Lip Cosmetics - ASEAN
ASEAN- In ASEAN, the revenue in the Lips market is projected to reach US$1.10bn in 2024.
- It is anticipated that the market will experience an annual growth rate of 3.62% (CAGR 2024-2029).
- When compared to other countries worldwide, United States generates the highest revenue in this market, amounting to US$4bn in 2024.
- Taking into account the total population figures, the per person revenue in ASEAN is estimated to be US$1.59 in 2024.
- In the ASEAN market, the demand for lip care products in Thailand has been steadily increasing due to the country's beauty-conscious culture.
Definition:
The Cosmetics market Lips contains decorative cosmetics that serve as beauty products for the lips including lipsticks, lipliner or lip gloss. Excluded are care products such as lip balms & butter, they can be found in the Skin Care segment.
Additional Information:
The market comprises revenue, average revenue per capita, and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
In-Scope
- Lipsticks
- Lipliner
- Lip gloss
Out-Of-Scope
- Lip balms & butter
- Lip protection
- Natural cosmetics
