Key Market Indicators
Make-up exports from Sri Lanka are expected to reach around $2.3 million by 2026, a 3.3% year-on-year growth from 2021's $1.9 million. Since 1999, exports have increased by 10.7% year-on-year, and Sri Lanka currently ranks 86th in the world for make-up exports. Aruba overtook Sri Lanka in 2021, with exports of $1.9 million. The United States, Singapore and South Korea rank second, third and fourth respectively. Make-up imports to Sri Lanka are expected to reach $17.8 million by 2026, growing at an annual average rate of 2.9% since 2021's $15 million. Since 1999, imports have increased by 2.1% year-on-year. The country ranks 100th in this sector, with Albania overtaking in 2021 at $15 million. The United States, Singapore and Germany rank second, third and fourth respectively.
