The global liquid lipstick market size was USD 2,520.0 Million in 2021 and is expected to register a revenue CAGR of 6.9% over the forecast period, according to the latest report by Reports and Data. Young female customers are becoming more conscious of their looks and personal grooming which are key factors expected to drive the market revenue growth to some extent.
Growing consumer health consciousness and awareness of the advantages of organic cosmetics are driving demand for natural and organic liquid lipstick. High antioxidant content found in organic and natural products aids in healing damaged skin cells. It is expected that this advantageous feature would encourage product consumption rapidly. Customers are eager to try out different lip colors and textures. Color trends vary depending on region, skin tone, and personal preferences among women. Imperfect lip tints that practically smear into the lip line are becoming more and more fashionable in western countries.
The global liquid lipstick market is expected to grow as a result of factors including changing lifestyles, increased urbanization, and growing awareness of aesthetics. Additionally, the growing young population and rising consumer disposable income are two other key factors expected to drive the revenue growth of the global liquid lipstick market over the forecast period. Also, the easy availability of liquid lipsticks on e-commerce websites and rising marketing strategies used by major manufacturers, such as advertisements of cosmetics on social media platforms like YouTube, Facebook, and Twitter, among others, will support the revenue growth of the market.
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Top 10 Profiled in the Global Liquid Lipstick Market Report: Avon, Estée Lauder Companies, Unilever, Revlon, Procter & Gamble, Coty Inc., Christian Dior SE, Shiseido Company, Limited, Johnson & Johnson Services, Inc., and Shanghai Jahwa United Co., Ltd.
Some Key Highlights From the Report
Type Outlook (Revenue, USD Million; 2019-2030)
Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
Age Outlook (Revenue, USD Million; 2019-2030)
Key Regional Markets Covered in the Report:
Key Takeaways of the Global Liquid Lipstick Market Report:
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