Lip Cosmetics - G20
G20- In 2024, the revenue in the Lips market in G20 countries amounts to US$13.52bn.
- It is projected to experience an annual growth rate of 3.51% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue with US$4bn in 2024.
- In terms of per person revenues, US$3.82 is generated in 2024 in relation to the total population figures.
- In the G20 country of Brazil, the market for lip care products is booming due to a growing emphasis on natural and organic ingredients.
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
