From 2013 to 2023, the Turkish eye make-up preparations market displayed steady growth, increasing from 185.32 million USD to 304.85 million USD. The last two years showed an average year-on-year variation of 2.38% with a CAGR over the past five years standing at 2.55%. The forecast for 2024 and beyond suggests continued growth, reaching 341.04 million USD by 2028, with a projected 5-year CAGR of 1.77% and a cumulative growth rate of 9.15%.
Future trends to watch for include:
- Advances in product formulations and ingredient safety.
- Consumer preference shifts towards eco-friendly and sustainable products.
- The impact of digital marketing and influencer recommendations on consumer purchasing behavior.
- Potential regulatory changes affecting product compositions and market dynamics.
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