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Global Lipstick Market Set to Reach US$ 15.48 Billion by 2030, Growing at a CAGR of 5.5%

11-26-2024 11:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Lipstick Market

Lipstick Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ) - ๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ, ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ & ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The global lipstick market is poised for significant growth, with projections showing a rise from US$ 10.64 billion in 2023 to US$ 15.48 billion by 2030, growing at a CAGR of 5.5%. This growth is being driven by several factors, including rising demand among young women, increased purchasing power, and the booming e-commerce market. The global market dynamics are also influenced by regional developments, including mergers and acquisitions in countries like Vietnam, Thailand, Japan, South Korea, and the United States.

Here's a closer look at the latest trends, mergers, and market dynamics across different regions:

๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ: ๐€ ๐๐จ๐จ๐ฆ๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

The lipstick market continues to thrive, particularly in regions like Asia Pacific and North America. Increased disposable income, changes in consumer behavior, and a growing inclination towards appearance consciousness are fueling demand.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

The market is expected to grow due to several driving factors, including the expanding consumer base, a surge in social media advertising, and increased product availability. In particular, lipstick manufacturers are reaching wider audiences through platforms such as Facebook, Instagram, and YouTube.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Several major industry players have recently merged or made strategic acquisitions to boost their market presence. For instance, L'Orรฉal and Estee Lauder have continued to enhance their portfolios through acquisitions of local and global cosmetic brands. Shiseido and Chanel have expanded their distribution channels to meet the growing demand in emerging markets, particularly in Asia and the US.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ ๐›๐ฒ ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ

Vietnam and Thailand: Both countries have seen an uptick in the demand for premium and matte lipsticks due to changing lifestyles and rising awareness of personal grooming.
Japan and South Korea: The influence of K-beauty and J-beauty has led to high demand for lip products. There has been a shift towards long-wearing and cream-based lipsticks, favored for their smooth application and diverse range of colors.
United States and Europe: North America remains one of the largest markets, driven by a high concentration of established brands and a trend toward cruelty-free and sustainable products. The European market, particularly in countries like France and Italy, is characterized by a preference for luxury lip products and a focus on brand legacy.

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐„-๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐จ๐ง ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Online shopping has become a major driver of growth, especially for younger demographics. The convenience of home delivery, combined with attractive discounts and a variety of brands, is expected to propel online sales. E-commerce platforms, particularly in the Asia Pacific region, are benefiting from the increasing penetration of smartphones.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ญ๐ญ๐ž ๐š๐ง๐ ๐‚๐ซ๐ž๐š๐ฆ ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค๐ฌ

The matte lipstick segment is growing rapidly, with consumers opting for long-lasting options that require minimal touch-ups. Cream lipsticks, favored by younger women, offer a mix of matte and glossy finishes, making them suitable for a variety of occasions.

๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐„๐ญ๐ก๐ข๐œ๐š๐ฅ ๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ ๐ข๐ง ๐‹๐ข๐ฉ๐ฌ๐ญ๐ข๐œ๐ค ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

Consumers are increasingly concerned about the ingredients used in cosmetic products. Companies are responding by adopting more sustainable and ethical practices in lipstick production, with a focus on bio-based and cruelty-free formulas.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ: ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐“๐จ๐ฑ๐ข๐œ ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ๐ฌ

Despite the overall growth, the presence of harmful substances in some lipsticks continues to be a concern for consumers. Additionally, as the geriatric population grows, there's a shift away from appearance-focused products among older women, which may dampen market growth in some regions.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/contact-us/

๐„๐ฆ๐›๐ž๐๐๐ž๐ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง :

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Matte
Cream
Satin
Long Wearing
Other

๐›๐ฒ ๐€๐ ๐ž

Group Below 18
18-30
30-40
40-50
Above 50

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Supermarkets / Hypermarkets

Departmental/Grocery Stores
Multi Branded Retail Stores
Online Store
Others

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/3252/

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ฆ๐›๐ž๐๐๐ž๐ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

1. L'oreal
2. Estee Lauder
3. Relvon
4. Lvmh
5. Shiseido
6. Chanel
7. Rohto
8. Beiersdorf
9. Dhc
10. Johnson & Johnson
11. Avon
12. Jahwa
13. Jala

๐†๐ž๐ญ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐ญ๐จ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐„๐ฆ๐›๐ž๐๐๐ž๐ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

What is Lipstick ?
What is the growth rate of the Lipstick Market?
Which are the factors expected to drive the Lipstick market growth?
What is the CAGR at which the Lipstick market will grow during the forecast period?
What are the different segments of the Lipstick Market?
Which is the fastest growing region in the Lipstick market?
What growth strategies are the players considering to increase their presence in Lipstick ?
What are the upcoming opportunities and trends for the Lipstick Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Lipstick Market?
Who are the leading companies and what are their portfolios in Lipstick Market?
What segments are covered in the Lipstick Market?
Who are the key players in the Lipstick market?

