Market Insights Consumer Beauty & Personal Care Cosmetics

Eye Cosmetics - Portugal

Portugal

In Portugal, the revenue in the Eyes market for 2024 is estimated to reach US$35.36m.
It is projected to experience an annual growth rate of 0.14% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads in terms of revenue generation, with an expected revenue of US$5,092m in 2024.
Additionally, in 2024, the per person revenue in Portugal amounts to US$3.46, when considering the total population figures.
In Portugal, the trend in the eyes market is a growing demand for natural and organic eye care products.

Key regions: India, Malaysia, United States, South Korea, Canada

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.