| Product Code: ETC9468149 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka face makeup market witnessed a significant import trend, with a growth rate of 50.71% from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at 29.41%. This surge could be attributed to shifting consumer preferences towards international beauty brands and increased disposable income driving imports.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Face Makeup Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Face Makeup Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Face Makeup Market - Industry Life Cycle |
3.4 Sri Lanka Face Makeup Market - Porter's Five Forces |
3.5 Sri Lanka Face Makeup Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Sri Lanka Face Makeup Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Sri Lanka Face Makeup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Sri Lanka |
4.2.2 Growing awareness about beauty and makeup trends |
4.2.3 Influence of social media and beauty influencers on consumer preferences |
4.3 Market Restraints |
4.3.1 High import taxes on cosmetics impacting product pricing |
4.3.2 Limited availability of premium international makeup brands in the Sri Lankan market |
4.3.3 Cultural norms and preferences influencing makeup usage patterns |
5 Sri Lanka Face Makeup Market Trends |
6 Sri Lanka Face Makeup Market, By Types |
6.1 Sri Lanka Face Makeup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Face Makeup Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Sri Lanka Face Makeup Market Revenues & Volume, By Sheet Mask, 2022-2032F |
6.1.4 Sri Lanka Face Makeup Market Revenues & Volume, By Clay Mask, 2022-2032F |
6.1.5 Sri Lanka Face Makeup Market Revenues & Volume, By Peel-off Mask, 2022-2032F |
6.1.6 Sri Lanka Face Makeup Market Revenues & Volume, By Cream Mask, 2022-2032F |
6.2 Sri Lanka Face Makeup Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Face Makeup Market Revenues & Volume, By Supermarkets, 2022-2032F |
6.2.3 Sri Lanka Face Makeup Market Revenues & Volume, By Specialty Stores, 2022-2032F |
6.2.4 Sri Lanka Face Makeup Market Revenues & Volume, By Online Retail Stores, 2022-2032F |
6.2.5 Sri Lanka Face Makeup Market Revenues & Volume, By Other, 2022-2032F |
7 Sri Lanka Face Makeup Market Import-Export Trade Statistics |
7.1 Sri Lanka Face Makeup Market Export to Major Countries |
7.2 Sri Lanka Face Makeup Market Imports from Major Countries |
8 Sri Lanka Face Makeup Market Key Performance Indicators |
8.1 Number of beauty and makeup workshops/seminars conducted in Sri Lanka |
8.2 Growth in the number of beauty influencers collaborating with local makeup brands |
8.3 Increase in the number of beauty and makeup-related social media posts by Sri Lankan consumers |
9 Sri Lanka Face Makeup Market - Opportunity Assessment |
9.1 Sri Lanka Face Makeup Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Sri Lanka Face Makeup Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Sri Lanka Face Makeup Market - Competitive Landscape |
10.1 Sri Lanka Face Makeup Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Face Makeup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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