The Skin Care Powders, Make-Up Powders market in Switzerland experienced variable growth between 2012 and 2022, with periodic declines and recoveries. The highest value was in 2014 at around USD 33.7 million, followed by a significant dip to USD 30.455 million in 2015. Since then, the market has shown fluctuating year-on-year changes, with an overall downward trend from 2019 onwards.
Trends over a longer period indicate a market that struggles to sustain steady growth. The compound annual growth rate (CAGR) from 2018 to 2022 is a slight negative, demonstrating a stagnating market.
Future trends to watch for:
- Innovation in product formulations, possibly incorporating skincare benefits in makeup powders.
- Increased consumer preference for organic and natural products.
- Impact of economic conditions and disposable income on luxury and non-essential cosmetic purchases.
- E-commerce and direct-to-consumer sales growth influencing market dynamics.
- Sustainability and eco-friendly packaging trends gaining traction in the cosmetics industry.
How does Switzerland rank in Skin Care Powders, Make-Up Powders Market Size Value?
| # | 38 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 5,038,100,000 | 2023 | +3.14% | +3.43% | View data |
| 2 | 2 Japan | 840,830,000 | 2023 | +1.14% | +0.59% | View data |
| 3 | 3 Italy | 415,180,000 | 2023 | +1.72% | +0.65% | View data |
| 4 | 4 Germany | 402,990,000 | 2023 | +0.96% | +0.21% | View data |
| 5 | 5 Australia | 267,070,000 | 2023 | +2.39% | +3.03% | View data |
| 19 | 19 South Africa | 34,966,000 | 2023 | -0.77% | -1.66% | View data |
| 20 | 20 New Zealand | 33,459,000 | 2023 | +1.85% | +1.68% | View data |
| 21 | 21 Switzerland | 31,189,000 | 2023 | -0.4% | -0.86% | |
| 22 | 22 Ukraine | 30,888,000 | 2023 | -1.42% | +2.21% | View data |
| 23 | 23 Chile | 27,348,000 | 2023 | -0.072% | -0.31% | View data |
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