The forecast indicates a steady increase in the sold production of lip and eye make-up preparations in Germany from 2024 to 2028. In 2023, the value stood at 365.00 million Euros. With year-on-year growth, the values are projected to rise to 371.15 million Euros in 2024, 377.44 million Euros in 2025, 383.68 million Euros in 2026, 389.84 million Euros in 2027, and 395.95 million Euros in 2028. The average annual growth rate (CAGR) over the five years is estimated to be around 1.63%, reflecting a stable upward trend in this market segment.
Key variations over the last two years show a steady growth trend. The market experienced a 1.69% increase from 2023 to 2024, followed by a 1.69% increase to 2025, a 1.65% increase to 2026, a 1.61% increase to 2027, and finally a 1.57% increase to 2028. This progressive but moderate growth highlights the resilience of consumer demand in the cosmetics sector despite potential market fluctuations.
Future trends to watch for:
- Increasing consumer demand for natural and organic make-up products.
- Technological advancements in make-up formulations and packaging.
- Influence of social media and beauty influencers driving market preferences.
- Sustainability initiatives and eco-friendly product development.