Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - APAC

APAC

Revenue in the Lips market amounts to US$9.20bn in 2024. The market is expected to grow annually by 3.86% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$4,000m in 2024).
In relation to total population figures, per person revenues of US$2.15 are generated in 2024.

Key regions: United Kingdom, United States, India, United Arab Emirates, Indonesia

Market

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Methodology

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.