Forecast: Import of Eye Make-Up Preparations to Belgium

The import of eye make-up preparations to Belgium has seen fluctuating trends over recent years. From 2013 to 2016, the volume experienced significant variability with notable falls and rises, including a dramatic increase of 95.91% in 2016. Between 2017 and 2020, trends stabilized with minor fluctuations, such as a 7.73% rise in 2021 followed by a moderate steady increase. By 2023, the volume stood at 1.9136 million kilograms, representing a steady rise of 2.15% yoy over 2022. Over the last five years leading up to 2023, the compound annual growth rate (CAGR) was 2.35%. Forecasting from 2024 through 2028, the CAGR is projected to slow to 1.65%, reaching a volume of 2.1244 million kilograms by 2028.

Future trends to watch for include the potential impact of evolving beauty trends, changes in consumer preferences, and increasing demand for eco-friendly and sustainable make-up products. Monitoring these factors will be crucial for forecasting market dynamics accurately.