The forecast for the import of lip make-up preparations to Brazil shows a steady growth trend. In 2023, the import volume stood lower than the 2024 forecast of 838.49 thousand kilograms. From 2024 to 2028, volumes are expected to increase annually, reaching 933.09 thousand kilograms by 2028. Year-on-year, the import volume grows at around 2.90% to 2.50%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.75%.
Future trends to watch for include:
- Shifts in consumer preferences influenced by global fashion trends.
- Potential trade policy changes impacting import dynamics.
- Emerging competition from local cosmetic manufacturers.
- Innovations in lip make-up product formulations driving demand.
