Global Lipstick Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.5 % from 2018 to 2025. In 2017, the global market valuation was USD 12.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Increasing consciousness among young female consumers across the globe is expected to be the key factor behind the market growth of lipsticks. Moreover, growing urbanization, changing lifestyle and tendency of looking good are the main factors dominating the growth of global lipstick market. Rising well-being cognizance among the consumers and mindfulness about the advantages of natural makeup are energizing the interest for characteristic and natural lip color items. Presence of high anti-oxidant in common and natural items helps in fixing skin cell's harm. This gainful element is relied upon to provoke the item's consumption soon.
Lip powder has received considerable popularity worldwide in recent years. This item was driven by the matte finish and lightweight characteristics. The presence of body hydrating banana milk, glycerin, and vitamin E is a main variable influencing request for the item. It also remains longer than standard lipsticks.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global lipstick market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global lipstick market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Applicator Insights: On the basis of the applicator, global lipstick market has been segmented into palette, pencil, tube/stick, liquid. Among which tube/ stick segment has accounted for largest market share in forecast period. Consumers prefer this kind of applicator due to its convenient way to apply, easy to carry and lightweight properties.
By Age Insights: On the basis of age, global lipstick market has been segmented into under 20, 20 – 30, 31 – 50, over 50. Among which under 20 age segment has dominated the global lipsticks market in 2018. Mostly in social media, including fashion blogs, YouTube and Instagram, this youth category is a key marketing tool for make-up makers. Accordingly, social media marketing activities greatly influence the choice to procure this youthful consumer group. In addition, customers younger than 20 years of age are keener in testing fresh goods.
The lipstick market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
Europe dominated the industry as of 2018, representing the world's largest proportion of sales. The prominent economies in this region are the U.K., Germany, France, Italy, Poland and Spain. The main pushing element is shifting customer bias to organic lip shades because of increasing worries about damaging impacts of chemicals. Moreover, supply for lip colors, to get a trendy and comfortable feel, is increasing among young customers in this area.
From 2018 to 2025, Asia Pacific will be registering for the most rapid CAGR. The supply for a luxury private care item in the area has been fueling rapid Urbanization in emerging nations, including China, India, Malaysia and Taiwan. In the close future, increasing awareness of worldwide products will have a positive impact on market growth. In addition, the market base in the region is expected to grow creative and appealing packaging.
Global Lipstick Market Size, Share Analysis by Region 2018
Global Lipstick Market Study Objective
1. To forecast the market size of lipstick market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of lipstick market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of lipstick market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of the lipstick market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the lipstick market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
L'Oréal S.A., Shiseido Company, Limited, The Estée Lauder Companies Inc., Coty, Inc., Revlon, Inc., Avon Products, Inc., AmorePacific Corporation, Oriflame Holding AG, Chanel S.A., and Christian Dior SE are some of the key players in the market of lipstick. The production company focus is on the expansion of its company through strategic fusion and purchases, brand creation and creative products.
Global Lipstick Market Study Report Offer You!
The global lipstick market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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