Lipstick Market was valued at USD 12.4 billion in 2021 and is forecast to touch USD 19.6 billion in 2029, and the market is expected to grow at a CAGR of 5.9% from 2022-2029.

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Key Drivers

The rising number of working women population and increase usage of e-commerce beauty websites are of the key factors that will boost the global lipstick market. The major growth drivers of the global lipstick market are growing urbanization, leading to a change in the lifestyle, Innovative advertisements, and e-commerce boom. In addition, the availability of a wide variety of color, texture, and luster in lipstick and an increase in the purchasing power of women will boost up the global lipstick market. Demand for long-wearing and matte lipsticks is growing at a faster pace than other types of lipstick will further enhance the global lipstick market. Moreover, women prefer natural and herbal based lipstick which contains no chemicals. The main restraint in this market is health-related problems as it contains harmful chemicals and heavy metals, which may cause cancer and a high amount of leads can result in high blood pressure and memory loss due to the availability of duplicate lipstick which further hinders the growth of the global lipstick market.

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Top Market Players

Various notable players operating in the market, L’Oréal, Shiseido Company Limited, The Estée Lauder Companies Inc., P&G, Avon Products Inc., Oriflame Holding AG, Revlon Inc., Inglot Sp. Z. O. O., CHANEL, Markwins Beauty Brands, Inc., among others.

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Segments covered in the Report:

The global lipstick market has been segmented on the basis of product type, finish, distribution channel and key geographies. Based on product type, the market is segmented into stick, liquid, and others. Based on finish, the market is segmented into Cream, Matte, Satin, Gloss, and Others. Based on distribution channel, the market is segmented into online stores, supermarkets, cosmetic stores, and others.

The research report “Global Lipstick Market” provides an in-depth analysis of global lipstick market based on product type, finish, distribution channel and major geographies for the forecast period from 2019 to 2026. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global lipstick market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

• • At what pace global lipstick market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global lipstick market?
  • What are the various application areas and how they are poised to grow?

Report Coverage	Details
Market Revenues (2021)	USD 12.4 billion
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Device, By System, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	L’Oréal, Shiseido Company Limited, The Estée Lauder Companies Inc., P&G, Avon Products Inc., Oriflame Holding AG, Revlon Inc., Inglot Sp. Z. O. O., CHANEL, Markwins Beauty Brands, Inc., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Lipstick Market by Product Type

• • Stick
  • Liquid
  • Others

Global Lipstick Market by Finish

• • Cream
  • Matte
  • Satin
  • Gloss
  • Others

Global Lipstick Market by Distribution Channel

• • Online Stores
  • Supermarkets
  • Cosmetic Stores
  • Others

Global Lipstick Market by Region

• • North America Global Lipstick Market (Option 1: As a part of the free 25% customization)
    • By Product Type
    • By Finish
    • By Distribution Channel
    • By Installation Type
    • US Market All-Up
    • Canada Market All-Up
  • Europe Global Lipstick Market (Option 2: As a part of the free 25% customization)
    • By Product Type
    • By Finish
    • By Distribution Channel
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Global Lipstick Market (Option 3: As a part of the free 25% customization)
    • By Product Type
    • By Finish
    • By Distribution Channel
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Global Lipstick Market (Option 4: As a part of the free 25% customization)
    • By Product Type
    • By Finish
    • By Distribution Channel
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Leading market players

• • L’Oréal
  • Shiseido Company Limited
  • The Estée Lauder Companies Inc.
  • P&G
  • Avon Products Inc.
  • Oriflame Holding AG
  • Revlon Inc.
  • Inglot Sp. Z. O. O.
  • CHANEL
  • Markwins Beauty Brands, Inc.