Market Overview:
The global luxury lipstick market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for luxury lipsticks by men and women across the globe. Additionally, factors such as rising disposable income, changing lifestyle and growing awareness about luxury products are also propelling the growth of this market. Based on type, solid lipsticks accounted for a major share of the global luxury lipstick market in 2017. This segment is projected to grow at a CAGR of 5.7% during the forecast period owing to its high demand from both men and women consumers across different regions. Lip glazes are another popular type of luxury lipstick that is witnessing significant growth due to its light weight and glossy finish properties.
Product Definition:
Luxury lipstick is a type of lipstick that is made with high-quality ingredients and costs more than other types of lipsticks. It is often marketed as a luxurious product and may be packaged in a special way. Luxury lipsticks usually offer superior coverage, color payoff, and long-lasting wear when compared to less expensive brands. They are also sometimes moisturizing or hydrating, which can be beneficial for people with dry lips.
Solid Lip Stick:
Solid lipsticks are the new trend in luxury lipsticks. They have a higher proportion of pigment, which makes them more long-lasting and intense as compared to their liquid counterparts. Solid lipsticks contain moisturizing properties due to its balm like texture, which is why it's gaining popularity among consumers who prefer comfortable wear with high pigmentation.
The solid form of lipstick is available in various forms such as crayons, balms, waxes.
Lip Glaze:
Lip glaze is a clear gloss that is usually applied on top of the lip color. It helps to enhance the pigmentation of lipsticks and makes them more opaque. The main function of this product is to add shine to the lips without making it shiny or greasy.
Application Insights:
Men application segment held the largest share of more than 60.0% in 2017. This is due to growing preference for bold and bright lip colors among men especially in western countries like U.S., Canada, Germany, France etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This growth can be attributed to increasing product launches and innovations by top cosmetic brands in this region. For instance, Maybelline launched Color Sensationals Lip Maestro collection which has different color variants for different occasions such as day look, night out and party time among others. These products are available in various shades such as nudes, berries, reds and plums among others that suit every skin tone variant thereby boosting the application scope significantly.
Growth Factors:
- Increasing disposable income of women: The growth in the luxury lipstick market is majorly attributed to the increasing disposable income of women across the globe. This has led to an increase in their spending on luxury products, including lipsticks.
- Rising demand for premium and organic cosmetics: There is a growing demand for premium and organic cosmetics, which is benefiting the growth of the luxury lipstick market. Consumers are increasingly becoming aware of the harmful effects of synthetic chemicals present in conventional cosmetics and are hence shifting towards natural and organic alternatives, such as luxury lipsticks.
- Proliferation of social media platforms: Social media platforms have emerged as powerful marketing tools for brands selling luxury lipsticks. These platforms allow brands to reach out to a large number of consumers quickly and effectively, thereby boosting sales significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Lipstick Market Research Report
By Type
Solid Lip Stick, Lip Glaze, Other
By Application
Men, Women
By Companies
GUCCI, Chanel, Dior, Armani, Givenchy, L'OREAL, Tatcha, Christian Louboutin, Tom Ford, Guerlain
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Lipstick Market Report Segments:
The global Luxury Lipstick market is segmented on the basis of:
Types
Solid Lip Stick, Lip Glaze, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GUCCI
- Chanel
- Dior
- Armani
- Givenchy
- L'OREAL
- Tatcha
- Christian Louboutin
- Tom Ford
- Guerlain
Highlights of The Luxury Lipstick Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Lip Stick
- Lip Glaze
- Other
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Lipstick Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury lipstick is a type of lipstick that is made with high-quality ingredients and has a luxurious feel. It usually contains more than one color, and can be expensive.
Some of the key players operating in the luxury lipstick market are GUCCI, Chanel, Dior, Armani, Givenchy, L'OREAL, Tatcha, Christian Louboutin, Tom Ford, Guerlain.
The luxury lipstick market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury Lipstick Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury Lipstick Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury Lipstick Market - Supply Chain
4.5. Global Luxury Lipstick Market Forecast
4.5.1. Luxury Lipstick Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury Lipstick Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury Lipstick Market Absolute $ Opportunity
5. Global Luxury Lipstick Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury Lipstick Market Size and Volume Forecast by Type
5.3.1. Solid Lip Stick
5.3.2. Lip Glaze
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury Lipstick Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury Lipstick Market Size and Volume Forecast by Application
6.3.1. Men
6.3.2. Women
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury Lipstick Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury Lipstick Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury Lipstick Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury Lipstick Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury Lipstick Demand Share Forecast, 2019-2026
9. North America Luxury Lipstick Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury Lipstick Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury Lipstick Market Size and Volume Forecast by Application
9.4.1. Men
9.4.2. Women
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury Lipstick Market Size and Volume Forecast by Type
9.7.1. Solid Lip Stick
9.7.2. Lip Glaze
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury Lipstick Demand Share Forecast, 2019-2026
10. Latin America Luxury Lipstick Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury Lipstick Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury Lipstick Market Size and Volume Forecast by Application
10.4.1. Men
10.4.2. Women
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury Lipstick Market Size and Volume Forecast by Type
10.7.1. Solid Lip Stick
10.7.2. Lip Glaze
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury Lipstick Demand Share Forecast, 2019-2026
11. Europe Luxury Lipstick Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury Lipstick Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury Lipstick Market Size and Volume Forecast by Application
11.4.1. Men
11.4.2. Women
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury Lipstick Market Size and Volume Forecast by Type
11.7.1. Solid Lip Stick
11.7.2. Lip Glaze
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analyss
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury Lipstick Demand Share, 2019-2026
12. Asia Pacific Luxury Lipstick Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury Lipstick Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury Lipstick Market Size and Volume Forecast by Application
12.4.1. Men
12.4.2. Women
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury Lipstick Market Size and Volume Forecast by Type
12.7.1. Solid Lip Stick
12.7.2. Lip Glaze
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury Lipstick Demand Share, 2019-2026
13. Middle East & Africa Luxury Lipstick Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury Lipstick Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury Lipstick Market Size and Volume Forecast by Application
13.4.1. Men
13.4.2. Women
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury Lipstick Market Size and Volume Forecast by Type
13.7.1. Solid Lip Stick
13.7.2. Lip Glaze
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury Lipstick Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury Lipstick Market: Market Share Analysis
14.2. Luxury Lipstick Distributors and Customers
14.3. Luxury Lipstick Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GUCCI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chanel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dior
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Armani
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Givenchy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. L'OREAL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tatcha
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Christian Louboutin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tom Ford
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guerlain
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
