Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Puerto Rico

Puerto Rico

In Puerto Rico, the revenue in the Lips market reached a total of US$18.40m in 2024.
It is projected that the market will experience an annual growth rate of 3.39% (CAGR 2024-2029).
When compared to global figures, in the United States generates the highest revenue in this market, amounting to US$4,000m in 2024.
Taking into account the total population, the per person revenue in Puerto Rico is estimated to be US$5.63 in 2024.
The demand for high-quality, long-lasting lip products in Puerto Rico is on the rise, as consumers prioritize durability and value for money.

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.