In 2023, the European sold production of lip make-up preparations demonstrates a varied landscape across different countries. France leads with significant contribution, accounting for 1.1395 billion euros and registering a 7.54% increase from the previous year. Italy, though lagging behind France, shows modest growth of 3.58%, reaching 0.25191 billion euros. In contrast, Germany, Poland, and the United Kingdom witnessed declines of 4.82%, 1.7%, and 3.01% respectively. Spain and Greece also faced notable reductions of 6.54% and 5.95%. On the other hand, Croatia, Bulgaria, Finland, Denmark, and Lithuania presented positive trends, with Finland exhibiting a substantial 36.37% increase. Sweden remains the smallest player among the listed countries.
Looking ahead, several key trends should be monitored for the European market of lip make-up preparations. Continued growth in leading markets like France and Italy is expected while attention should be paid to emerging growth in smaller markets such as Finland and Denmark. Declining markets such as Germany and Spain might require strategic realignments to revitalize their market positions. Innovations, evolving consumer preferences, and economic conditions will play crucial roles in shaping the future outlook of this sector.
Top countries in Sold Production of Lip Make-Up Preparations by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,139,500,000 | 2023 | +14.44% | +7.54% | View data |
| 2 | 2 Italy | 251,910,000 | 2023 | +11.4% | +3.58% | View data |
| 3 | 3 Germany | 129,870,000 | 2023 | +1.3% | -4.82% | View data |
| 4 | 4 Poland | 54,898,000 | 2023 | +1.61% | -1.7% | View data |
| 5 | 5 United Kingdom | 42,513,000 | 2023 | -1.47% | -3.01% | View data |
| 6 | 6 Spain | 11,970,000 | 2023 | -4.75% | -6.54% | View data |
| 7 | 7 Greece | 8,128,500 | 2023 | +6.42% | -5.95% | View data |
| 8 | 8 Croatia | 3,109,700 | 2023 | +2.6% | +5.57% | View data |
| 9 | 9 Bulgaria | 1,490,000 | 2023 | +4.19% | +1.54% | View data |
| 10 | 10 Finland | 1,229,700 | 2023 | -7.53% | +36.37% | View data |
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