Lip Gloss Market Expected to Achieve 6.1% CAGR by 2029: Growth Forecast Insights

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How Large Will the Lip Gloss Market Size By 2025?
In the past few years, the lip gloss market has seen substantial growth. The market size is projected to increase from $3.77 billion in 2024 to $3.99 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. This growth during the historical period can be ascribed to several factors including the growth of retail and beauty supply stores, the expansion of online beauty communities, increased interest in mix-and-match beauty products, an increase in cosmetic advertising, and a rise in disposable income.

How Big Is the Lip Gloss Market Size Expected to Grow by 2029?
Predictions suggest a robust surge in the size of the lip gloss market in the forthcoming years, with an expansion to $5.05 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.1%. This projected growth in the stipulated period is credited to an increased demand for beauty products, enhanced consciousness of personal grooming, a rise in the number of beauty salons, amplified purchasing power among the female demographic, heightened awareness of skin-friendly elements, and an escalated demand for customizable lip gloss. Significant trends anticipated during the forecast period encompass technological progress, cruelty-free concoctions, augmented reality, refillable lip gloss items, and custom lip products.

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Which Key Market Drivers Powering Lip Gloss Market Expansion and Growth?
The expansion of the lip gloss market is being fueled by the flourishing cosmetics sector. This industry, focused on creating, producing, marketing, and distributing personal care items and beauty enhancing products, has been on the rise owing to elements such as innovation, social media impact, consumer demand growth, digital marketing, and a heightened emphasis on environmentally friendly and sustainable goods. Lip gloss, which adds a shimmering, glossy finish to lips and a touch of understated color for a youthful, fresh aesthetic and adaptable makeup looks, is a key element of the cosmetics industry. For instance, the Cosmetic Toiletry and Perfumery Association (CTPA), a trade association based in the UK, reported that sales of color cosmetics rose to 118.17 million from 112.26 million units in 2021, and skincare product sales went up from 461.47 million units in 2021 to 479.57 million units in 2022. Therefore, the booming cosmetics sector is a key driver of lip gloss market growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Lip Gloss Market?
Prominent businesses in the lip gloss market are putting their efforts into creating innovative items such as non-sticky mixtures that offer a comfortable, smooth sensation along with long-lasting moisturization and glossiness. Non-sticky, multipurpose lip gloss mixtures refer to goods that utilize advanced components to present a shiny finish without any sticky feel, making them suitable for application not just on the lips but possibly other facial areas for multi-faceted beauty uses. For example, in May 2022, 'Gloss It' lip gloss was introduced by Thread Beauty, an American cosmetic firm. This formula uniquely combines advanced vegan ingredients to present a light, glossy output without any stickiness. Purposed for use on lips, eyes, and cheeks, it signifies the latest formulation practices for adaptability and ease, ultimately providing a nourishing, superior cosmetic which intensifies overall visual attractiveness.

What Are the Emerging Segments in the Lip Gloss Market?
The lip glossmarket covered in this report is segmented -

1) By Finish: Glossy, Matte, Glitters, Other Finishes
2) By Category: Conventional, Organic And Natural
3) By Distribution Channel: Supermarkets Or Hypermarkets, Beauty Stores, Specialty Stores, Online Platform, Other Channels

Subsegments:
1) By Glossy: High-Shine Lip Glosses, Ultra-Gloss Lip Glosses
2) By Matte: Velvet Matte Lip Glosses, Soft Matte Lip Glosses
3) By Glitters: Sparkling Lip Glosses, Glitter-Infused Lip Glosses
4) By Other Finishes: Sheer Finish Lip Glosses, Metallic Finish Lip Glosses, Satin Finish Lip Glosses

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Who Are the Global Leaders in the Lip Gloss Market?
Major companies operating in the lip gloss market are Procter & Gamble Co., L'Oréal S.A., Neutrogena Corporation, The Estée Lauder Companies Inc., Chanel S.A., Shiseido Company Limited, Coty Inc., Avon Products Inc., Giorgio Armani S.p.A., Makeup Art Cosmetics (MAC), Revlon Group LLC, Oriflame Cosmetics Global SA, Burt's Bees LLC, Maybelline LLC, Kendo Holdings Inc., NARS Cosmetics Inc., ColourPop Cosmetics LLC, Bourjois S.A., Elizabeth Arden Inc., Bo International Ltd., MPlus Cosmetics, Auraline Beauty

Which are the Top Profitable Regional Markets for the Lip Gloss Industry?
North America was the largest region in the lip gloss market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lip gloss market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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