Skip to main content
  1. Market Insights
  2. Consumer
  3. Beauty & Personal Care
  4. Cosmetics

Lip Cosmetics - Singapore

Singapore
  • In 2025, the revenue in the Lips market of Singapore amounts to US$37.51m.
  • It is projected to experience an annual growth rate of 2.07% (CAGR 2025-2030).
  • When compared globally, United States generates the highest revenue in this market, which is US$4bn in 2025.
  • In terms of per capita figures, each person in Singapore generates revenues of US$6.16 in 2025.
  • The demand for high-end lip products in Singapore has skyrocketed, driven by the country's affluent consumer base and their preference for luxury beauty brands.

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

Revenue

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

Key Players

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Sales Channels

MOST_RECENT_UPDATE: Oct 2024

SOURCE: Statista Market Insights

Global Comparison

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

Contact

Get in touch with us. We are happy to help.