Key Market Indicators
Demand for cosmetics in Antigua is expected to rise to $8.2 million by 2026, up from $7.7 million in 2021. This is a yearly growth rate of 1.1%. Since 2005, demand has grown by an average of 4.8% per year. In 2021, Antigua was ranked 135th in the world, overtaken by Seychelles with $7.7 million. China, Germany and the United Kingdom were second, third and fourth in this ranking. Meanwhile, exports of cosmetics from Antigua are projected to reach $132,480 by 2026, up from $111,710 in 2021. This translates to an average annual growth rate of 2.9%. Since 2005, exports have grown 61% annually. In 2021, Antigua was ranked 127th in the world, overtaken by Brunei with $111,710. The United States, Germany and Ireland were second, third and fourth in this ranking.
