Product ID: SQSG25J2006
Global Lipstick Market Size, Share, Growth Analysis, By Distribution Channels(Offline, Online), By Application(Palette, Pencil) - Industry Forecast 2024-2031
Report ID:
SQSG25J2006 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
63 |
Figures:
74
Global Lipstick Market Dynamics
Lipstick Market Driver
- Growing consumer health consciousness and knowledge of the advantages of organic cosmetics are boosting demand for natural and organic lip color products. High levels of antioxidants found in natural and organic products aid in healing damaged skin cells. It is anticipated that this advantageous feature would encourage product consumption soon. In 2018, businesses like Antipodes and Origins Natural Resources, Inc. released lip tints made from natural ingredients and flowers.
- Lip powder has become incredibly popular all around the world in recent years. The market has been driven by this product's lightweight and matte finish. One of the main factors influencing product demand is the inclusion of hydrating ingredients including coconut oil, glycerin, and vitamin E. Additionally, it lasts longer than typical lipsticks.
- Customers are curious to try out different lip colors and textures. Color trends vary depending on geography and skin tone. Imperfect lip tints that practically smear into the lip line are becoming more and more fashionable in western nations like North America and Europe. Similar to how some hues have been in high demand all across the world are pink, peach, and nude.
Lipstick Market Restraint
- Preservatives, pigment molecules, and other synthetic compounds included in cosmetic items, as well as other additives, can have harmful side effects on the body, including allergic reactions, the development of black spots, acne, or discoloration. This can be ascribed to the body's ongoing accumulation of hazardous substances as a result of exposure to these goods for an extended period of time. These factors are also causing consumers to favor cosmetic procedures that can permanently improve their appearance and enable them to stop using beauty products on a regular basis. Therefore, it is anticipated that growing consumer knowledge of the negative consequences of cosmetic goods will limit the expansion of the lipstick market.
Global Lipstick Market Report Snapshots
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