Industry Background:
The Moist or Moisturizing Lipsticks are formulated to create a velvety, satin texture that easily glides on lips for vibrant color and luminous shine. It is enriched with Shea and Vitamins A, C, & E to nourish and hydrate the lips. The rich, creamy formula seals in moisture for long-lasting wear and comfort. People who have dry lips use moisturizing lipstick because it keeps lips soft and smooth. Further, the rising number of working women with increasing disposable income & increasing demand for cosmetic products are some of the factors driving the Global Moist Lipstick market.
According to AMA Research, the market for Moist Lipstick is expected to register a CAGR of 5.5% during the forecast period to 2030. This growth is primarily driven by Increasing Health Consciousness and Awareness among Consumers
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Apparel, Accessories & Luxury Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Mentholatum (NewZealand), Maybelline LLC (United States), Beiersdorf (Germany), Kiehl’s (United States), The Estée Lauder Companies Inc. (United States), Sephora USA, Inc. (United States), Lancome (United States), Neutrogena (United States), CHANEL S.A. (France), Yue Sai (China), Coty, Inc. (United States), Elizabeth Arden, Inc. (United States), Mary Kay (United States) and L'Oreal S.A. (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In April 2023, The Estée Lauder Companies Inc announced that it has completed its acquisition of the TOM FORD brand and is now the sole owner of the TOM FORD brand and all its intellectual property. ELC’s stewardship and its licenses with Ermenegildo Zegna N.V. (“Zegna Group”) and Marcolin Group provide continuity and allow for the further evolution of the TOM FORD brand as one of the preeminent global luxury brands of the twenty-first century.
In February 2022, SUGAR Cosmetics: Launched India’s first-ever powder lipstick, Air Kiss Powder Lipstick. This innovative product has a powder formula that transforms into a sleek matte cream when applied.The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Influencing Trend:
Product Advertisement through Social Media, Preferences of Consumer for Longer Shelf Life of Moist Lipsticks and High Demand for Moisturizing and Nourishing Properties in Lipsticks
Market Growth Drivers:
Increasing Health Consciousness and Awareness among Consumers, High Demand among Mass Population, Owing to Rising Purchase Power and Rapid Urbanization and Internet Penetration
Challenges:
High Cost of Moisturising Lipstick of Famous Brands
Restraints:
Use of Chemicals and Colorants in Moist Lipsticks by Manufacturers
Opportunities:
Increasing Demand among Young Working Women, Growing Demand for Long Wearing Lipsticks at Swift Pace and Inclination of Women's towards E-Commerce & Beauty Websites
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Moist Lipstick Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Moist Lipstick Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Moist Lipstick players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Moist Lipstick Study Sheds Light on
The Moist Lipstick Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Moist Lipstick industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Moist Lipstick industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.