Lipstick Market

Global Lipstick Market by Product Types (Crème, Gloss, Metallic, Matte, Satin/Sheer, Shimmer, and Others), Colors (Maroon, Pink, Red, Nude, and Others), Applicators (Lipstick Cream, Liquid Lipstick, Lipstick Palette, Lipstick Pencil, and Lipstick Tube/Stick), Age groups (Above 50, 40-50, 30-40, 18-30, and Under 18), Distribution Channels (Departmental/Grocery Stores, Exclusive Retail Stores, Multi Branded Retail Stores, Supermarkets & Hypermarkets, Online Channels, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: CG-2951
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 1
  • No. Of Pages: 155
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The global lipstick is projected to register a substantial CAGR during the forecast period, between 2021 and 2028. Lipstick is a cosmetic product that is composed of wax, oil, emollients, and pigments. This cosmetic product is applied to the lips in order to provide protection, color, and texture. Lipsticks also function as a form of lip balm by providing hydration as well as color to the lips. Lipstick is one of the most widely used makeup products in the world. Lipsticks are frequently available in a variety of hues, depending on the company. It is commonly used to improve the texture of the lips and add radiance to the overall facial appearance.


Lipstick Market Key Takeaways

Market Trends, Drivers, Restraints, and Opportunities:

  • Growing urbanization, which is accompanied by an increase in the number of working women globally, is the primary driver driving the market's growth.
  • Increase in personal grooming and appearance consciousness is projected to spur the market expansion.
  • The development in the trend of customers seeking natural and organic beauty products can boost the market growth.
  • High cost of the product, as well as the doubtful composition of some lipsticks, are limiting the expansion of the lipstick market.
  • The existence of harmful compounds in lipsticks is expected to create impediments to the market.
  • Increase in Internet penetration and social media marketing can create lucrative opportunities for the market.

Scope of the report:

The report on the lipstick market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Lipstick Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Product Types (Crème, Gloss, Metallic, Matte, Satin/Sheer, Shimmer, and Others), Colors (Maroon, Pink, Red, Nude, and Others), Applicators (Lipstick Cream, Liquid Lipstick, Lipstick Palette, Lipstick Pencil, and Lipstick Tube/Stick), Age groups (Above 50, 40-50, 30-40, 18-30, and Under 18), Distribution Channels (Departmental/Grocery Stores, Exclusive Retail Stores, Multi Branded Retail Stores, Supermarkets & Hypermarkets, Online Channels, and Others)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Shiseido Company, Limited, Oriflame Holding AG, Coty, Inc.; The Estée Lauder Companies Inc., Revlon, Inc., L'Oréal S.A., INGLOT Cosmetics, AmorePacific Corporation, Chanel S.A., Avon Products, Inc., and Christian Dior SE

Lipstick Market Segment Insights

Shimmer segment is projected to hold a significant market share

Based on product types, the lipstick market can be segmented into crème, gloss, metallic, matte, satin/sheer, shimmer, and others. The shimmer segment is projected to hold a significant market share due to the product's high moisture content, which makes it more comfortable to wear on the lips. Shimmer lip colors are also easier to remove than matte cream and long wearing lip paints.


Lipstick Market By Product Type

Red color segment is anticipated to account for a substantial share

On the basis of colors, the market can be segregated into maroon, pink, red, nude, and others. The red color segment is anticipated to account for a substantial share. Increase in personal grooming, appearance consciousness, and suitability to all skin tones are projected to drive the segment expansion.

Lipstick tube/stick segment expand at a rapid pace during the forecast period

In terms of applicators, the lipstick market can be fragmented into lipstick cream, liquid lipstick, lipstick palette, lipstick pencil, and lipstick tube/stick. The lipstick tube/stick segment is expected to expand at a rapid pace during the forecast period. These tubes come in a variety of sizes, colors, and shapes. Lipstick in cylindrical tube form is easy to apply and provides good lip coverage. The consumer favors this applicator owing to its ease of use and portability.


Lipstick Market By Applicators

18-30 segment register a substantial growth rate in the near future

Based on age groups, the market can be divided into above 50, 40-50, 30-40, 18-30, and under 18. The 18-30 segment is anticipated to register a substantial growth rate in the near future. This age group is the most active on social media, including fashion blogs, YouTube, and Instagram, which is an important marketing channel for beauty companies. As a result, social media marketing initiatives have a big influence on the purchasing decisions of this youthful customer demographic.

Supermarkets & hypermarkets expand at a robust pace during the projected timeline

On the basis of distribution channels, the lipstick market can be segmented into departmental/grocery stores, exclusive retail stores, multi-branded retail stores, supermarkets & hypermarkets, online channels, and others. The supermarkets & hypermarkets segment is expected to expand at a robust pace during the projected timeline This is due to the fact that consumers have the advantage of scanning different lipsticks, shades, and colors based on their skin tone and preferences. Furthermore, the presence of store associates to assist customers in selecting the right product and providing product knowledge boosts the segment growth. The online distribution channel is estimated to grow at a high CAGR during the forecast period. The rapid rise of smartphones and high-speed Internet is likely to play a critical role in the growth of e-commerce.

