Key Market Indicators
Belgian imports and exports of cosmetics are set to increase significantly over the next five years. Imports are predicted to reach $4.2 billion by 2026, growing at an average of 2.4% each year since 2021. This puts Belgium in 11th place in the global market, with Japan overtaking it at $3.7 billion. China, Germany and the United Kingdom are respectively placed 2nd, 3rd and 4th. Exports are predicted to reach $4.2 billion by 2026, growing at an average of 2.1% since 2021. Belgium is now 15th in the global market, with Switzerland overtaking it at $3.7 billion. The US, Germany and Ireland come in 2nd, 3rd and 4th respectively.