The Lip Make-Up Preparations Market in Switzerland experienced moderate fluctuations from 2012 to 2022, with a steady growth from 2012 to 2017, peaking at 8.89 USD per capita, followed by a slight dip in 2018 and 2020. In 2021 and 2022, the market stabilized around 8.7 USD per capita, marking a clear recovery from the decline seen during the pandemic. The year-on-year growth from 2021 to 2022 was approximately 0.23%. The 5-year CAGR from 2018 to 2022 is around 0.84%, reflecting a stable yet modestly growing market.
Future trends to watch for include increasing demand for sustainable and organic products, innovations in product formulations, and growing online sales channels, which could influence market dynamics significantly. Monitoring shifts in consumer preferences towards natural ingredients and eco-friendly packaging will be essential.
| # | 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 | ||
| 10 | 10 Sweden | 9.46 | 2023 | View data | ||
| 11 | 11 South Korea | 8.93 | 2023 | View data | ||
| 12 | 12 Switzerland | 8.74 | 2023 | |||
| 13 | 13 Finland | 7.83 | 2023 | View data | ||
| 14 | 14 Bahrain | 7.39 | 2023 | View data | ||