The Polish lip make-up preparations market has exhibited fluctuating values over the past decade, with a notable decrease from 2012 to 2016, followed by a gradual recovery in subsequent years. From 2012 to 2016, the market saw a consistent decline, hitting its lowest value in 2016. Fortunately, post-2016, there has been a moderate bounce-back, with incremental increases until 2019. The year 2020 saw a slight dip, potentially due to the impacts of the COVID-19 pandemic, but a small recovery in 2021. However, the market slightly retracted again in 2022.
Key year-on-year variations include significant decreases in 2013 (-11.98%) and 2020 (-7.47%), and minor growth in 2017 (3.18%) and 2021 (4.06%). Over the last five years, the market's Compound Annual Growth Rate (CAGR) indicates minor growth, averaging 0.028% annually.
Future trends to watch for include the increased demand for sustainable and organic products, a rise in e-commerce sales channels, and growing popularity of personalized make-up solutions. Furthermore, continuous innovation and marketing strategies targeting millennials and Gen Z could provide a fresh impetus for market growth.
How does Poland rank in Lip Make-Up Preparations Market Size Value?
| # | 42 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 7,707,300,000 | 2023 | +3.25% | +4.53% | View data |
| 2 | 2 France | 1,564,800,000 | 2023 | +3.54% | +3.84% | View data |
| 3 | 3 United Kingdom | 1,278,700,000 | 2023 | +1.8% | +2.55% | View data |
| 4 | 4 Germany | 919,270,000 | 2023 | +2.33% | +1.9% | View data |
| 5 | 5 Canada | 855,050,000 | 2023 | +2.72% | +3.39% | View data |
| 8 | 8 Mexico | 220,350,000 | 2023 | +1.68% | +1.96% | View data |
| 9 | 9 Saudi Arabia | 208,760,000 | 2023 | +2.47% | +4.22% | View data |
| 10 | 10 Poland | 166,350,000 | 2023 | -1.12% | -1.02% | |
| 11 | 11 Netherlands | 122,140,000 | 2023 | +4.69% | +1.6% | View data |
| 12 | 12 Colombia | 122,030,000 | 2023 | +1.67% | +1.47% | View data |