Lipstick Market Is Expected to Reach $13.4 Billion by 2024
According to a report by P&S Intelligence, the global lipstick market is predicted to reach a value of $13.4 billion by 2024, rising from $9.2 billion in 2018, and is expected to progress at a 6.6% CAGR during the forecast period (2019–2024). The market is registering growth due to the increasing demand for lipsticks from working women and surging focus towards e-commerce beauty websites. In terms of product types, the industry is divided into shimmer/pearl/frost, satin/sheer, luminous, metallic, natural, glossy,...
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