Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Nordics

Nordics

In 2024, the revenue in the Lips market in the Nordics amounts to US$229.50m.
It is projected to experience an annual growth rate of 3.33% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue, reaching US$4,000m in 2024.
In terms of per person revenues, the Nordics generate US$8.18 in 2024.
The Nordic market for lip products has seen a surge in demand for natural and sustainable ingredients, reflecting the region's strong commitment to environmental consciousness.

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.