The lip make-up preparations market in Mauritius has shown a consistent growth trend over the past decade, with the per capita value increasing from $1.26 in 2013 to $2.71 in 2023. Recent year-on-year growth rates include 3.51% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years is approximately 4.46%, indicating a steady expansion.
Looking forward, market analysts should observe future trends such as the impact of digital marketing on consumer behavior, potential shifts towards eco-friendly and vegan products, and the influence of global economic conditions on consumer spending power in Mauritius.
| # | 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 | ||
| 23 | 23 Montenegro | 4.1 | 2023 | View data | ||
| 24 | 24 Ecuador | 2.97 | 2023 | View data | ||
| 25 | 25 Mauritius | 2.71 | 2023 | |||
| 26 | 26 Peru | 2.59 | 2023 | View data | ||
| 27 | 27 Colombia | 2.41 | 2023 | View data | ||
