Lip Cosmetics - Nicaragua
Nicaragua- In Nicaragua, the revenue generated in the Lips market reached US$9.30m in 2024.
- It is projected to experience an annual growth rate of 2.77% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue in this market segment, with US$4bn in 2024.
- In terms of per capita income, in Nicaragua generates US$1.30 in revenue per person in 2024.
- The demand for organic and natural lip products is on the rise in Nicaragua, as consumers become more conscious about the ingredients they put on their lips.
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
