Lipstick Market 2021: Rising Impressive Business Opportunities Analysis Forecast by 2027

The global lipstick market is driven by rising health consciousness among women across the globe, which is expected to increase demand for organic cosmetics products. As a result of escalating demand for organic cosmetics, companies across the globe are focusing on developing organic lipsticks. For instance, in October, 2017, Nykaa launched an organic lipstick, namely Organistick Lipstic which includes natural ingredients such as shea butter, argan oil, and jojoba oil.

Request for Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/3060

Lipsticks are available in various types such as crème, matte, shimmer/pearl/frost, luminous, and others. A standard lipstick is manufactured using ingredients such as pigments, oils, waxes, and emollients.

On the basis of product type, the global lipstick market is segmented into crème, long wearing, matte, and shimmer. Matte segment is expected to account for the highest revenue share in the global market over the forecast period. Moreover, key players are focused on launching new matte lipsticks in order to strengthen their market presence. For instance, in October, 2018, Nykaa cosmetics launched the Ultra Matte Lipstick, which contains Jojoba, Vitamin E, and Olive Oil.

On the basis of applicator, the market is segmented into palette, pencil, tube/stick and bottle with brush. Among these, the stick/tube segment, followed by bottle with brush applicator segment, is expected to witness significant growth owing to high acceptance of stick/tube lipstick applicators among the consumer base.

On the basis of region, Asia Pacific market is expected to account for the highest revenue share in the global market over the forecast period, owing to the rapidly expanding cosmetics & personal care industry in the Asia Pacific region. According to Beauty World ME, which is brand of Messe Frankfurt, trade fair, congress and event organizer, in 2016, the Asia Pacific beauty market was valued at US$ 141 billion. Therefore, the rising beauty market in the region is expected to propel the global lipstick market growth over the forecast period.

Key Players:-

Key players in the global lipstick market include L'Oréal S.A, Shiseido Company, The Estée Lauder Companies Inc., Coty, Inc., Revlon, Inc., Avon Products, Inc., AmorePacific Corporation, Oriflame Holding AG, Chanel S.A., Christian Dior SE, and others.

Market Taxonomy:-

On the basis of product type, the global lipstick market is segmented into:

Crème
Long-wearing
Matte
Shimmer

On the basis of applicator, the global lipstick market is segmented into:

Palette
Pencil
Tube/ Stick
Bottle with Brush

On the basis of distribution channel, the global lipstick market is segmented into:

Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Departmental Stores
Online Stores

Buy this premium Report @ https://www.coherentmarketinsights.com/insight/buy-now/3060

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

This release was published on openPR.