KD Market Insights has published a report on global Lipstick market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Lipstick market is expected to grow at a CAGR of 4.7% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD 19.6 Billion by the end of 2025. The report covers a detailed chapter on market segmentation of Lipstick market covering market segments by type, and distribution channel.
The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Growth Drivers – Lipstick Market
Rising Number of Female Professionals
Changing lifestyles is one of the most important factors which is impacting the cosmetic industry all over the world. Cosmetics plays an important role in enhancing the beauty and personality of people. This growing demand has resulted in the expansion of global lipstick market.
Increasing grooming and appearance consciousness among young females across the world is one of the major factors driving the growth of global lipstick market. Also, lipstick market is driven by young female professionals. Increasing number of female workforce and rising purchasing power of women is expected to intensify the growth of global lipstick market.
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By type, the lipstick market has been analyzed into glossy, matte and others. Several leading companies are launching wide range of products in order to increase their market shares. For instance, in June 2018, L’Oréal S.A. launched Color Riche Shine lipsticks, which is a non-sticky, glossy finish in wide range of colors.
By Distribution Channel
On the basis of distribution channel, the lipstick market has been segmented into online store, supermarket, specialty stores and others. Presence of wide range of products in supermarket is also aiding to the growth of market. However, online distribution channel is expected to showcase highest rate of growth during the forecast period.
This research report studied the Lipstick market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Lipstick market. Country analysis is also covered for various major economies across various regions:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
This study evaluates and categorizes the key vendors in the Lipstick market. The key companies published in the report include among others,
– L’Oréal International
– Christian Dior SE
– Shiseido Company, Limited
– The Estée Lauder Companies Inc.
– Revlon, Inc.
– Coty, Inc.
– Avon Products, Inc.
– INGLOT Cosmetics
– Chanel S.A.
– ABLE C&C Co., Ltd.
– Other Major & Niche Players
The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.
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