Lipstick Market Is Registering a CAGR of 6.4% over the forecast period, And anticipated to reach the market value of US$9530.2 million in the year 2027 from US$ 6255 million in the year 2021.
A Lipstick Market is a cosmetic product which consists of waxes, oils, pigments and emollients which apply texture, color and protection to lips.The factors fueling the demand for organic and natural lip color products are awareness about the benefits of organic cosmetics and realization of the same among the consumers.
Increase in the number of working women along with urbanization across the globe is a major contributing factor to this market. Consciousness regarding their physical appearance coupled with increasing buying power of women has contributed largely in the increasing demand of the lipsticks. Social media marketing along with immersive e-commerce shopping experience has brought several changes in the market and has fueled the market demand for lipsticks.
Top Key players in the Lipstick Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Lipstick Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes LOreal Group, PG, Estee Lauder, Relvon, LVMH, Shiseido, Chanel, ROHTO, Beiersdorf, DHC, Johnson& Johnson, Avon, Jahwa, JALA,Shiseido Company, Limited; 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.
The key players in the global lipstick market are HCP, Worldwide packaging, LIBO, Alba and ILEOS who take up around 45% of the total market share. Europe is the prominent region that occupies around 40% of the total market share.
Lipstick Market is segmented based on the type, applications, companies and regions.
By Type, Lipstick Market has been segmented into
The end user’s industry application on Lipstick Market is
The report offers in-depth assessment of the growth and other aspects of the Lipstick Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
APAC is the leader of the lipstick market in A previous Year while In India and China have largely contributed to the development of lipstick market.
The Lipsticks market in the U.S. is estimated at US$3.8 Billion in the year 2021. China, the world`s second largest economy, is forecasted to reach a projected market size of US$3.5 Billion by the year 2027 trailing a CAGR of 7.3% over the analysis period. Among other noteworthy geographic markets are Japan and Canada, each forecasted to grow at 2.7% and 4.3% respectively over the analysis period. Within Europe, Germany is forecasted to grow at approximately 3% CAGR.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 6.4% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| LOreal Group, PG, Estee Lauder, Relvon, LVMH, Shiseido, Chanel, ROHTO, Beiersdorf, DHC, Johnson& Johnson, Avon, Jahwa, JALA,Shiseido Company, Limited; 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. |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
Key Takeaways from this Lipstick Report
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
The Relay Market is studied from 2022 - 2027.
What is the growth rate of Lipstick Market?
The Relay Market is growing at a CAGR of 6.4% over the next 5 years.
Who are the key players in Lipstick Market?
LOreal Group, PG, Estee Lauder, Relvon, LVMH, Shiseido, Chanel, ROHTO, Beiersdorf, DHC, Johnson& Johnson, Avon, Jahwa, JALA,Shiseido Company, Limited; 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.
What region does this Lipstick Market report covers?
North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Lipstick Market?
10~20, 20~30, 30~40, 40~50, Above 50, Other
What are the major end-use applications of Lipstick Market?
Matte, Shimmer, Gloss, Lip stain, Sheer, Others
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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