Global Lipstick Market Set to Reach $17.1 Billion by 2024 - Key Industry Trends & Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 18, 2019--
The “Lipstick Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global lipstick market was worth US$ 12.6 Billion in 2018. Looking forward, the market is forecast to reach a value of US$ 17.1 Billion by 2024, registering a CAGR of around 5% during 2019-2024.
Growing urbanization coupled with increasing working women base across the globe is the key factor driving the growth of the market. The demand for lipsticks has grown substantially among women owing to their escalating purchasing power along with the growing consciousness about physical appearance.
Furthermore, e-commerce platforms have brought massive changes to the beauty industry by providing consumers with a well-designed and immersive shopping experience. Attractive price concession along with easy accessibility offered by online retailers has also resulted in increasing product demand.
Additionally, aggressive promotional activities by leading brands and established manufacturers on popular social media sites such as Facebook and Instagram are also contributing to burgeoning product demand. Moreover, owing to growing health-consciousness, consumers are increasingly opting for organic and lead-free lipsticks.
Other factors such as product premiumization along with the introduction of lipsticks with customizable shades and personalized applicators are also fueling the market growth further.
The report has also analysed the competitive landscape of the market with some of the key players being L’Oreal, Procter & Gamble, Avon, Shiseido, LVHM, Estee Lauder, Oriflame, Revlon, Markwins Beauty, Stargazer, Coty, Colorox, DHC, Este Lauder Companies, Johnson & Johnson, Chanel, Inglot Cosmetics, Unilever, Rohto, etc.
Key Questions Answered in This Report
- How has the global lipstick market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global lipstick industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the colour?
- What is the breakup of the market based on the applicator?
- What is the breakup of the market based on the age group?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global lipstick industry?
- What are the key driving factors and challenges in the global lipstick industry?
- What is the structure of the global lipstick industry and who are the key players?
- What is the degree of competition in the global lipstick industry?
- What are the profit margins in the lipstick industry?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Lipstick Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Colour
5.5 Market Breakup by Applicator
5.6 Market Breakup by Age Group
5.7 Market Breakup by Gender
5.8 Market Breakup by Distribution Channel
5.9 Market Breakup by Region
5.10 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Colour
8 Market Breakup by Applicator
8.1 Lipstick Cream
8.2 Lipstick Palette
8.3 Lipstick Pencil
8.4 Lipstick Tube/Stick
8.5 Liquid Lipstick
9 Market Breakup by Age Group
9.1 Under 18
9.5 Above 50
10 Market Breakup by Gender
11 Market Breakup by Distribution Channel
11.1 Departmental/Grocery Stores
11.2 Multi Branded Retail Stores
11.3 Supermarkets and Hypermarkets
11.4 Exclusive Retail Stores
11.5 Online Channels
12 Market Breakup by Region
12.1 North America
12.2 Asia Pacific
12.4 Middle East and Africa
12.5 Latin America
13 SWOT Analysis
14 Value Chain Analysis
15 Porter’s Five Forces Analysis
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.2 Procter & Gamble
17.3.6 Estee Lauder
17.3.9 Markwins Beauty
17.3.14 Este Lauder Companies
17.3.15 Johnson& Johnson
17.3.17 Inglot Cosmetics
For more information about this report visit https://www.researchandmarkets.com/r/sat9fj
View source version on businesswire.com:https://www.businesswire.com/news/home/20191118005395/en/
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INDUSTRY KEYWORD: COSMETICS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/18/2019 06:11 AM/DISC: 11/18/2019 06:11 AM