In 2023, the Eye Make-Up Preparations market in Brunei stood at $1.2254 million. Over the past decade, the market has exhibited fluctuations, reaching its peak in 2013 and experiencing a general decline thereafter. Notable was the sharp decrease in 2015 and a recovery phase between 2016 and 2017. A gradual decline marks 2018-2023, with a slight recovery observed in 2021. The last five years recorded a negligible Compound Annual Growth Rate (CAGR) of -0.34%, reflecting stabilization albeit at a slightly lower market size. The period from 2022 to 2023 experienced a marginal year-on-year variation, suggesting a plateau in market value.
Future trends to watch for:
- Increased demand for natural and organic eye make-up preparations could spur market growth.
- E-commerce expansion might change market dynamics by increasing accessibility and variety.
- Innovations in formulations and sustainable packaging could enhance consumer appeal and drive sales.
How does Brunei 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 |
| 44 | 44 Moldova | 4,501,300 | 2023 | -0.61% | -0.52% | View data |
| 45 | 45 Montenegro | 3,967,200 | 2023 | +2.09% | +0.78% | View data |
| 46 | 46 Brunei | 1,225,400 | 2023 | -0.32% | -0.34% | |
| 47 | 47 Barbados | 1,020,700 | 2023 | -0.73% | +0.37% | View data |
| 48 | 48 Madagascar | 357,200 | 2023 | +2.17% | +1.39% | View data |
