The Eye Make-Up Preparations Market in Germany has exhibited moderate growth overall from 2012 to 2022. The market size value rose from $834.32 million in 2012 to $1271.2 million in 2022. This increase indicates a cumulatively positive trend, despite some fluctuations. Notably, there was a significant year-on-year growth of 23.52% in 2013, but the subsequent growth rates were more modest, averaging around 2-6% year-on-year, with a temporary decline of -3.28% in 2020, likely influenced by the global pandemic. The last two years showed variations of 1.68% in 2022 and 7.1% in 2021. The Compound Annual Growth Rate (CAGR) over the past five years stands at 2.21%.
Future trends to watch for include increased demand for organic and natural products, technology integration in cosmetology, and the rising influence of social media on consumer purchasing patterns. These factors are expected to drive growth in the eye make-up preparations market in the coming years.
How does Germany rank in Eye Make-Up Preparations Market Size Value?
# | 48 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 10,452,000,000 | 2023 | +3.21% | +3.5% | View data |
2 | 2 Japan | 1,536,100,000 | 2023 | +2.96% | +1.8% | View data |
3 | 3 United Kingdom | 1,465,000,000 | 2023 | +1.19% | +1.98% | View data |
4 | 4 Germany | 1,291,800,000 | 2023 | +1.62% | +1.53% | |
5 | 5 Canada | 1,056,500,000 | 2023 | +2.11% | +2.2% | View data |
6 | 6 Italy | 957,190,000 | 2023 | +0.91% | +0.27% | View data |