Based on the provided forecast data for the import of eye make-up preparations to Malaysia, the volumes for the years 2024 through 2028 show a steady increase. The import volume is expected to grow from 2.7934 million kilograms in 2024 to 3.1836 million kilograms in 2028. To contextualize, the import volume stood at 2.7 million kilograms in 2023.
- Year-on-year variation: - From 2023 to 2024: +3.45% - From 2024 to 2025: +3.6% - From 2025 to 2026: +3.41% - From 2026 to 2027: +3.23% - From 2027 to 2028: +3.06%
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 3.35%, indicating a consistent increase in volume over the five-year period.
Future trends to watch for include changes in consumer preferences towards premium eye make-up brands, potential trade policy adjustments, and the impact of domestic production capabilities. Additionally, continuous trends in online beauty retail and promotional activities by global brands could further influence import volumes.