The Eye Make-Up Preparations Market in Madagascar shows modest fluctuations from 2013 to 2023. In 2023, the market size stands at $0.013 per capita. Over the past two years, there has been no change from 2022 to 2023, resulting in a 0% year-on-year variation. The previous year (2021 to 2022) also showed no change, maintaining the trend. The compound annual growth rate over the last five years is approximately -0.83%, reflecting a slight decrease in per capita expenditure.
Future trends to watch for:
- Potential for growth with increased disposable income and urbanization in Madagascar.
- Growing interest in international beauty standards could drive demand.
- Rising e-commerce may enhance accessibility and influence purchasing habits.
| # | 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 | ||
| 40 | 40 Honduras | 0.67 | 2023 | View data | ||
| 41 | 41 Vietnam | 0.055 | 2023 | View data | ||
| 42 | 42 Madagascar | 0.013 | 2023 | |||