Lipstick Market: Global Size, Share, Trends, Growth and Forecast, 2022-2032

Lipstick Market Key Highlights

The global lipstick market accounted for USD 15.3 Billion in 2021. Further, the market is expected to reach to a valuation of USD 25.6 Billion by the end of 2032. Moreover, it is anticipated to flourish at a CAGR of 7.7% during the forecast period i.e. 2022-2032.

Lipstick Market: Overview and Definition

The lipstick market refers to the industry involved in the production, marketing, and sales of lip cosmetics. Lipstick is a cosmetic product used primarily by women to enhance the appearance of their lips. It is applied to the lips to add color, texture, and shine.

Lipsticks are available in a variety of formulations, including matte, satin, glossy, sheer, and metallic. They also come in a range of colors, from classic reds and pinks to bold purples and blues. Some lipsticks also offer additional benefits such as moisturization, sun protection, and long-wear capabilities.

The lipstick market is a significant segment of the overall cosmetics industry and is expected to continue to grow in the coming years. Factors driving growth in the market include increased disposable income, changing fashion trends, and the popularity of social media platforms that promote beauty and makeup tutorials. Additionally, the rise of e-commerce has made it easier for consumers to purchase a wider range of products, including lipsticks, from the comfort of their own homes.

Growth Drivers – Lipstick Market

Rising Number of Female Professionals

Changing lifestyles is one of the most important factors which is impacting the cosmetic industry all over the world. Cosmetics plays an important role in enhancing the beauty and personality of people. This growing demand has resulted in the expansion of global lipstick market.
Increasing grooming and appearance consciousness among young females across the world is one of the major factors driving the growth of global lipstick market. Also, lipstick market is driven by young female professionals. Increasing number of female workforce and rising purchasing power of women is expected to intensify the growth of global lipstick market.

Launch of E-Commerce Websites

Presence of variety of lipstick products in the market is fulfilling the demand of consumers. Moreover, e-commerce is playing an important role in growth of cosmetics market. Rising number of smartphone ownership and increasing penetration of internet is further believed to play a significant role in the growth of global lipstick market. Moreover, e-commerce platforms have various advantages such as wide collection range of products and lower prices as compared to offline stores. This factor is further envisioned to bolster the growth of market.

Barrier – Availability of Counterfeit Products

Presence of counterfeit products in the market is anticipated to restrain the growth of global lipstick market. In addition to this, high cost of some brands limits the consumer base which is also restricting the market to some extent.

Segmentation

The research offers a comprehensive analysis of lipstick market with respect to following sub-markets:

By Type

By type, the lipstick market has been analyzed into glossy, matte and others. Several leading companies are launching wide range of products in order to increase their market shares. For instance, in June 2018, L'Oréal S.A. launched Color Riche Shine lipsticks, which is a non-sticky, glossy finish in wide range of colors.

By Distribution Channel

On the basis of distribution channel, the lipstick market has been segmented into online store, supermarket, specialty stores and others. Presence of wide range of products in supermarket is also aiding to the growth of market. However, online distribution channel is expected to showcase highest rate of growth during the forecast period.

By Geography

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as;

- L'Oréal International
- Christian Dior SE
- Shiseido Company, Limited
- The Estée Lauder Companies Inc.
- Revlon, Inc.
- Coty, Inc.
- Avon Products, Inc.
- INGLOT Cosmetics
- Chanel S.A.
- ABLE C&C Co., Ltd.
- Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in Lipstick market.

