Lipstick Market to Reach USD 8.6 Billion by 2031, Driven by Rising...

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2025-06-19 17:08:16 -

Lipstick Market to Reach USD 8.6 Billion by 2031, Driven by Rising Beauty Trends

The global lipstick market was valued at USD 5.8 billion in 2022 and is projected to reach USD 8.6 billion by 2031, expanding at a CAGR of 4.4% from 2023 to 2031. This growth is driven by rising beauty consciousness, evolving fashion trends, and increasing demand for premium cosmetic products. Additionally, the influence of social media and celebrity endorsements continues to boost consumer...

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