The Lipstick Manufacturing industry develops, produces and packages a variety of lip color and care products, including lipstick, lip stain, lip gloss, lip liner and lip balm. Over the five years to 2018, industry operators have experienced elevated demand, particularly for premium-level goods, in line with increased consumer spending and overall economic expansion. Consumer preferences and the introduction of new products have also contributed to revenue growth. Over the five years to 2023, the Lipstick Manufacturing industry is expected to contract slightly as the market nears saturation and the Consumer Confidence Index declines. However, industry operators will continue to benefit from increased demand for premium products, which carry higher price tags and profit margins.
This industry prepares, blends, compounds and packages both cosmetic and therapeutic lip products. Products in this industry include lipstick, lip gloss, lip stains, lip liner and lip balm.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook