The Lip Make-Up Preparations Market in Ukraine showed a decline to $1.10 per capita in 2023, decreasing from $1.13 in 2022 and $1.16 in 2021. This represents a year-on-year decrease of approximately 2.7% from 2022 to 2023 and 2.6% from 2021 to 2022. Over the past five years, there was a negative CAGR of around 0.5% indicating a generally downward trend in per capita expenditure since 2018.
Future trends to watch for include market recovery opportunities driven by potential economic stabilization and increasing interest in beauty and personal care products among younger demographics, which could enhance per capita spending levels.
