Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - North Macedonia

North Macedonia

In the year 2024, the revenue generated in the Lips market in North Macedonia amounts to US$5.03m.
It is projected that this market will experience an annual growth rate of 3.52% (CAGR 2024-2029).
When compared globally, in the United States leads in terms of revenue, with a total of US$4,000m in 2024.
Taking into account the total population, the per person revenue in North Macedonia is approximately US$2.42 in 2024.
North Macedonia's growing interest in natural and organic lip products is driving the demand for sustainable and eco-friendly options in the market.

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.