Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Bulgaria

Bulgaria

In Bulgaria, the revenue generated in the Lips market in 2024 amounts to US$17.14m.
It is projected that the market will experience an annual growth rate of 1.51% (CAGR 2024-2029).
In comparison to other countries, in the United States generates the highest revenue in the Lips market, reaching US$4,000m in 2024.
Considering the total population, per person revenues of US$2.59 are generated in Bulgaria in 2024.
The demand for high-quality lip products in Bulgaria has been steadily increasing, with consumers seeking long-lasting formulas and a wide range of shades.

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.