๐†๐š๐ข๐ง ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/3252/

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :

Past Size and Competitive Landscape
โ€ข Past Pricing and price curve by region
โ€ข Size, Share, Size Forecast by different segment
โ€ข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Segmentation A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape Profiles of selected key players by region from a strategic perspective

โ™ฆ ๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

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โ™ฆ App Analytics Market https://www.maximizemarketresearch.com/market-report/global-app-analytics-market/24816/

โ™ฆ Encoder Market https://www.maximizemarketresearch.com/market-report/global-encoder-market/34930/

โ™ฆ Global Oral Clinical Nutrition Supplements Market https://www.maximizemarketresearch.com/market-report/global-oral-clinical-nutrition-supplements-market/42116/

โ™ฆ Global Duplex Stainless Steel Market https://www.maximizemarketresearch.com/market-report/global-duplex-stainless-steel-market/32100/

โ™ฆ Global Triacetin Market https://www.maximizemarketresearch.com/market-report/global-triacetin-market/33334/

โ™ฆ Remote Desktop Software Market https://www.maximizemarketresearch.com/market-report/remote-desktop-software-market/145737/

๐‘๐ž๐š๐œ๐ก ๐Ž๐ฎ๐ญ ๐ญ๐จ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐จ๐ซ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
sales@maximizemarketresearch.com
www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range ofโ€ฆ
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR โ€ฆ
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizesโ€ฆ

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More Releases for Lipstick

03-28-2025 | Fashion, Lifestyle, Trends
Allied Market Research
Global Lipstick Market Forecast: $15.6 Billion by 2033, Driven by Matte Lipstick
The global industry is intended to gain a value of $15.6 billion by 2033, up from an estimated $9.5 billion in 2023. This represents a noteworthy CAGR of 5.1% during the forecast period from 2024 to 2033. Allied Market Research has released a new report on the lipstick market. As per the report, " Lipstick Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, by Form, by Distributionโ€ฆ
11-12-2024 | Consumer Goods & Retail
Expert Market Research
Lipstick Market Size, Share, Trends & Growth 2024-2032
The lipstick market has been a staple in the beauty industry for decades and continues to grow due to evolving consumer preferences and innovations in cosmetic formulations. With an estimated market value of USD 9.75 billion in 2023, the lipstick market is poised to expand significantly over the next decade. Projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2032, the market is expectedโ€ฆ
08-31-2020 | Advertising, Media Consulting, โ€ฆ
GLOBAL INFO RESEARCH
Luxury Lipstick Industry Data Statistics Analysis by 2020-2025
Market Overview The Luxury Lipstick market reportย provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. The global Luxury Lipstick market size is expected to gain market growth in the forecast periodโ€ฆ
01-15-2020 | Fashion, Lifestyle, Trends
HTF Market Intelligence Consulting Pvt. Ltd.
Lipstick Market Now Even More Attractive, 2020 Fact book
A new research study from HTF MI with title Global Lipstick Market Insights, Forecast to 2025 provides an in-depth assessment of the Lipstick including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Lipstick market till 2025. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1496607-global-lipstick-market-14 If you are involved in the Lipstick industry or intend to be, then this study will provideโ€ฆ
10-08-2019 | Advertising, Media Consulting, โ€ฆ
LP INFORMATION
Global Luxury Lipstick Market Growth 2019-2024
LP INFORMATION offers a latest published report on Luxury Lipstick Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Luxury Lipstick market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,โ€ฆ
09-27-2019 | Advertising, Media Consulting, โ€ฆ
LP INFORMATION
Global Luxury Lipstick Market Growth 2019-2024
LP INFORMATION offers a latest published report on Luxury Lipstick Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Luxury Lipstick market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,โ€ฆ