Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Namibia

Namibia

In 2024, the revenue generated in the Lips market in Namibia amounts to N US$8.03m.
It is projected that this market will experience an annual growth rate of 6.28% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States leads in revenue generation for the Lips market, with a total of N US$4,000m in 2024.
In terms of per capita revenue, in Namibia generates N US$3.03 per person in 2024.
In Namibia, the demand for organic and natural lip products is growing steadily, reflecting the country's increasing focus on sustainable and eco-friendly beauty choices.

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.