Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Myanmar

Myanmar

In Myanmar, the revenue generated by the Lips market reached US$77.71m in 2024.
It is projected to experience an annual growth rate of 3.59% (CAGR 2024-2029).
When comparing globally, in the United States generates the highest revenue in this market, amounting to US$4,000m in 2024.
When considering the population size, the per person revenue in Myanmar is US$1.41 in 2024.
Myanmar's beauty industry is experiencing a surge in demand for lip products, with consumers seeking traditional Burmese ingredients and colors.

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

Market

Region

Region comparison

Currency

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.