Middle East & Africa Lip Care Products Market Size & Outlook
Middle East & Africa lip care products market, 2016-2028 (US$M)
Related Markets
MEA lip care products market highlights
- The MEA lip care products market generated a revenue of USD 62.2 million in 2021.
- The market is expected to grow at a CAGR of 4.9% from 2022 to 2028.
- In terms of segment, hypermarkets & supermarkets was the largest revenue generating distribution channel in 2021.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
MEA data book summary
| Market revenue in 2021 | USD 62.2 million |
| Market revenue in 2028 | USD 86.8 million |
| Growth rate | 4.9% (CAGR from 2021 to 2028) |
| Largest segment | Hypermarkets & supermarkets |
| Fastest growing segment | Online |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hypermarkets & Supermarkets, Pharmacy & Drug Stores, Specialty Stores, Online |
| Key market players worldwide | L'Oreal SA, Unilever PLC, Beiersdorf AG, Colgate-Palmolive Co, The Estee Lauder Companies Inc Class A, Johnson & Johnson, Shiseido Co Ltd, Procter & Gamble Co, Avon Products, Revlon |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global lip care products market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,196.4 million by 2028.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Lip Care Products Market Scope
Lip Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa lip care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lip care products market will help companies and investors design strategic landscapes.
Hypermarkets & supermarkets was the largest segment with a revenue share of 56.59% in 2021. Horizon Databook has segmented the Middle East & Africa lip care products market based on hypermarkets & supermarkets, pharmacy & drug stores, specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2028.
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Target buyers of Middle East & Africa lip care products market databook
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Our clientele includes a mix of lip care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa lip care products market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lip care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
MEA lip care products market size, by country, 2016-2028 (US$M)
Middle East & Africa Lip Care Products Market Outlook Share, 2021 & 2028 (US$M)
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