The Lip Make-Up Preparations market in Peru has seen a gradual increase in per capita value from 2013 to 2023, reaching $2.59. The year-on-year growth rate from 2022 to 2023 was approximately 3.19%, showcasing a strong recovery post-2020 dip. Over the past five years, the compound annual growth rate (CAGR) is around 2.51%, illustrating consistent growth. Notable increases were observed between 2016 and 2017, reflecting a burgeoning market.
Future trends to watch for include increased demand for natural and organic products, potential impacts from economic fluctuations, and shifts in consumer preferences driven by global beauty trends. Observing emerging technologies within the beauty industry could further influence this market.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.21 | 2023 | View data | ||
| 2 | 2 Canada | 22.5 | 2023 | View data | ||
| 3 | 3 United Kingdom | 19.02 | 2023 | View data | ||
| 4 | 4 Australia | 17.5 | 2023 | View data | ||
| 5 | 5 Iceland | 13.44 | 2023 | View data | ||
| 24 | 24 Ecuador | 2.97 | 2023 | View data | ||
| 25 | 25 Mauritius | 2.71 | 2023 | View data | ||
| 26 | 26 Peru | 2.59 | 2023 | |||
| 27 | 27 Colombia | 2.41 | 2023 | View data | ||
| 28 | 28 Bulgaria | 2.12 | 2023 | View data | ||
