Global Lip Powder Market Size & Outlook, 2023-2030
The lip powder industry worldwide is expected to reach a projected revenue of US$ 734.1 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide lip powder industry from 2024 to 2030.
Revenue, 2023 (US$M)
$468.8
Forecast, 2030 (US$M)
$734.1
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide
Global lip powder market, 2018-2030 (US$M)
Global lip powder market highlights
- The global lip powder market generated a revenue of USD 468.8 million in 2023 and is expected to reach USD 734.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
- In terms of segment, palette accounted for a revenue of USD 468.8 million in 2023.
- Palette is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 468.8 million |
| Market revenue in 2030 | USD 734.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Palette |
| Fastest growing segment | Palette |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Palette |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global lip powder market in 2023.
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Lip Powder Market Scope
Lip powder market segmentation & scope
Distribution Channel
Online
Offline
Countries
U.S.
Canada
Mexico
Germany
France
Italy
UK
Spain
India
China
Japan
Argentina
Brazil
Saudi Arabia
South Africa
Lip Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lip powder market size, by regions, 2018-2030 (US$M)
Related regional statistics
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