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Report Overview

The global lipstick market size reached approximately USD 10.34 Billion in 2025. The market is further projected to grow at a CAGR of 6.10% between 2026 and 2035, reaching a value of USD 18.69 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

6.1%

Value in USD Billion

2026-2035


*this image is indicative*

Global Lipstick Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 10.34
Market Size 2035 USD Billion 18.69
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 6.10%
CAGR 2026-2035 - Market by Region Asia Pacific 6.8%
CAGR 2026-2035 - Market by Country India 6.9%
CAGR 2026-2035 - Market by Country China 6.5%
CAGR 2026-2035 - Market by Product Type Longwearing 7.1%
CAGR 2026-2035 - Market by Applicator Liquid 6.7%
Market Share by Country 2025 Australia 2.1%

Key Trends in the Market

Lipstick is a coloured cosmetic product that is applied on the lips to change or improve their appearance. Made of oil and wax, it uses different pigments to produce colour and minerals including silica to provide texture. The colour of lipsticks has cultural and aesthetic significance as different colours have different connotations.

  • Adoption of aggressive marketing and promotional strategies by various lipstick manufacturers and distributors is a key trend aiding the lipstick market growth. Social media provides brands the perfect platform for enhancing customer-brand relationship and maintaining and generating brand loyalty. Social media platforms also allow brands to reach their most receptive audience directly.
  • Increasing emphasis on personal care and rising disposable incomes coupled with growing population of working women are fuelling the market expansion. Additionally, the rising availability of lipsticks with personalised applicators and customised shades are further boosting its utilisation.
  • The rising availability of lipsticks across various online distribution channels is allowing the market expansion as they offer a wide range of products from different brands at discounted prices. The provision of easy returns and fast refunds further enhances consumer convenience.

Market Segmentation

Global Lipstick Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Shimmer
  • Matte
  • Cream
  • Longwearing

Market Breakup by Applicator

  • Palette
  • Pencil
  • Tube/Stick
  • Liquid

Market Breakup by Age Group

  • Under 20
  • 20-30
  • 31-50
  • Above 50

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Multi Branded Retail Stores
  • Exclusive Retail Stores
  • Online
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035 - Market by Country
India 6.9%
China 6.5%
Saudi Arabia 6.5%
Mexico 6.4%
UK 6.0%
USA 5.7%
Canada XX%
Germany XX%
Italy XX%
Japan XX%
Australia XX%
Brazil XX%
France 5.6%

Market Share by Product Type

Shimmer lipsticks are anticipated to account for a significant lipstick market share in the coming years due to the comfort provided by the product because of their easy application and high moisture content. Along with being suitable for both nighttime and daytime looks, shimmer lipsticks are easier to remove as compared to cream, longwearing, and matte lipsticks. These lipsticks have an extra oomph of colour and act like glosses and can be opaque or sheer. They also reflect light, making the lips look smoother or plumper.

Market Share by Region

As per the lipstick market analysis, the Asia Pacific is expected to account for a significant share of the market over the forecast period owing to the increasing penetration of global brands in the region along with adoption of attractive and innovative packaging. The demand for organic and natural beauty products and cosmetics including lipsticks is rising owing to the growing awareness about the benefits of using organic products over the ones containing harmful chemicals. Increasing purchasing power of consumers along with changing lifestyles and increased emphasis on physical appearance is also booting the lipstick market demand.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global lipstick market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

L'Oréal S.A.

L'Oréal S.A. is one of the world’s largest cosmetic companies, specialising in perfumes, skin care, hair colour, sun protection, hair care, and makeup, including lipsticks. The company was founded in 1909 and is headquartered in Paris, France.

Chanel S.A.

Chanel S.A., based in London, England, is a world leader in manufacturing, distributing, and creating luxury products. Chanel was established in 1910 and is known for providing a wide range of high-end creations such as skincare, cosmetics, and jewellery.

Coty Inc.

Coty Inc., a multinational beauty company, founded in 1904 and headquartered in New York, United States, specialises in manufacturing fragrances, skin and body care products, and cosmetics including lipsticks.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Christian Dior SE, Giorgio Armani S.p.A, The Estée Lauder Companies, Unilever plc, Oriflame Cosmetics AG, Shiseido Company Limited, and Westman Atelier, LLC, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 10.34 Billion in 2025.

The market is projected to grow at a CAGR of 6.10% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 18.69 Billion by 2035.

The major market drivers include increased utilisation due to growing emphasis on physical appearance and rising purchasing power of consumers.

The key trends fuelling the growth of the market include adoption of aggressive marketing and promotional strategies, introduction of novel lipstick colours, and increased product availability across online distribution channels.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various product types available in the market include shimmer, matte, cream, and longwearing.

The key players in the market are L'Oréal S.A., Chanel S.A., Christian Dior SE, Coty Inc., Giorgio Armani S.p.A, The Estée Lauder Companies, Unilever plc, Oriflame Cosmetics AG, Shiseido Company Limited, and Westman Atelier, LLC, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Applicator
  • Age Group
  • Distribution Channel
  • Region
Breakup by Product Type
  • Shimmer
  • Matte
  • Cream
  • Longwearing
Breakup by Applicator
  • Palette
  • Pencil
  • Tube/Stick
  • Liquid
Breakup by Age Group
  • Under 20
  • 20-30
  • 31-50
  • Above 50
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Multi Branded Retail Stores
  • Exclusive Retail Stores
  • Online
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • L'Oréal S.A.
  • Chanel S.A. 
  • Christian Dior SE
  • Coty Inc.
  • Giorgio Armani S.p.A
  • The Estée Lauder Companies
  • Unilever plc
  • Oriflame Cosmetics AG
  • Shiseido Company Limited
  • Westman Atelier, LLC
  • Others

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