The economic forecast remains rather bleak for 2023, with inflation projected to remain well above usual levels and consumers feeling the burden of high energy bills. Nonetheless, while expected to be stable in 2023, compared with 2022, retail volume growth in colour cosmetics is expected to improve significantly as the forecast period progresses.
During economic downturns or recessions, Slovak consumers tend to look to economise and spend less. Hence, the demand for multiuse/hybrid colour cosmetics is set to thrive, in line with a growing preoccupation with performance and price.
During the review period, companies invested heavily to improve their digital presence. This trend is expected to continue with e-commerce well placed to gaining retail value share.
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Understand the latest market trends and future growth opportunities for the Colour Cosmetics industry in Slovakia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Colour Cosmetics industry in Slovakia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Colour Cosmetics
This is the aggregation of facial make-up, eye make-up, lip products, nail products and colour cosmetics sets/kits.
See All of Our DefinitionsThis report originates from Passport, our Colour Cosmetics research and analysis database.
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