Industry Background:
Lip powder is lipstick in powder form, offering a different finish and feel than classic creams, liquids and stains. The magic happens when you swipe them on: the pigment-packed dust melts into lips upon contact, leaving behind a thin veil of matte or metallic colour.Lip powders are formulated with silica, which helps the pigment spread smoothly, and often contain hydrating ingredients like vitamin E, coconut oil and glycerin.
According to AMA Research, the market for Lip Powder is expected to register a CAGR of 5.8% during the forecast period to 2030. This growth is primarily driven by The Lip powder market is registering major demand for lipstick products from the working women population..
Attributes | Details |
---|
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 Consumer 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 L'Oreal(France), Chanel (United Kingdom), Beiersdorf (Germany), Avon Products (United States), Amway(United States), Estee Lauder (United States), Shiseido (Japan), Revlon(United States), LVMH(France) and Huda Beauty (United Arab Emirates), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In February 2022, SUGAR Cosmetics launched India’s first-ever powder lipstick - Air Kiss Powder Lipstick, which is a unique powder formula that transforms into a matte cream when applied.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
The use of lip powder, especially in matte lipsticks is the latest trend
Market Growth Drivers:
The Lip powder market is registering major demand for lipstick products from the working women population.
Challenges:
Substitute availability
Restraints:
High cost associated with lip powder
Opportunities:
The inclination toward social media marketing is one of the major opportunities being exhibited in the lip powder market. Social media marketing is becoming increasingly popular in the promotion of beauty products, which includes lip powder
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 Lip Powder 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 Lip Powder 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 Lip Powder 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, Lip Powder Study Sheds Light on
The Lip Powder Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Lip Powder industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Lip Powder 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.