Between 2013 and 2023, Latvia's eye make-up preparations market saw a fluctuation in value per capita, reaching $5.91 in 2023. The years 2014 to 2017 recorded a downward trend, while a positive recovery was observed from 2018 onwards. The market experienced a notable increase from 2020 to 2021 at a rate of 1.95%, with a continued upward trajectory to 2023. The compound annual growth rate (CAGR) over the last five years stands at approximately 1.38%. This data reflects a stabilizing trend post-2017, indicating growth potential.
Looking ahead, watch for emerging trends like sustainable packaging, innovative formulations, and digital marketing strategies influencing consumer behavior and potentially driving market growth. The impact of economic changes and fluctuating consumer preferences will also be pivotal.
| # | 42 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 28.1 | 2023 | View data | ||
| 2 | 2 Norway | 22.37 | 2023 | View data | ||
| 3 | 3 United Kingdom | 21.74 | 2023 | View data | ||
| 4 | 4 Australia | 20.59 | 2023 | View data | ||
| 5 | 5 Iceland | 18.52 | 2023 | View data | ||
| 20 | 20 Greece | 6.75 | 2023 | View data | ||
| 21 | 21 Montenegro | 6.37 | 2023 | View data | ||
| 22 | 22 Latvia | 5.91 | 2023 | |||
| 23 | 23 Chile | 5.65 | 2023 | View data | ||
| 24 | 24 Romania | 4.38 | 2023 | View data | ||
