Global Lipstick Market Size & Outlook, 2025-2030

The global lipstick market size was estimated at USD 17,489.7 million in 2024 and is projected to reach USD 23,766.8 million by 2030, growing at a CAGR of 4.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$17,489.7
Forecast, 2030 (US$M)
$23,766.8
CAGR, 2025 - 2030
4.7%
Report Coverage
Worldwide

Global lipstick market highlights

  • The global lipstick market generated a revenue of USD 17,489.7 million in 2024 and is expected to reach USD 23,766.8 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 4.7% by 2030.
  • In terms of segment, shimmer accounted for a revenue of USD 7,035.3 million in 2024.
  • Matte 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 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 17,489.7 million
Market revenue in 2030USD 23,766.8 million
Growth rate4.7% (CAGR from 2025 to 2030)
Largest segmentShimmer
Fastest growing segmentMatte
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationShimmer, Matte, Cream, Long-wearing

Other key industry trends

  • In terms of revenue, the North America accounted for 26.4% of the global lipstick market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 3,363.5 million by 2030.

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Lipstick Market Companies

Name Profile # Employees HQ Website
Parfums Christian Dior SA View profile - Paris, Ile-de-France, France, Europe https://www.dior.com/carrieres/index.html
CHANEL View profile 10001+ Neuilly-sur-seine, Ile-de-France, France, Europe https://www.chanel.com/us/
Revlon View profile 1001-5000 New York, New York, United States, North America https://www.revlonanz.com
The Estee Lauder Companies Inc Class A View profile 62000 767 Fifth Avenue, New York, NY, United States, 10153 https://www.elcompanies.com
L'Oreal SA View profile 94605 41, Rue Martre, Clichy Cedex, Paris, France, 92117 https://www.loreal.com
Shiseido Co Ltd View profile 35859 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 http://www.shiseido.co.jp
Coty Inc Class A View profile 11350 350 Fifth Avenue, New York, NY, United States, 10118 https://www.coty.com
Beiersdorf AG View profile 21958 Unnastrasse 48, Hamburg, Germany, 22529 https://www.beiersdorf.com
Unilever PLC View profile 128377 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY https://www.unilever.com
Procter & Gamble Co View profile 107000 One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 https://www.pginvestor.com

Global lipstick market size, by regions, 2018-2030 (US$M)

Top 10 countries: Lipstick market size, 2024 (US$M)

Global lipstick market share, by product, 2024 & 2030 (%, US$M)

Lipstick market: Opportunity assessment by country

Global lipstick market, by region, 2024 (US$M)

Global lipstick market size, by regions, 2018-2030 (US$M)

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