Lip Gloss Market Research Report - Forecast till 2027

Lip Gloss Market Research Report: Information By Finish (Glossy, Matte, Glitter and Others), Category (Conventional and Organic & Natural), Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores and Others} and Non-Store Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/CR/8907-HCR | October 2022 | Region: Global | 90 Pages         

Lip Gloss Market

Lip Gloss Market size is projected to reach approximately USD 4.51 Billion by 2027, at a CAGR of 4.90% from 2020 to 2027

Segmentation

By Finish Glossy Matte Glitter Others
By Category Conventional Organic & Natural
By Distribution Channel Store Based Non Store Based
By Region North America Europe Asia Pacific

Key Players

  • Beiersdorf AG (Germany)
  • L'Oréal S.A. (France)
  • The Estée Lauder Companies Inc US
  • Company Shiseido japan
  • Johnson & Johnson Services Inc US
  • The Procter & Gamble Company in the US
  • The Face Shop Co.Ltd

Drivers

  • By the launch of some attractive & innovative products
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Lip Gloss Market Overview:


Global Lip Gloss Market size is projected to reach approximately USD 4.51 Billion by 2027, at a CAGR of 4.90% from 2020 to 2027. This analysis report offers detailed information regarding the current market condition, latest trends & key players, as well as the overall industrial environment throughout the world. The entire lip gloss market is driven by the launch of some attractive & innovative products which can easily gain the attraction of the customers. Furthermore, the development of new items to attract customer interest is expected to boost the market growth.


Lip care products refer to cosmetics that enrich the lips and protect them from external elements like cold temperature, dry wind, and UV radiation. Lip care products may also contain colors, flavors, perfumes, phenol, salicylic acid, and sunscreens. To reach a wider audience consumer base, the leading lip gloss market investors are now providing a wide range of lip care products, ranging from flavored balms to products containing organic components. They also provide lip care products that come with user-friendly packaging options such as jars, tubes, sticks, and roll-ons for easy application and transportation.


While females have long been used these types of primary products, besides this, unprotected sun exposure of the lips can be the major cause of wrinkling, premature aging, or actinic cheilitis. There have been an increasing demand for sun protection lip care products. However, the manufacturers & investors have increased their attention on product innovation, the development of long-lasting and fast-acting formulas has been increased significantly. Due to the improvement of new products produced significantly in this lip gloss market, the increase in demand & attention on the customers has also increased.


The lip gloss market production procedure begins with the procuring of raw materials. Every woman prefers lip gloss products to make a special glowing effect on the face or lip. Due to this, there are several investors & marketers are there who want to produce a maximum number of market products. According to the demand of the customers, it has been seen that the number of production industry has been increased significantly in the last few years. There are lots of companies that come & introduce the modern lip gloss market who are willing to produce different kinds of lip gloss products for the customers. But it is not easy, as everybody knows that there are several techniques & formation liquids are invented & some of the new beauty or facing products are available in the market. Due to this, the competition within these industries have also increased tremendously. All lip gloss market sectors are now fully ready to impress their customers by giving them the most advanced & attractive lip gloss products. The market for these items is fast expanding in the United States, as customers increasingly choose organic products due to a shift in preference towards this kind of product. Due to the rising concerns about plastic reduction, some firms in the region are working on developing environmentally produced lip care products.


Covid -19 Analysis:


Due to the covid-19 epidemic, almost every company has been facing a huge number of losses in their business. Some companies have applied a stay order of closed their company permanently. The global cash market & stocks have been lost hugely. In addition, the lip gloss market share has also faced the same crisis due to this covid-19 or lockdown period. Besides this, the entire market size has been stopped production for a period of time. For which the share-holders & the investors have faced a huge loss due to the stoppage of production.


Chief factors Existing in the market:


Key Market Drivers:


Whenever the market opens, some lip gloss market merges & collaborates with investors to decide to generate more production manufacturing plants which helps to create more key players to add to this industry.


Market Challenges:


The biggest challenge for the lip gloss business sectors is the loss of production during the covid-19. Along with this lip gloss market, every company has been continuously trying to overcome this situation. This was one of the biggest challenges for this lip glossing market sector.


Market opportunities:


After opening the market of covid-19, the investors have analyzed and get an idea of some opportunities of engaging with the partners & collaborate them to invest the amounts on making this business sector.


Market Restraints


It far more difficult to estimate the cost & expense of raw materials, products & other essentials to make the plant for the lip glossing market. Many lip gloss market want to build their business after the covid-19 situation.


Cumulative Evaluation of the Market:


The production of a maximum number of supplies depends on the increasing demands of the customers. Due to this, several companies want to build a strong customer attention for which they are improving the techniques of modern & latest trends that are used in making the lip gloss market products. It has already been established a huge competition within this market growth just only for this reason. Every business person wants to impress their clients & also want to gain some extra profits from the business sectors. According to the analysis report, many manufacturers proceed to apply some useful & modern techniques in making this product.


