From 2013 to 2023, the Eye Make-Up Preparations market in Belgium showed fluctuations, reaching its peak in 2013 at 109.75 million USD. By 2023, the market value stood at 98.419 million USD, with a compound annual growth rate (CAGR) of -0.067% over the past five years. Recent years witnessed minor declines, with the market decreasing by 0.096% year-on-year from 2022 to 2023 and -0.097% from 2021 to 2022.
Looking ahead, the market is projected to continue its slight downward trajectory, with an expected CAGR of -0.08% from 2024 to 2028. Future trends to watch for include:
- Innovations in product formulations and environmentally sustainable packaging
- Shifting consumer preferences towards clean and organic beauty products
- The impact of digital and social media marketing strategies
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