The Eye Make-Up Preparations Market in Austria has shown significant fluctuations over the past decade. The market value increased from $101.22 million in 2012 to $114.21 million in 2022. Initial steady growth was observed from 2012 to 2013 with year-on-year increases of 3.66% and 3.53% respectively. However, there were notable declines in 2014 and 2015, followed by a strong recovery peaking in 2017. This trend suggests periods of volatility interspersed with growth spurts.
Volatility continued as the market dipped again between 2018 and 2019, with the year-on-year variation showing a decrease of 0.46% and 8.2% respectively. The market then experienced mild declines during 2020 due to external factors but managed to stabilize with a modest rise in 2021 and 2022. The CAGR over the last five years remained relatively low at -0.81%, indicating a slow overall growth.
Future trends to watch for:
- Emerging demand for organic and natural eye make-up products.
- Technological innovations in product formulations and applicators.
- Increased marketing and e-commerce activities boosting sales.
- Potential market recovery boosted by economic improvements post-pandemic.
- Changing consumer preferences towards minimalist make-up trends.
How does Austria rank in Eye Make-Up Preparations Market Size Value?
| # | 48 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 10,452,000,000 | 2023 | +3.21% | +3.5% | View data |
| 2 | 2 Japan | 1,536,100,000 | 2023 | +2.96% | +1.8% | View data |
| 3 | 3 United Kingdom | 1,465,000,000 | 2023 | +1.19% | +1.98% | View data |
| 4 | 4 Germany | 1,291,800,000 | 2023 | +1.62% | +1.53% | View data |
| 5 | 5 Canada | 1,056,500,000 | 2023 | +2.11% | +2.2% | View data |
| 15 | 15 Sweden | 164,630,000 | 2023 | +2.44% | +0.19% | View data |
| 16 | 16 Norway | 121,830,000 | 2023 | +0.67% | +0.98% | View data |
| 17 | 17 Austria | 114,900,000 | 2023 | +0.61% | -0.6% | |
| 18 | 18 Chile | 108,530,000 | 2023 | +2% | +1.94% | View data |
| 19 | 19 Switzerland | 107,440,000 | 2023 | +0.91% | +1.39% | View data |