Key Market Indicators
Lao Cosmetics Export is expected to reach nearly $4.5 million by 2026, up 3.3% per year on average since 2021. In 2021, the country ranked 100th with $3.7 million, overtaken by Cameroon. The US, Germany, and Ireland were the top three countries in terms of export. Meanwhile, Lao Cosmetics Import is projected to reach $17 million by 2026, slightly increasing by 1% annually since 2021. In 2021, the country ranked 125th with $16 million, behind Rwanda. China, Germany, and the UK were the top three countries in terms of import. Since 2015, Lao demand has grown at a rate of 1.3% per year.