The Eye Make-Up Preparations market in Mexico has experienced dynamic shifts from 2012 to 2022, with significant peaks and troughs and a general upward trend in recent years. After starting at $221.47 million in 2012, the market had a remarkable increase of 14% in 2013 to $252.47 million. The market faced minor declines from 2014 to 2016. However, a significant rebound occurred in 2017 with a 21.03% year-on-year growth. Following minor fluctuations, the market demonstrated consistent growth in 2021 and 2022, finishing at $285.75 million with a 1.69% increase in the last recorded year. Over the last five years, the market witnessed an average annual growth (CAGR) of 0.13%.
In 2024, the market continues to show promising trends and expected growth, particularly with advancements in product innovation and increasing consumer interest in diverse and premium eye make-up products. Stakeholders should watch out for emerging trends such as the rising popularity of eco-friendly and vegan products, digital marketing plays, and the impact of online retail platforms which are poised to drive future market expansion in this segment.
How does Mexico 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 |
| 7 | 7 Spain | 539,350,000 | 2023 | +2.71% | +2.57% | View data |
| 8 | 8 Australia | 530,970,000 | 2023 | +2.62% | +1.67% | View data |
| 9 | 9 Mexico | 290,410,000 | 2023 | +1.63% | +1.57% | |
| 10 | 10 Indonesia | 279,280,000 | 2023 | +4.88% | +3.9% | View data |
| 11 | 11 Poland | 276,410,000 | 2023 | -0.65% | -0.34% | View data |