Global Lip Glosses Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
The Lip Glosses Market is currently experiencing substantial growth, driven by rising consumer demand for beauty and personal care products that combine convenience, style, and practicality. With lip glosses becoming an essential item in many beauty routines, the market has seen a shift toward products offering more than just shine. Today’s lip glosses are formulated with nourishing ingredients like hyaluronic acid, vitamin E, and natural oils to provide hydration and protection, making them a desirable option for consumers seeking multitasking beauty products. According to market research, the global lip gloss market size was valued at approximately USD 5.6 billion in 2021 and is expected to expand at a CAGR of 4.7% from 2022 to 2030. This growth is largely attributed to the increasing awareness of self-care and the rise in disposable income, especially among young women. Moreover, the growing influence of social media and beauty influencers has significantly contributed to the market's popularity, with many brands capitalizing on digital marketing strategies to reach their target audience. Consumers today prefer customizable, versatile products that align with their personal style, and the lip gloss market reflects this preference. Brands are launching a range of lip gloss products in various shades, finishes, and formulations, catering to diverse tastes and skin tones. Whether it's a subtle nude gloss for everyday wear or a bold, glitter-infused gloss for special occasions, consumers are spoilt for choice. Furthermore, eco-conscious consumers are driving the demand for clean beauty products, prompting brands to focus on sustainability by offering lip glosses made from vegan, cruelty-free, and biodegradable ingredients. As the market evolves, product innovation remains key to attracting and retaining customers, with new trends such as plumping lip glosses and long-lasting formulas gaining traction.
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Loreal
LVMH Group
Chanel
Revlon
Procter & Gamble.
Makeup Art Cosmetics
Bourjois
NARS Cosmetics
Estee Lauder
Coty Inc
NYX
Giorgio Armani Beauty
KANEBO
Shiseido
TONYMOLY
Etude House
Laneige
MISSHA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lip Glosses Market
Liquid
Soft solid
Other
Based on Types the Market is categorized into Below types that held the largest Lip Glosses market share In 2023.
Online
Supermarket
Exclusive Agency
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lip Glosses Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lip Glosses Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lip Glosses Market, By Type
6. Global Lip Glosses Market, By Application
7. Global Lip Glosses Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Lip Glosses Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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