New York, United States , Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Global Lipstick Market Size is to Grow from USD 9.47 Billion in 2023 to USD 15.53 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.07% during the projected period.
Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/5670
The main ingredients of lipstick, which is applied to the lips to add color, texture, and protection, include waxes, oils, pigments, and emollients. Due to its invention in ancient civilizations, lipstick has developed into a versatile beauty requirement. Its main advantages include expressing personal style, increasing self-confidence, and improving facial aesthetics by drawing attention to the lips. In addition, lipstick usually contains hydrating components to protect and moisturize the lips, making it an acceptable choice for everyday use. A major driver of the lipstick market is the growing demand for beauty products and cosmetics. A growing number of consumers are becoming aware of the health benefits of organic cosmetics and are seeking natural and organic lip color products. In Western countries like North America and Europe, lip tints that are almost covered in the lip line are growing in popularity. Similar to some colors have been in high demand around the world, like pink, peach, and naked. However, Heavy metals and other hazardous chemicals, possibly cancer-causing, are present in lipsticks. The existence of heavy metals and similar compounds can restrict market growth.
Browse key industry insights spread across 220 pages with 105 Market data tables and figures & charts from the report on the "Global Lipstick Market Size, Share, and COVID-19 Impact Analysis By Product Type (Matte, Crème, Long-wearing, and Shimmer), By Form (Stick, Liquid, and Others), By Distribution Channel (Supermarkets/Hypermarkets, E-commerce, Multi Branded Retail Stores, Departmental/Grocery Stores, Online Channels, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
Buy Now Full Report: https://www.sphericalinsights.com/checkout/5670
The matte segment is anticipated to hold the greatest share of the global lipstick market during the projected timeframe.
On the basis of product type, the global lipstick market is divided into matte, crème, long-wearing, and shimmer. Among these, the matte segment is anticipated to hold the greatest share of the global lipstick market during the projected timeframe. Due to its application smoothly and offers superior coverage, matte lipstick is an excellent choice. It is also readily available in liquid and stick form for convenient application.
The stick segment is predicted to hold the greatest share of the global lipstick market during the estimated period.
On the basis of form, the global lipstick market is divided into stick, liquid, and others. Among these, the stick segment is predicted to hold the greatest share of the global lipstick market during the estimated period. The stick is an easy method of dispensing material, and colored wax is available in a wide range of sizes, colors, and styles. Moreover, the pencil shape facilitates sharpening, preserving a pointed and sharp tip for a long time.
The supermarkets/hypermarkets segment is anticipated to hold a significant share of the global lipstick market during the projected timeframe.
On the basis of distribution channels, the global lipstick market is divided into supermarkets/hypermarkets, e-commerce, multi-branded retail stores, departmental/grocery stores, online channels, and others. Among these, the supermarkets/hypermarkets segment is anticipated to hold a significant share of the global lipstick market during the projected timeframe. Customers can easily acquire a variety of cosmetic products on their daily shopping expeditions at supermarkets and hypermarkets, which include lipsticks.
Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/5670
Europe is expected to hold the largest share of the global lipstick market over the forecast period.
Europe is expected to hold the largest share of the global lipstick market over the forecast period. Growing public awareness of the negative consequences of compound-based beautifying treatments is a major factor driving this market in this region and is causing a shift in consumer preference toward natural lip tones.
Asia Pacific is predicted to grow at the fastest pace in the global lipstick market during the projected timeframe. Global brands are expected to start to enter the market during the projection period. It is also anticipated that attractive and creative packaging will increase the market's size and clientele in this region.
North America is expected to hold the largest share of the global lipstick market over the forecast period. A highly competitive atmosphere is generated by the presence of independent and established brands, which leads to ongoing innovation in North America.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global lipstick market include Kylie Cosmetics, Colorbar Cosmetics, Avon Products Inc., L'Oréal Group, Unilever, Shiseido Company, Hermès, Estée Lauder Companies, Beiersdorf AG, Mary Kay Inc., Revlon Inc., Coty Inc., Procter & Gamble, Amorepacific Corporation, and Others.
Get Discount At @ https://www.sphericalinsights.com/request-discount/5670
Recent Developments
- In May 2023, 'Take Me As I Am,' the first 3-in-1 lipstick in history, was launched by Colorbar Cosmetics, one of the most renowned cosmetic companies in India. The vegan composition of the brand's first-ever refillable lipstick is incredibly pigmented and long-lasting. The fact that it is packaged entirely of ultra-premium, recyclable aluminum is an additional bonus.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global lipstick market based on the below-mentioned segments:
Global Lipstick Market, By Product Type
- Matte
- Gloss
- Others
Global Lipstick Market, By Form
- Stick
- Liquid
- Palette
Global Lipstick Market, By Distribution Channels
- Supermarkets/Hypermarkets
- Departmental Stores
- Multi Branded Stores
- Exclusive Stores
- Online
- Others
Global Lipstick Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Browse Related Reports
Global B2B Food Marketplace Platforms Market Size, Share & Trends, COVID-19 Impact Analysis Report, By Organization Size (Large Enterprises, Small and Medium Enterprises), By Food Category (Chilled & Dairy, Grocery, Frozen Food, Bakery, Beverages, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030
Global Flower Delivery Service Market Size, Share, and COVID-19 Impact Analysis, By Product (Rose, Tulip, Orchid, Lily, Gerbera, Sunflower, Carnations, and Others), By Occasion (Corporate Event, Wedding, Personal & Gifting, and Sympathy), By Type (Bouquets, Flower for Vases, Cut Flowers, and Plants), By Application (Commercial and Household), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Personal Chef Services Market Size, Share, and COVID-19 Impact Analysis By Type (Service for Private Customers and Service for Organization), By Application (Individual Meals, Family Meals, and Catered Events), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Snail Beauty Products Market Size, Share, and COVID-19 Impact Analysis By Product Type (Multi-Function Cream, Cell Renewal Cream, Anti-Aging Cream, Anti Acne Cream, and Others), By Application (Skin and Hair), By Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, and E-commerce), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Follow Us: LinkedIn | Facebook | Twitter
