Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Northern Europe

Northern Europe

In 2024, the revenue in Northern Europe's Lips market reaches an impressive US$257.10m.
Looking ahead, the market is projected to experience steady annual growth of 3.33%, as measured by the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
When compared to other regions worldwide, in the United States stands out as the top revenue generator, with a staggering US$4,000m in 2024.
Taking population into account, the per person revenue for Northern Europe in 2024 amounts to US$7.59.
In Northern Europe, the lip care market is booming, with a strong emphasis on natural and organic ingredients in lip balms and a growing demand for tinted lip products.

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.