Key Market Indicators
Indonesia's cosmetics export is expected to hit nearly $1 billion by 2026. The figure was $855 million in 2021, with an average annual growth rate of 2.5%. Since 1994, Indonesia's supply has increased by 4.3% each year. In 2021, the country came in at 25th place, overtaken by Australia at $855 million. The United States, Germany and Ireland were the next three in the ranking. Indonesia's cosmetics import is projected to reach $1.7 billion by 2026, up from $1.4 billion in 2021. This would mean an average year-on-year growth of 2.8%. Since 1994, Indonesian demand has increased by 6.7% annually. In 2021, the country was placed 23rd, overtaken by Switzerland at $1.4 billion. China, Germany and the United Kingdom were the next three in the ranking.
