Middle East & Africa Lip Powder Market Size & Outlook

The lip powder market in Middle East & Africa is expected to reach a projected revenue of US$ 39.2 million by 2030. A compound annual growth rate of 4.3% is expected of Middle East & Africa lip powder market from 2024 to 2030.
Revenue, 2023 (US$M)
$29.2
Forecast, 2030 (US$M)
$39.2
CAGR, 2024 - 2030
4.3%
Report Coverage
Middle East & Africa

Middle East & Africa lip powder market, 2018-2030 (US$M)

Middle

MEA lip powder market highlights

  • The MEA lip powder market generated a revenue of USD 29.2 million in 2023.
  • The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
  • In terms of segment, palette was the largest revenue generating product in 2023.
  • Palette is the most lucrative product segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023USD 29.2 million
Market revenue in 2030USD 39.2 million
Growth rate4.3% (CAGR from 2023 to 2030)
Largest segmentPalette
Fastest growing segmentPalette
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPalette
Key market players worldwideThe Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Sephora

Other key industry trends

  • In terms of revenue, MEA region accounted for 6.2% of the global lip powder market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 225.7 million by 2030.

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Lip Powder Market Scope

Lip powder market segmentation & scope
Palette
Pen
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

Middle East & Africa lip powder market

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