Mexico Lipstick Market Size & Outlook, 2024-2030

The lipstick market in Mexico is expected to reach a projected revenue of US$ 794.1 million by 2030. A compound annual growth rate of 3.9% is expected of Mexico lipstick market from 2025 to 2030.
Revenue, 2024 (US$M)
$620.1
Forecast, 2030 (US$M)
$794.1
CAGR, 2025 - 2030
3.9%
Report Coverage
Mexico

Mexico lipstick market highlights

  • The Mexico lipstick market generated a revenue of USD 620.1 million in 2024 and is expected to reach USD 794.1 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3.9% 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.

Lipstick market data book summary

Market revenue in 2024USD 620.1 million
Market revenue in 2030USD 794.1 million
Growth rate3.9% (CAGR from 2025 to 2030)
Largest segmentShimmer
Fastest growing segmentMatte
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationShimmer, Matte, Cream, Long-wearing

Other key industry trends

  • In terms of revenue, Mexico accounted for 3.5% of the global lipstick market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. lipstick market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 4,184.6 million by 2030.

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Lipstick Market Companies

Name Profile # Employees HQ Website

Mexico lipstick market size, by product, 2018-2030 (US$M)

Mexico Lipstick Market Outlook Share, 2024 & 2030 (US$M)

Mexico lipstick market size, by product, 2018-2030 (US$M)

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