Key Market Indicators
Make-up sales are expected to reach nearly $37 billion by 2026, according to market research. This figure represents a 0.9% increase from the 2020 market size, which saw a 1.1% year-on-year growth. Japan, the United Kingdom and Germany followed in the rankings at numbers 2, 3 and 4 respectively. Croatian make-up exports are projected to reach $126 million by 2026, registering a 3.8% year-on-year CAGR. This is a 17.2% increase on the 1997 figures. In 2021, the country stood at number 40, with Brazil ahead at $100 million. The United States, Singapore and South Korea followed at numbers 2, 3 and 4 respectively. Croatian make-up imports are projected to reach $188 million by 2026, with a 3% year-on-year CAGR. This is a 10.9% jump from 1997 figures. In 2021, Croatia stood at number 45, with the Philippines ahead at $157 million. The United States, Singapore and Germany followed at numbers 2, 3 and 4 respectively.
Make-Up Market Data and Forecasts
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Make-Up Industry: Unveiling Future Trends in Nail and Eye Segment Analysis
The nail make-up segment is experiencing substantial growth. This trend is largely fueled by consumer desire for personalization and self-expression. Technologies such as 3D printing allow for unique and intricate nail designs, attracting a younger generation of consumers. The expansion of product line-ups by companies with innovations like nail-strengthening varnishes...
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