The Eye Make-Up Preparations Market in Sweden exhibited fluctuations over the past decade, starting at $151.39 million in 2012 and reaching $151.77 million by 2022. After an initial increase to $170.06 million in 2013, the market demonstrated variability with modest growth and contractions. Specifically, the market grew by 12.33% in 2013, followed by slight downturns and upturns until 2017. Significant declines were noticed in 2018 and 2019, with the market contracting by 7.73% and 12.3%, respectively. Despite a mild rebound in 2020, recent years saw stabilization yet a slight continued decline. The Compound Annual Growth Rate (CAGR) over the last five years was negative at -3%, highlighting a challenging market environment.
Looking ahead, several trends require close monitoring in the Eye Make-Up Preparations Market:
- Shifts in consumer preferences towards natural and organic products.
- Increased e-commerce penetration impacting traditional retail sales.
- Innovative product developments and launches by leading brands.
- Macroeconomic factors, including disposable income levels and economic stability.
- Impact of sustainability and ethical considerations on purchasing behavior.
How does Sweden 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% | View data |
| 5 | 5 Canada | 1,056,500,000 | 2023 | +2.11% | +2.2% | View data |
| 13 | 13 United Arab Emirates | 202,960,000 | 2023 | +0.98% | +1.19% | View data |
| 14 | 14 Colombia | 170,180,000 | 2023 | +1.56% | +1.7% | View data |
| 15 | 15 Sweden | 164,630,000 | 2023 | +2.44% | +0.19% | |
| 16 | 16 Norway | 121,830,000 | 2023 | +0.67% | +0.98% | View data |
| 17 | 17 Austria | 114,900,000 | 2023 | +0.61% | -0.6% | View data |