In 2023, the average expenditure per household in Canada on makeup, skin care, manicure, and fragrance products stood below 251.5 CAD. Forecasts from 2024 to 2028 show a very modest upward trend, with expenditures increasing marginally each year. Year-on-year variations are marginal, indicating a stable market without significant growth or decline over the forecast period. The 5-year CAGR from 2024 to 2028 suggests an almost negligible growth rate in expenditure per household.

Future trends to watch for:

Impact of sustainable and organic product demand on average expenditure.
Technological advancements in online retail and their influence on purchasing behaviors.
Economic factors and inflation rates potentially affecting discretionary spending.