Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Belgium

Belgium

In Belgium, the revenue in the Lips market for 2024 is estimated to be US$41.02m.
It is projected to experience an annual growth rate of 1.76% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this market, with an estimated amount of US$4,000m in 2024.
In terms of per capita revenue, each person in Belgium generates US$3.50 in 2024.
The demand for high-quality, natural lip products is steadily increasing in Belgium, reflecting the country's commitment to sustainability and eco-friendly beauty.

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.