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2025: Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary

Market Drivers, Trends, Challenges and Opportunities

Market Size and Forecast Projections

Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global Lipstick market by the following segments:

- Type
- Distribution Channel

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Lipstick Industry Report:

- What is the overall market size in 2020? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Lipstick Market
3. Global Lipstick Market Trends
4. Opportunities in Global Lipstick Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Lipstick Market Size (USD Million), Growth Analysis and Forecast, (2019-2025)

9. Global Lipstick Market Segmentation Analysis, By Type

9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Gloss Market Size & Forecast (USD Million), 2019-2025
9.5. Matte Market Size & Forecast (USD Million), 2019-2025

10. Global Lipstick Market Segmentation Analysis, By Distribution Channel

10.1. Introduction
10.2. Market Attractiveness, By Distribution Channel
10.3. BPS Analysis, By Distribution Channel
10.4. Online Store Market Size & Forecast (USD Million), 2019-2025
10.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
10.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
10.7. Others Market Size & Forecast (USD Million), 2019-2025

11. Geographical Analysis

11.1. Introduction
11.2. North America Market Size & Forecast (USD Million), 2019-2025
11.2.1. By Type
11.2.1.1. Introduction
11.2.1.2. Market Attractiveness, By Type
11.2.1.3. BPS Analysis, By Type
11.2.1.4. Gloss Market Size & Forecast (USD Million), 2019-2025
11.2.1.5. Matte Market Size & Forecast (USD Million), 2019-2025
11.2.2. By Distribution Channel
11.2.2.1. Introduction
11.2.2.2. Market Attractiveness, By Distribution Channel
11.2.2.3. BPS Analysis, By Distribution Channel
11.2.2.4. Online Store Market Size & Forecast (USD Million), 2019-2025
11.2.2.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
11.2.2.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
11.2.2.7. Others Market Size & Forecast (USD Million), 2019-2025
11.2.3. By Country
11.2.3.1. Market Attractiveness, By Country
11.2.3.2. BPS Analysis, By Country
11.2.3.3. U.S. Market Size & Forecast (USD Million), 2019-2025
11.2.3.4. Canada Market Size & Forecast (USD Million), 2019-2025

11.3. Europe Market Size & Forecast (USD Million), 2019-2025
11.3.1. By Type
11.3.1.1. Introduction
11.3.1.2. Market Attractiveness, By Type
11.3.1.3. BPS Analysis, By Type
11.3.1.4. Gloss Market Size & Forecast (USD Million), 2019-2025
11.3.1.5. Matte Market Size & Forecast (USD Million), 2019-2025
11.3.2. By Distribution Channel
11.3.2.1. Introduction
11.3.2.2. Market Attractiveness, By Distribution Channel
11.3.2.3. BPS Analysis, By Distribution Channel
11.3.2.4. Online Store Market Size & Forecast (USD Million), 2019-2025
11.3.2.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
11.3.2.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
11.3.2.7. Others Market Size & Forecast (USD Million), 2019-2025
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size & Forecast (USD Million), 2019-2025
11.3.3.4. United Kingdom Market Size & Forecast (USD Million), 2019-2025
11.3.3.5. France Market Size & Forecast (USD Million), 2019-2025
11.3.3.6. Italy Market Size & Forecast (USD Million), 2019-2025
11.3.3.7. Spain Market Size & Forecast (USD Million), 2019-2025
11.3.3.8. Russia Market Size & Forecast (USD Million), 2019-2025
11.3.3.9. Rest of Europe Market Size & Forecast (USD Million), 2019-2025

11.4. Asia Pacific Market Size & Forecast (USD Million), 2019-2025
11.4.1. By Type
11.4.1.1. Introduction
11.4.1.2. Market Attractiveness, By Type
11.4.1.3. BPS Analysis, By Type
11.4.1.4. Gloss Market Size & Forecast (USD Million), 2019-2025
11.4.1.5. Matte Market Size & Forecast (USD Million), 2019-2025
11.4.2. By Distribution Channel
11.4.2.1. Introduction
11.4.2.2. Market Attractiveness, By Distribution Channel
11.4.2.3. BPS Analysis, By Distribution Channel
11.4.2.4. Online Store Market Size & Forecast (USD Million), 2019-2025
11.4.2.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
11.4.2.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
11.4.2.7. Others Market Size & Forecast (USD Million), 2019-2025
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size & Forecast (USD Million), 2019-2025
11.4.3.4. India Market Size & Forecast (USD Million), 2019-2025
11.4.3.5. Japan Market Size & Forecast (USD Million), 2019-2025
11.4.3.6. South Korea Market Size & Forecast (USD Million), 2019-2025
11.4.3.7. Indonesia Market Size & Forecast (USD Million), 2019-2025
11.4.3.8. Taiwan Market Size & Forecast (USD Million), 2019-2025
11.4.3.9. Australia Market Size & Forecast (USD Million), 2019-2025
11.4.3.10. New Zealand Market Size & Forecast (USD Million), 2019-2025
11.4.3.11. Rest of Asia Pacific Market Size & Forecast (USD Million), 2019-2025

