The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
The Maximize Market Research has published a global market intelligence and research report on Lipstick Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for Lipstick are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
The report has covered the 34 countries across the world, which are supposed to be the attractive destinations for stakeholders in the industry. The key players selected for profiling and benchmarking are selected on their global presence, regional dominance, and probable investment criteria. The analyst at MMR has tried to give good representation to global, regional and local players in the competitive landscape. “Having said this, Sr. Analyst has said that, while estimating market size by different segment, they have not left any stone unturned to derive the total market size and market size by regions. All the local, regional and global players’ contribution to total market by supply side has been considered.
Lipstick Market : was valued at US$ 9.57 billion in 2021 and is projected to reach US$ 13.19 billion by 2027, growing at a CAGR of 5.5% during the forecast period.
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Lipstick Market Overview:
Apart from market size and forecasting, the report has covered the recent developments, key trends, M&A, government regulations, purchasing pattern of the customers. Macroeconomic indicators in each economy are studied to understand the future course of action for the market.
SWOT analysis of each player, PESTLE and PORTER”S analysis benchmarking of key players on different parameters made this report exclusive and investors guide.
Market Segmentation:
In 2021, the hypermarket/supermarket segment held the major share of the lipstick market. Whereas, an online store is projected to grow at the fastest CAGR due to the variety of brands available in a single place and heavy discounts available on cosmetic brands, and convenience of product delivery at home. Growing e-commerce across the globe and the high penetration rate of smartphones among consumers are factors propelling online store segment growth.
Key players:
• L’oreal
• Estee Lauder
• Relvon
• Lvmh
• Shiseido
• Chanel
• Rohto
• Beiersdorf
• Dhc
• Johnson & Johnson
• Avon
• Jahwa
• Jala
The research provides a comprehensive review of the Lipstick market’s presence in various sectors and nations. The research analyst aims to discover hidden development potential that may be utilized by organizations in various parts of the world by doing a thorough geographical study of the sector. Global Lipstick Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. In the research study, significant market aspects such as market drivers and barriers are separated from essential development prospects and industry trends.
Reasons to Purchase the Lipstick Market Report:
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Maximize Market Research provides B2B and B2C research on 12500 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages,
Nov 23, 2022