Economic growth is expected to stabilise from 2024 with inflation cooling down after two years of high growth. However, with government measures expected to be phased out in 2024, energy prices are projected to rise, especially in the first quarter, and purchasing power will remain under pressure.
Following two years of high inflation, Slovak consumers are more budget-conscious and this has affected their purchasing behaviour. The popularity of discounters in beauty and personal care has also increased with this channel gaining marginal share in colour cosmetics.
Colour cosmetics in Slovakia will continue to be driven by product innovations over the forecast period. Social media and influencers have a strong impact on the world of colour cosmetics, and this is of equal relevance in Slovakia.
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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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