Latin America Lipstick Market Size & Outlook, 2024-2030
The lipstick market in Latin America is expected to reach a projected revenue of US$ 1,619.8 million by 2030. A compound annual growth rate of 2.8% is expected of Latin America lipstick market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,348.5
Forecast, 2030 (US$M)
$1,619.8
CAGR, 2025 - 2030
2.8%
Report Coverage
Latin America
Latin America lipstick market, 2018-2030 (US$M)
Related Markets
Latin America lipstick market highlights
- The Latin America lipstick market generated a revenue of USD 1,348.5 million in 2024.
- The market is expected to grow at a CAGR of 2.8% from 2025 to 2030.
- In terms of segment, shimmer was the largest revenue generating product in 2024.
- Matte is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 1,348.5 million |
| Market revenue in 2030 | USD 1,619.8 million |
| Growth rate | 2.8% (CAGR from 2025 to 2030) |
| Largest segment | Shimmer |
| Fastest growing segment | Matte |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shimmer, Matte, Cream, Long-wearing |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global lipstick market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,435.2 million by 2030.
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Lipstick Market Scope
Lipstick market segmentation & scope
Lipstick Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America lipstick market size, by country, 2018-2030 (US$M)
Latin America Lipstick Market Outlook Share, 2024 & 2030 (US$M)
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