About Lip Gloss
Lip gloss is used to give lips a glossy shine and color. Lip Gloss market is growing owing to development natural lip gloss, flavored lip gloss, and others. The increasing popularity of natural and organic cosmetic products globally is the primary factor driving the lip gloss market. Further, increasing popularity for the western lifestyle in key countries, changing fashion preferences, and increasing disposable income in developing economies also supplementing the growth of lip gloss market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Fragmented nature of market owing to the number of players present in the market. Market leaders are focusing on product innovation due to changing customer demand and preferences. Increasing demand from emerging economies also driving the demand for lip gloss market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Lip Gloss market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Maybelline LLC (United States), Nivea (Germany), Kiehl (United States), MAC (United States), SHISEIDO (Japan), Lancome (France), Neutrogena (United States), CHANEL (France), Yue Sai Kan (China), Max Factor (Poland.), Elizabeth Arden (United States), Clinique (United States), L’Oréal (France), Revlon (United States) and Vaseline (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Daigaku Honyaku Center (Japan), Blistex (United States), NUXE (France) and Burt’s Bees (United States).
Segmentation Overview
AMA Research has segmented the market of Global Lip Gloss market by Type (Solid Cream Lip Balm, Liquid Gel Lip Balm and Others), Application (Exfoliate, Moisturize and Apply Lip Gloss) and Region.
On the basis of geography, the market of Lip Gloss has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Departmental Stores will boost the Lip Gloss market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range , the sub-segment i.e. Low Price Range will boost the Lip Gloss market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Professional User will boost the Lip Gloss market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Lip Gloss with Natural & Organic Ingredients and Focus on New Cosmetic Product Development
Market Growth Drivers:
Rising Focus among Millennials on Physical Appearance and Changing lifestyle Standards Fueled by Rising Disposable Income
Challenges:
Growing Dominance of Local Players’ Product
Restraints:
Adverse Effect on Lips with its Repeated Use and Increasing Availability of Forged Products
Opportunities:
Focus On Price Reduction through Product Invention and Emphasizing on Biodegradable Cosmetic Packaging for Lip Gloss
Market Leaders and their expansionary development strategies
In May 2022 Thread beauty launch vegan lips gloss collection the collection in five in shade .Gloss lip gloss delivers sheer high shine glossy pount in with a single color every single time.
In March 2023, Two of Gen Z‘s favorite brands have teamed up on a collection for denim and beauty lovers. American Eagle Outfitters and E.l.f. Cosmetics is launching unique makeup products with denim-inspired packaging
Key Target Audience
Manufacturers of Lip Gloss, Raw Material Suppliers of Lip Gloss, Online and Offline Retailers, Traders, Distributors, and Suppliers of Lip Gloss, Government and Regional Agencies and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.