Lipstains Market Size, Share & Forecast Analysis

The new report published by The Business Research Company, titled ""Lip Stain Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the lip stain market size has grown strongly in recent years. It will grow from $6.50 billion in 2023 to $6.99 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The lip stain market size is expected to see strong growth in the next few years. It will grow to $9.49 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.

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The Surge In Personal Grooming Awareness Boosts Lip Stain Market Growth
The increasing awareness of personal grooming is expected to propel the growth of the lip stain market going forward. Personal grooming refers to keeping one's body clean, maintaining hygiene, having well-groomed nails and hair, avoiding body odor, and dressing appropriately. Personal grooming is increasing due to several factors, including social norm shifts, a growth in awareness of the advantages of skincare products, and the popularity of social media and selfies. Lip stain is used in personal grooming because it provides a convenient, long-lasting, and natural-looking solution for enhancing the lips, contributing to an individual's overall appearance and self-expression. For instance, in October 2022, a survey of 1000 men and women in the US conducted by the New York Post, a US-based newspaper, about the differences in how both genders take care of their hygiene discovered that while 73% of men and women stated taking care of their hygiene is simple, only one in ten women agreed. The majority of people (90%) favor washing their hands and bodies over brushing their teeth (87%) or using deodorant (84%). Men are more likely to maintain a schedule for trimming their nails (69%) and shaving their faces (74%). In contrast, women are more likely to prioritize bathing their 'intimate areas' (85%) and their skincare regimen (84%). Furthermore, in May 2022, according to the International Trade Administration, a US-based intergovernmental organization, In 2021, the Canadian cosmetics business is expected to earn approximately $1.24 billion. Revenue in the industry is expected to grow by 1.45% per year to $1.8 billion by 2024. Thus, the increasing awareness of personal grooming is driving the lip stain market.

Innovative Beauty Desert Rose Lip And Cheek Oil Stain Takes Center Stage
Major companies operating in the lip stain market are focusing on innovative new products, such as desert rose lip and cheek oil stains, to gain a competitive edge in the market. Desert rose lip and cheek oil stain refers to a beauty and multi-use product that can be used as a blush oil and a moisturizing lip color. It is inspired by the desert roses and cactus of the Sonoran desert and is made with a blend of organic cactus oils, including cactus flower and jojoba. For instance, in July 2022, ĀTHR Beauty, a US-based beauty products company, launched a desert rose lip and cheek oil stain. This innovative product is designed to dry down to a buildable stain without the drying side effects of a conventional stain and is made with a blend of organic cactus oils, including cactus flower and jojoba. It also features ethically harvested candelilla wax to soften the lips. Additionally, it is a versatile and nourishing cosmetic product that offers a natural and customizable color for the lips and cheeks.

The lip stain market covered in this report is segmented -

1) By Type: Liquid, Pencil, Other Types
2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Retail, Other Distribution Channels
3) By Application: Daily Use, Performing Use

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Major companies operating in the lip stain market are LVMH Moët Hennessy Louis Vuitton, L'Oréal Group, Estée Lauder Companies, Chanel Inc., Shiseido Group, Sephora Collection, Neutrogena Corp., Amorepacific Corporation, Avon Products Inc., Maybelline New York , Kosé Corporation, Revlon Inc., Rom&nd Inc., Elf Cosmetics, NYX Professional Makeup Co., Essence Cosmetics Ltd., Urban Decay Cosmetics Co., Charlotte Tilbury Beauty Ltd., Colourpop Cosmetics LLC, CoverGirl , Milani Cosmetics LLC, Glossier Inc., Natasha Denona Makeup LLC , Pat McGrath Labs, Wet'n'Wild Sydney Pty Ltd.

Contents of the report:
1. Executive Summary
2. Lip Stain Market Report Structure
3. Lip Stain Market Trends And Strategies
4. Lip Stain Market - Macro Economic Scenario
5. Lip Stain Market Size And Growth
…..
27. Lip Stain Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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