JSB Market Research

According to “Asia-Pacific Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013–2023” lipstick market stood is projected to reach over $ 6.6 billion by 2023 on account of rising disposable income and expanding semi-urban and urban population. Moreover, with growing working women population, demand for cosmetics including lipsticks is also increasing. Additionally, rising inclination towards natural and organic lipsticks coupled with product innovation and attractive & innovative packaging by leading lipstick players is further anticipated to positively influence Asia-Pacific lipstick market in the coming years. Asia-Pacific Lipstick market is controlled by these major players, namely– LOréal International, Christian Dior SE, Shiseido Company, Limited, The Estée Lauder Companies Inc., and Revlon, Inc. “Asia-Pacific Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opp...

Summary: According to “ Global Lipstick Market By Product Type, By Distribution Channel , By Region, Competition Forecast & Opportunities, 2013 – 2023” lipstick market to cross $ 17 billion by 2023, on account of rising number of product innovations, increasing disposable income and rising demand from young and working women across the globe. Increasing preference for organic cosmetics, rapid urbanization and increasing internet usage coupled with growing demand for lipsticks across major developing countries owing to the increasing purchasing power of the consumers are few of the other market factors driving the lipstick market, globally. Additionally, marketing strategies such as advertisement of products on social networking sites such as Facebook, Twitter, YouTube and other websites by lipstick manufacturing companies are anticipated to further aid the global lipstick market over the coming years. Some of the major companies operating in the global lipstick market are ...