The Lip and Eye Makeup Market in Portugal reached a value of 53.292 million Euros in 2023. Analyzing from 2013, the market showed steady growth with some fluctuations. Post-2018, the CAGR reflects a general upward trend, albeit with variations. Although 2020 experienced a decline due to a complex market environment, the subsequent recovery from 2021 onwards indicates resilience, with a year-on-year increase of 3.06% in 2023.
Future trends to monitor include:
- Increased consumer interest in sustainable and organic makeup products.
- The impact of e-commerce in enhancing market reach and customer engagement.
- Innovations in product offerings, focusing on multifunctionality and convenience.
How does Portugal rank in Lip and Eye Make Up Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 279,530,000 | 2023 | +3.03% | +2.85% | View data |
| 2 | 2 Sweden | 60,690,000 | 2023 | +3.06% | +2.85% | View data |
| 3 | 3 Portugal | 53,292,000 | 2023 | +3.06% | +3.09% | |
| 4 | 4 Finland | 35,157,000 | 2023 | +0.57% | -2.69% | View data |
| 5 | 5 Romania | 26,811,000 | 2023 | -9.73% | -9.44% | View data |
