In Croatia, the lip and eye makeup market stood at 21.36 million Euros in 2023. The market has demonstrated a compound annual growth rate (CAGR) of 1.52% over the past five years. Recent trends indicate steady growth with a year-on-year increase of 1.65%, building upon the 1.71% year-on-year rise in 2022. Despite minor fluctuations, the market has shown resilience and gradual expansion, especially following the pandemic-induced decline in 2020.
Future trends to watch for:
- Increasing demand for organic and sustainable makeup products as consumers become more environmentally conscious.
- Technological innovation in product formulations and augmented reality solutions for virtual try-ons.
- Rising influence of social media platforms and beauty influencers driving market dynamics.
How does Croatia rank in Lip and Eye Make Up Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 279,530,000 | 2023 | +3.03% | +2.85% | View data |
| 2 | 2 Sweden | 60,690,000 | 2023 | +3.06% | +2.85% | View data |
| 3 | 3 Portugal | 53,292,000 | 2023 | +3.06% | +3.09% | View data |
| 4 | 4 Finland | 35,157,000 | 2023 | +0.57% | -2.69% | View data |
| 5 | 5 Romania | 26,811,000 | 2023 | -9.73% | -9.44% | View data |
| 6 | 6 Croatia | 21,360,000 | 2023 | +1.65% | +1.52% |
