Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Belarus

Belarus

in Belarus, being a part of the global Lips market, has witnessed significant revenue growth in recent years.
In 2024, the revenue in this market reached an impressive US$16.30m.
Looking ahead, the market is projected to continue its upward trajectory with an annual growth rate of 3.70% (CAGR 2024-2029).
When comparing the revenue generated in Belarus to other countries, it is noteworthy that in the United States leads the pack with a staggering revenue of US$4,000m in 2024.
This highlights the dominant position of the US in the global Lips market.
To put the revenue figures into perspective, it is important to consider the per capita revenue generated in Belarus.
In 2024, the per person revenue amounted to US$1.72.
This indicates the economic potential and market demand for Lips market products in the country.
In Belarus, the lips market is experiencing a surge in demand for natural and organic lip care products.

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

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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.