Market Segmentation:


The lip gloss market segmentation has been divided into four main categories: finish, categories, distribution channel 7 by region. In terms of by finish section, hence the lip gloss market has been divided into 4 main categories like glossy, matte, glitter & others. According to the categories list, it is divided into 2 main sections conventional & organic or natural. The distributional channel is further divided into two main categories like store-based & non-store-based. There are four main sections in the regional category basis like North America, Europe, Asia-Pacific & Rest of the world.


Regional Analysis:


The lip gloss industry may be divided into Europe, the Americas, Asia Pacific, and the rest of the globe. Europe is at the top of the development of the cosmetics business, with revenues of luxury cosmetics items like lip gloss which is exceptionally high in nations such as France, the United Kingdom, Germany, and others. The high living standards of European customers and their interest in the newest beauty and fashion trends contribute to market leadership increments globally.



  • North America: US & Canada

  • Latin America: Brazil, Mexico, Argentina & Rest of Latin America

  • Europe: U.K, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, Finland, Sweden, Norway, Denmark, Ireland, Switzerland, Austria, Poland & rest of Europe.

  • Asia Pacific: China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific


Competitive Intensity within the Industry:


The lip gloss market research presents the competitive situation investigates, evaluates, and positions firms based on key performance factors. Some of the elements analyzed for this research include organizations' financial performance over the last few years, growth plans, product developments, new product launches, investments, market share growth, and so on. In 2021, the worldwide lip gloss market was fragmented in a boom period. The market structure would remain fragmented by 2026. Furthermore, its lifetime stage would remain in a growing phase. The worldwide market is a subset of the global personal goods market, a subset of the global home and personal products market.


Some of the key players in this industries are listed below:



  • ColorPop Cosmetics

  • Chanel

  • Revlon

  • The Estee Lauder Companies Inc.

  • L’Oreal

  • MAKEUP ART COSMETICS

  • Procter & Gamble

  • Coty Inc.

  • Shiseido Company

  • LVHM


Recent Market Developments:



  • The Global Beauty Products Market and Luxury Beauty Market research also include a separate examination of revenue and data from the previous and projected periods. The report also provides a close-knit and nourished analysis to comprehend consumer growth, business climate, important participants in the industry, and manufacturing key players.

  • The Global Beauty Products Market research report includes input from industry experts and is based on an in-depth market study. The study looks at the market's current position as well as its potential for future expansion. The research also includes a description of the leading suppliers working in this industry.


Report Overview:


According to the lip gloss market analysis and research reports, it is clearly stated that all the above information generates some kinds of useful for the readers. The entire report shows the analysis reports on market overview. This market study identifies and analyses the industry's top developing trends and important factors, primary problems, and new opportunities. This research also contains an overall analysis of the market share, including all of the factors impacting the market growth. The report includes pricing, cost, income, supply, and management information.


Key Industrial Segments:


The segmentation of the lip gloss market:


By Finish:



  • Glossy

  • Matte

  • Glitter

  • Others


By Categories:



  • Conventional

  • Organic & natural


By Distribution Channel:



  • Store-based

  • Non-store based


By region:



  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 4.51 Billion
  CAGR   4.90% (2020 to 2027)
  Base Year   2019
  Forecast Period   2020 to 2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Finish, Category and Distribution Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   L'Oréal (France), LVMH (France), Chanel (UK), Procter & Gamble (US), Revlon (US), The Estée Lauder Companies Inc. (US), Coty Inc. (US), Shiseido Company (Japan), MAKEUP ART COSMETICS (M.A.C.) (US), ColourPop Cosmetics (US)
  Key Market Opportunities

  • The rising awareness of personal grooming and appearance among the young population is expected to uplift the market growth
  • The increasing demand for organic products among consumers across the globe is also creating an opportunistic market for the players in the lip gloss industry
  •   Key Market Drivers

  • Increasing per capita disposable income
  • Improved technology leading to the growing demand for luxury lip makeup products
  • Growing working women population


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    Frequently Asked Questions (FAQ) :

    Whenever the covid-a9 outbreak came out, several companies suffered a huge loss in their business along with lip gloss market sectors. With the uses of online platforms & online distributional channels, these industries have grown tremendously in the present market.

    The market has been divided into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America, with the Asia Pacific now dominating the worldwide market.

    Kao Corporation, Revlon, Inc., Beiersdorf AG, The Clorox Company, Unilever N.V. /PLC, Carma Labs, Inc., L'Oréal S.A., Bayer AG, EOS Products, LLC, and Avon Products, Inc. are some of the prominent competitors in the worldwide lip care products market.