Europe is expected to dominate the market

In terms of regions, the market is categorized as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Europe is expected to dominate the market. A primary driving factor is a shift in customer preference toward organic lip colors as a result of growing concerns about the detrimental consequences of chemical-based cosmetics. The region's major markets are the UK, Germany, France, Italy, Poland, and Spain. Furthermore, the demand for lip colors among young consumers in this region is increasing in order to achieve a modern and fashionable appearance.

Segments

Segments Covered in the Report:
By Product Types
  • Crème
  • Gloss
  • Metallic
  • Matte
  • Satin/Sheer
  • Shimmer
  • Others
By Colours
  • Maroon
  • Pink
  • Red
  • Nude
  • Others
By Applicators
  • Lipstick Cream
  • Liquid Lipstick
  • Lipstick Palette
  • Lipstick Pencil
  • Lipstick Tube/Stick
By Age Groups
  • Above 50
  • 40-50
  • 30-40
  • 18-30
  • Under 18
By Distribution Channels
  • Departmental/Grocery Stores
  • Exclusive Retail Stores
  • Multi Branded Retail Stores
  • Supermarkets & Hypermarkets
  • Online Channels
  • Others
By Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
By Key Players
  • Shiseido Company, Limited
  • Oriflame Holding AG
  • Coty, Inc
  • The Estée Lauder Companies Inc
  • Revlon, Inc
  • L'Oréal S.A
  • INGLOT Cosmetics
  • AmorePacific Corporation
  • Chanel S.A
  • Avon Products, Inc
  • Christian Dior SE

Competitive Landscape

Key players in the lipstick market are Shiseido Company, Limited, Oriflame Holding AG, Coty, Inc.; The Estée Lauder Companies Inc., Revlon, Inc., L'Oréal S.A., INGLOT Cosmetics, AmorePacific Corporation, Chanel S.A., Avon Products, Inc., and Christian Dior SE. These players are constantly engaged in several market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Lipstick Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lipstick Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Lipstick Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Lipstick Market - Supply Chain
  4.5. Global Lipstick Market Forecast
     4.5.1. Lipstick Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Lipstick Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Lipstick Market Absolute $ Opportunity
5. Global Lipstick Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Lipstick Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Lipstick Demand Share Forecast, 2019-2026
6. North America Lipstick Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Lipstick Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Lipstick Demand Share Forecast, 2019-2026
7. Latin America Lipstick Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Lipstick Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Lipstick Demand Share Forecast, 2019-2026
8. Europe Lipstick Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Lipstick Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Lipstick Demand Share Forecast, 2019-2026
9. Asia Pacific Lipstick Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Lipstick Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Lipstick Demand Share Forecast, 2019-2026
10. Middle East & Africa Lipstick Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Lipstick Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Lipstick Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Lipstick Market: Market Share Analysis
  11.2. Lipstick Distributors and Customers
  11.3. Lipstick Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Shiseido Company, Limited Oriflame Holding AG Coty, Inc The Estée Lauder Companies Inc Revlon, Inc L'Oréal S.A  
Segments Covered in the Report:
By Product Types
  • Crème
  • Gloss
  • Metallic
  • Matte
  • Satin/Sheer
  • Shimmer
  • Others
By Colours
  • Maroon
  • Pink
  • Red
  • Nude
  • Others
By Applicators
  • Lipstick Cream
  • Liquid Lipstick
  • Lipstick Palette
  • Lipstick Pencil
  • Lipstick Tube/Stick
By Age Groups
  • Above 50
  • 40-50
  • 30-40
  • 18-30
  • Under 18
By Distribution Channels
  • Departmental/Grocery Stores
  • Exclusive Retail Stores
  • Multi Branded Retail Stores
  • Supermarkets & Hypermarkets
  • Online Channels
  • Others
By Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
By Key Players
  • Shiseido Company, Limited
  • Oriflame Holding AG
  • Coty, Inc
  • The Estée Lauder Companies Inc
  • Revlon, Inc
  • L'Oréal S.A
  • INGLOT Cosmetics
  • AmorePacific Corporation
  • Chanel S.A
  • Avon Products, Inc
  • Christian Dior SE

Key players in the lipstick market are Shiseido Company, Limited, Oriflame Holding AG, Coty, Inc.; The Estée Lauder Companies Inc., Revlon, Inc., L'Oréal S.A., INGLOT Cosmetics, AmorePacific Corporation, Chanel S.A., Avon Products, Inc., and Christian Dior SE. These players are constantly engaged in several market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Lipstick Market By Key Players

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