Lipstick Market 2021 Emerging Trends, Top Brands and Precise Outlook – LOreal Group, PG, Estee Lauder, Relvon, LVMH, Shiseido, Chanel, ROHTO, Beiersdorf
“The Global Lipstick Market was valued at USD 14.41 billion in 2019 and is projected to reach USD 21.06 billion by 2027, growing at a CAGR of 5.24% from 2020 to 2027”
Top leading Manufacturers Profiled in Lipstick Market Report are: LOreal Group, PG, Estee Lauder, Relvon, LVMH, Shiseido, Chanel, ROHTO, Beiersdorf, DHC, Johnson& Johnson, Avon, Jahwa, JALA
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Shoppers Stop launches new campaign for Lipstick Day, ‘My Magic Stick’- Shoppers Stop, India’s leading fashion and beauty destination has taken Lipstick Day a notch higher this year with the launch of its new innovative campaign, My Magic Stick! Starting from 26th to 29th July 2021, the brand will be celebrating the empowering nuances of a lipstick. Lipstick is one of the most used beauty products and is the easiest way to change your look from, “office look” to “party look”. Lipstick weaves magic with its multi-purpose function as a blush, eye shadow, eyeliner, under eye-concealer, and a lot more. It is no more just a stick for the lips; it is a sassy and inspiring tool. One can curate different makeup looks and flaunt their creativity with a lipstick. With its new campaign, the brand is taking a fresh approach on diverse role of a lipstick especially in the current situation where masks are a norm. Reputed brands such as MAC, Bobbi Brown, Loreal, Maybelline, Lakme among others shall host exciting deals and offers.
Based on the applicator, the tube/stick applicator segment dominated the market in 2018, accounting for 60.9% of the global revenue. Consumer prefers this applicator due to its easy application and easy convenient carry features. On the other hand, the liquid segment is projected to register the fastest CAGR of 7.9% from 2019 to 2025. Growing trend of matte finish and glitter finish product has been accelerating the growth of the liquid lipstick market.
Lipstick can be defined as a cosmetic product that is made up of oils, waxes, pigments, and emollients. This cosmetic product is applied in order to be able to provide color, protection, as well as texture to the lips. Lipsticks often times, based on the company, come in a variety of colors. Lipstick is a cosmetic product containing pigments, oils, waxes, and emollients that apply color, texture, and protection to the lips. Lipsticks also act as a type of lip balm, by providing lip balms, by adding both hydrations as well as color to the lips. Lipstick is most often, but not exclusively worn by women and can be defined as one of the most commonly used makeup products in the world.
Rising health consciousness among the consumers and awareness about the benefits of organic cosmetics are fueling the demand for natural and organic lip color products. Presence of high anti-oxidant in natural and organic products helps in repairing skin cell’s damage. This beneficial feature is expected to prompt the product’s consumption in the near future. Companies including Antipodes and Origins Natural Resources, Inc. launched natural and flower based lip colors in 2018.
A large number of products are introduced in the liquid form as it is well suited for the matte and glitter lip colors. For instance, in July 2018, Lakmé Cosmetics launched Matte Melt Liquid Lip Color in various shades including peach rose, mulberry feast, red smoke, firestarter red, and vintage pink. Similarly, in December 2018, Zara launched its new collection of matte liquid lip colors. This product line has a velvety texture, which prevents the lip from drying.
Global Lipstick Market Split by Product Type and Applications:
Market Research Study Focus on these Types:
Market Research Study Focus on these Applications:
Regional Analysis for Lipstick Market:
For a comprehensive understanding of market dynamics, the global Lipstick market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
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What is the Impact of Covid-19 Outbreak on the Lipstick ?
- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Lipstick.
- Lipstick Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.
Frequently Asked Questions about the Lipstick market:
- What are the recent developments and government policies?
- What are the top trends in the Lipstick market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Lipstick market?
- Which region would offer high growth for vendors in the market?
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The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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