 million. The US, Singapore and South Korea were the second, third and fourth largest markets, respectively.