Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - NAFTA

NAFTA

In 2024, the revenue in the Lips market in NAFTA is estimated to be US$4.72bn.
According to projections, the market is expected to experience an annual growth rate of 3.33% from 2024 to 2029 (CAGR 2024-2029).
Among all countries worldwide, in the United States leads in terms of revenue generation, with US$4,000m in 2024.
When considering the population size, per person revenues of US$9.25 are generated in 2024.
The demand for organic and cruelty-free lip products is on the rise in NAFTA countries, reflecting a growing consumer preference for ethical and sustainable beauty options.

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

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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.