The eye make-up preparations market size value per capita in Chile is projected to increase from $5.75 in 2024 to $6.12 in 2028. In 2023, the value stood at $5.67 USD per capita, indicating a consistent upward trend. The year-on-year growth rate shows a modest increase: 1.6% from 2024 to 2025, 1.5% from 2025 to 2026, 1.7% from 2026 to 2027, and 1.5% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 1.52% per year.
Future trends to watch for include:
- Potential shifts in consumer preferences towards more natural and organic eye make-up products.
- Impact of global and local economic conditions on consumer spending power.
- Advancements in product formulations and innovations.