Key Market Indicators
Filipina exports of make-up are projected to reach $23 million by 2026, down 3.4% annually from 2021's $28 million. Since 2001, exports have declined by 20.3% per year. In 2021, the country placed 60th in the world rankings, behind Finland's $28 million. The United States, Singapore and South Korea ranked 2nd, 3rd and 4th respectively. Filipina imports of make-up are set to reach $194 million by 2026, growing 3.2% annually from 2021's $160 million. Since 2001, demand has increased 6.5% annually. In 2021, the country was 44th in the world rankings, behind Qatar's $160 million. The United States, Singapore and Germany ranked 2nd, 3rd and 4th respectively.
