The Skin Care Powders and Make-Up Powders market in Chile exhibited fluctuating trends over the past decade. From 2012 to 2015, the market experienced a gradual decline, reaching its lowest point in 2015. This was followed by a notable recovery in 2016 and modest growth in 2017. However, the market value saw a decline again in subsequent years, with a slight recovery in 2021 driven by a 5.18% year-on-year increase. The compound annual growth rate (CAGR) for the past five years was generally negative, indicating a downturn in overall market size.
Future trends to watch for include increasing consumer demand for eco-friendly and natural ingredients, technological advancements in product formulation, and the growing influence of digital marketing and e-commerce. These factors are likely to shape the market dynamics and potentially foster gradual market recovery and growth in the coming years.
How does Chile rank in Skin Care Powders, Make-Up Powders Market Size Value?
| # | 38 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 5,038,100,000 | 2023 | +3.14% | +3.43% | View data |
| 2 | 2 Japan | 840,830,000 | 2023 | +1.14% | +0.59% | View data |
| 3 | 3 Italy | 415,180,000 | 2023 | +1.72% | +0.65% | View data |
| 4 | 4 Germany | 402,990,000 | 2023 | +0.96% | +0.21% | View data |
| 5 | 5 Australia | 267,070,000 | 2023 | +2.39% | +3.03% | View data |
| 21 | 21 Switzerland | 31,189,000 | 2023 | -0.4% | -0.86% | View data |
| 22 | 22 Ukraine | 30,888,000 | 2023 | -1.42% | +2.21% | View data |
| 23 | 23 Chile | 27,348,000 | 2023 | -0.072% | -0.31% | |
| 24 | 24 Guatemala | 23,758,000 | 2023 | +1.39% | +0.67% | View data |
| 25 | 25 Denmark | 22,648,000 | 2023 | -3.87% | -2.9% | View data |
