Market Insights Consumer Beauty & Personal Care Cosmetics

Eye Cosmetics - Ecuador

Ecuador

In Ecuador, the revenue in the Eyes market is projected to reach €43.62m in 2024.
According to forecasts, this market segment is expected to grow annually by 2.70% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this market, reaching €4,722m in 2024.
Taking into account the total population, the per person revenue in Ecuador for the Eyes market is estimated to be €2.37 in 2024.
In Ecuador, there is a growing trend of people opting for natural remedies and traditional herbal treatments to improve their eye health.

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

Marché

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Comparaison de régions

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Methodology

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.