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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, United States generates the highest revenue in this market, with an estimated amount of US$4bn 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.

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

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: Mar 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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