The Lip Make-Up Preparations market size value per capita in Sweden displayed a relatively stable trend from 2012 to 2019, fluctuating just between $8.99 and $9.93. However, the market saw a dip in 2020, hitting $8.99, influenced probably by the COVID-19 pandemic. Since then, it rebounded to $9.46 in 2021 and maintained that value through 2022. Year-on-year variation for 2021 was a positive 5.23%, and the market stabilized with 0% variation in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately -0.15% reflecting a slight decrease overall.
Future trends to watch for include potential market growth driven by innovative product launches, increasing consumer awareness about beauty products, and a rising trend in personalized lip care. Additionally, the digitalization of beauty retail and the influence of social media on consumer choices could further shape market dynamics.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.21 | 2023 | View data | ||
| 2 | 2 Canada | 22.5 | 2023 | View data | ||
| 3 | 3 United Kingdom | 19.02 | 2023 | View data | ||
| 4 | 4 Australia | 17.5 | 2023 | View data | ||
| 5 | 5 Iceland | 13.44 | 2023 | View data | ||
| 8 | 8 Germany | 11.03 | 2023 | View data | ||
| 9 | 9 Austria | 9.67 | 2023 | View data | ||
| 10 | 10 Sweden | 9.46 | 2023 | |||
| 11 | 11 South Korea | 8.93 | 2023 | View data | ||
| 12 | 12 Switzerland | 8.74 | 2023 | View data | ||
