Key Market Indicators
Make-up exports from Singapore are expected to reach $7 billion by 2026, growing at an average rate of 3.6% year on year. Since 1994, Singaporean exports have increased by 15.1% annually. In 2021, the United States overtook Singapore in exports and came in first, followed by Singapore in second, South Korea in third, and Germany in fourth. Make-up imports to Singapore are set to reach $3.8 billion by 2026, increasing at an average rate of 3.3% year on year. Imports have risen by 12.7% each year since 1994. In 2021, the US overtook Singapore in imports and came in first, followed by Singapore in second, Germany in third, and South Korea in fourth.
