The Skin Care Powders and Make-Up Powders Market in Thailand witnessed notable growth from 2013 to 2023, increasing from $0.95 to $1.38 per capita. The market showed a steady rise until 2017, followed by a slight dip during 2018-2020. However, it rebounded in 2021, peaking at $1.38 per capita by 2023. The market grew by 3.01% from 2022 to 2023, with a five-year CAGR of approximately 2.78% from 2018 to 2023.
Looking ahead, potential trends to monitor include:
- Increasing consumer interest in natural and ethical skin care products.
- Growing digital and e-commerce platforms, providing easier access to products.
- Innovation and introduction of multifunctional products catering to diverse consumer needs.
| # | 33 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 10.47 | 2023 | View data | ||
| 2 | 2 Norway | 7.65 | 2023 | View data | ||
| 3 | 3 Italy | 6.92 | 2023 | View data | ||
| 4 | 4 Japan | 6.68 | 2023 | View data | ||
| 5 | 5 New Zealand | 6.57 | 2023 | View data | ||
| 21 | 21 Chile | 1.41 | 2023 | View data | ||
| 22 | 22 Guatemala | 1.4 | 2023 | View data | ||
| 23 | 23 Thailand | 1.38 | 2023 | |||
| 24 | 24 Mexico | 1.1 | 2023 | View data | ||
| 25 | 25 Bulgaria | 0.97 | 2023 | View data | ||