The Eye Make-Up Preparations Market in Mexico has shown fluctuations over the last decade, with values ranging from $1.89 in 2012 to $2.21 in 2022 USD Per Capita. The year-on-year variation in 2022 was an increase of approximately 1.4% from the previous year. Over the last five years, the market has experienced a compound annual growth rate (CAGR) of 1.4%, indicating gradual growth despite some year-to-year volatility.
Key Trends from 2012-2022:
- Peaks and troughs, with a notable low in 2016 at $1.90 and peaks in 2017 at $2.28.
- The market witnessed a decline in 2019 and 2020, possibly due to economic factors and the pandemic impact.
- Since 2021, there has been a steady increase leading to $2.21 in 2022.
Future Trends to Watch For:
As we move into 2024 and beyond, factors such as increased consumer interest in premium products, technological advancements in product formulation, and an expanding e-commerce market are expected to drive growth. Stakeholders should also watch for potential economic changes and evolving consumer preferences that could impact market dynamics.
| # | 42 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 28.1 | 2023 | View data | ||
| 2 | 2 Norway | 22.37 | 2023 | View data | ||
| 3 | 3 United Kingdom | 21.74 | 2023 | View data | ||
| 4 | 4 Australia | 20.59 | 2023 | View data | ||
| 5 | 5 Iceland | 18.52 | 2023 | View data | ||
| 31 | 31 Guatemala | 2.54 | 2023 | View data | ||
| 32 | 32 El Salvador | 2.53 | 2023 | View data | ||
| 33 | 33 Mexico | 2.23 | 2023 | |||
| 34 | 34 Peru | 2.09 | 2023 | View data | ||
| 35 | 35 Malaysia | 1.94 | 2023 | View data | ||