Countries such as the U.S., China, Germany, the UK, and France remain major markets for lipstick, aided by a strong presence of premium and luxury lipstick brands, as well as rising demand for clean beauty and vegan formulations.

The U.S. dominated the North American lipstick market with a 75.4% share in 2023 and is expected to grow at a 4.6% CAGR, driven by high consumer spending on beauty products and a strong presence of established brands.

Apr 16, 2024 · Key players dominating the market include L’Oréal SA, Chanel S.A., and Procter & Gamble, which are known for their innovation and extensive product ranges. These companies are continuously expanding their global footprint and adapting their offerings to cater to regional preferences and beauty standards.

The lipstick market is segmented into product type, form, distribution channel, and region. Based on product type, the market is divided into matte, glossy, lip powder, and others. Based on form, the market is segregated into stick, liquid, and palette.

The lipstick market is a diverse and dynamic segment within the beauty and cosmetics industry, categorized by various product types including matte, glossy, satin, liquid, and bullet lipsticks, each catering to different consumer preferences and application needs.

Lipstick Market was valued at US$ 10.64 billion in 2023 and is projected to reach US$ 15.48 billion by 2030, growing at a CAGR of 5.5% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of …

The Global lipstick market was valued at USD 9.76 billion in 2023. The global market size is expected to grow at a CAGR of 8.9% from 2024 to 2032 and be worth USD 17.34 billion by 2032 from USD 10.40 billion in 2024. Lipstick can be characterized as a cosmetic item that is comprised of oils, waxes, shades, and emollients.

Social media allows customers to find and check out new lipstick brands and shades, which drive growth in the market. Furthermore, key market players include Kylie Cosmetics, Colorbar Cosmetics, Avon Products Inc., L'Oréal Group, Unilever, Shiseido Company, and Estée Lauder Companies. Report Coverage.

Stay ahead with the latest trends and market analysis. The global lipstick market size reached approximately USD 9.75 billion in 2024. The market is further projected to grow at a CAGR of 6.1% between 2025 and 2034, reaching a value of USD 16.55 billion by 2034.

The lipstick market is a segment of the cosmetics industry that focuses on the production and sale of lip products. Lipsticks are typically composed of waxes, oils, and pigments, and are available in a variety of colors and textures.