From 2013 to 2023, the skin care powders and make-up powders market per capita value in Malaysia rose from $1.39 to $2.04, reflecting a steady upward trajectory. The year-on-year variations in 2022 and 2023 were 1.5% and 2%, respectively, indicating renewed growth. The compound annual growth rate (CAGR) over the last five years was approximately 1.2%.
Future trends to watch for:
- Increased consumer demand for natural and organic products could drive further growth.
- Technological advancements in powders offering multifaceted benefits are expected to gain popularity.
- Potential influence of e-commerce and digital marketing on expanding market reach.
| # | 33 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 10.47 | 2023 | View data | ||
| 2 | 2 Norway | 7.65 | 2023 | View data | ||
| 3 | 3 Italy | 6.92 | 2023 | View data | ||
| 4 | 4 Japan | 6.68 | 2023 | View data | ||
| 5 | 5 New Zealand | 6.57 | 2023 | View data | ||
| 16 | 16 Switzerland | 3.42 | 2023 | View data | ||
| 17 | 17 Slovakia | 2.26 | 2023 | View data | ||
| 18 | 18 Malaysia | 2.04 | 2023 | |||
| 19 | 19 Colombia | 1.76 | 2023 | View data | ||
| 20 | 20 Paraguay | 1.76 | 2023 | View data | ||
