The 2023 data demonstrates the United States as the dominant player in the global skin care and make-up powders market, valued at 5.0381 billion USD. Following are Japan and Italy, though they're considerably lower in comparison. Countries like Russia and Germany show marginal differences, while smaller markets like Kyrgyzstan and Moldova contribute minimally. Observing year-on-year variations, the United States exhibits a substantial growth rate alongside Australia and the Netherlands. Conversely, South Africa and Denmark show declines. Over five years, Morocco and Slovakia have experienced significant compounding growth.
Future trends to watch include:
- Expansion in emerging markets, particularly in Africa and Southeast Asia.
- Innovations in eco-friendly and organic powder formulations.
- Increasing demand for personalized and technology-driven beauty solutions.
- Potential market fluctuations due to geopolitical events, affecting supply chains.
- Rise in e-commerce platforms contributing to market accessibility and growth.
Top countries in Skin Care Powders, Make-Up Powders Market Size Value by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 5,038,100,000 | 2023 | +3.14% | +3.43% | View data |
2 | 2 Japan | 840,830,000 | 2023 | +1.14% | +0.59% | View data |
3 | 3 Italy | 415,180,000 | 2023 | +1.72% | +0.65% | View data |
4 | 4 Germany | 402,990,000 | 2023 | +0.96% | +0.21% | View data |
5 | 5 Australia | 267,070,000 | 2023 | +2.39% | +3.03% | View data |
6 | 6 Spain | 239,860,000 | 2023 | +2.97% | +2.4% | View data |
7 | 7 Poland | 214,610,000 | 2023 | +0.62% | +0.84% | View data |
8 | 8 Russia | 208,150,000 | 2023 | -1.08% | -0.7% | View data |
9 | 9 Mexico | 143,870,000 | 2023 | +1.08% | +1.72% | View data |
10 | 10 Indonesia | 107,870,000 | 2023 | +1.87% | +1.81% | View data |