The import of lip make-up preparations to the UK is forecasted to gradually increase from 9.1613 million kilograms in 2024 to 9.5923 million kilograms in 2028. This represents a consistent year-on-year growth in volume. In comparison, the volume in 2023 was 9.05 million kilograms. The percentage year-on-year variations indicate a stable increase: 1.21% from 2024 to 2025, 1.17% from 2025 to 2026, 1.13% from 2026 to 2027, and 1.10% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five years from 2023 to 2028 stands at approximately 1.13%.
Future trends to watch for include potential shifts in consumer preferences toward more sustainable and organic products, which may impact import volumes. Also, trade policies and economic conditions will play a crucial role in shaping these imports. Advances in e-commerce and beauty technology could also influence the market dynamics significantly.