11.5. Latin America Market Size & Forecast (USD Million), 2019-2025
11.5.1. By Type
11.5.1.1. Introduction
11.5.1.2. Market Attractiveness, By Type
11.5.1.3. BPS Analysis, By Type
11.5.1.4. Gloss Market Size & Forecast (USD Million), 2019-2025
11.5.1.5. Matte Market Size & Forecast (USD Million), 2019-2025
11.5.2. By Distribution Channel
11.5.2.1. Introduction
11.5.2.2. Market Attractiveness, By Distribution Channel
11.5.2.3. BPS Analysis, By Distribution Channel
11.5.2.4. Online Store Market Size & Forecast (USD Million), 2019-2025
11.5.2.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
11.5.2.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
11.5.2.7. Others Market Size & Forecast (USD Million), 2019-2025
11.5.3. By Country
11.5.3.1. Market Attractiveness, By Country
11.5.3.2. BPS Analysis, By Country
11.5.3.3. Brazil Market Size & Forecast (USD Million), 2019-2025
11.5.3.4. Mexico Market Size & Forecast (USD Million), 2019-2025
11.5.3.5. Rest of Latin America Market Size & Forecast (USD Million), 2019-2025

11.6. Middle East & Africa Market Size & Forecast (USD Million), 2019-2025
11.6.1. By Type
11.6.1.1. Introduction
11.6.1.2. Market Attractiveness, By Type
11.6.1.3. BPS Analysis, By Type
11.6.1.4. Gloss Market Size & Forecast (USD Million), 2019-2025
11.6.1.5. Matte Market Size & Forecast (USD Million), 2019-2025
11.6.2. By Distribution Channel
11.6.2.1. Introduction
11.6.2.2. Market Attractiveness, By Distribution Channel
11.6.2.3. BPS Analysis, By Distribution Channel
11.6.2.4. Online Store Market Size & Forecast (USD Million), 2019-2025
11.6.2.5. Supermarket Market Size & Forecast (USD Million), 2019-2025
11.6.2.6. Specialty Stores Market Size & Forecast (USD Million), 2019-2025
11.6.2.7. Others Market Size & Forecast (USD Million), 2019-2025
11.6.3. By Geography
11.6.3.1. Market Attractiveness, By Geography
11.6.3.2. BPS Analysis, By Geography
11.6.3.3. GCC Market Size & Forecast (USD Million), 2019-2025
11.6.3.4. North Africa Market Size & Forecast (USD Million), 2019-2025
11.6.3.5. South Africa Market Size & Forecast (USD Million), 2019-2025
11.6.3.6. Rest of Middle East & Africa Market Size & Forecast (USD Million), 2019-2025

12. Competitive Landscape

12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Lipstick Market
12.3. Company Profiles
12.3.1. L'Oréal International
12.3.2. Christian Dior SE
12.3.3. Shiseido Company, Limited
12.3.4. The Estée Lauder Companies Inc.
12.3.5. Revlon, Inc.
12.3.6. Coty, Inc.
12.3.7. Avon Products, Inc.
12.3.8. INGLOT Cosmetics
12.3.9. Chanel S.A.
12.3.10. ABLE C&C Co., Ltd.
12.3.11. Other Major & Niche Players

*(Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.)