The per capita value of lip make-up preparations in Bulgaria has shown a general growth from 2013 to 2023, rising from $1.25 to $2.12 by 2023. The year-on-year variations indicate some fluctuations, with significant growth in earlier years such as 2017, and a gradual plateauing in recent years. Specifically, in 2023, the value per capita stood at $2.12. Over the past two years, the growth has been modest, and the five-year CAGR suggests a steady, albeit slow, upward trend in expenditure per capita on lip make-up products.
Future trends to watch include potential impacts of economic conditions and consumer preferences on per capita spending. Innovations in product formulations and marketing strategies could drive demand, while sustainability trends may influence brand choices. Increasing digital commerce penetration and evolving lifestyle preferences could further shape market dynamics.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.21 | 2023 | View data | ||
| 2 | 2 Canada | 22.5 | 2023 | View data | ||
| 3 | 3 United Kingdom | 19.02 | 2023 | View data | ||
| 4 | 4 Australia | 17.5 | 2023 | View data | ||
| 5 | 5 Iceland | 13.44 | 2023 | View data | ||
| 26 | 26 Peru | 2.59 | 2023 | View data | ||
| 27 | 27 Colombia | 2.41 | 2023 | View data | ||
| 28 | 28 Bulgaria | 2.12 | 2023 | |||
| 29 | 29 Moldova | 2.11 | 2023 | View data | ||
| 30 | 30 El Salvador | 1.97 | 2023 | View data | ||
