The Global Lip Powder Market will reach a valuation of USD 423.48 million in 2022 and expand at a compound annual growth rate (CAGR) of 6.8%. One kind of lip cosmetic product that has grown in popularity recently is lip powder. Using a brush or applicator, apply the loose powder formula to your lips. Lip powders can give lips a bright, long-lasting color and usually have a matte appearance.
They can be used to produce a range of lip appearances, from subtle to dramatic, and are frequently offered as an alternative to traditional lipstick or lip gloss. Lip powders come in a variety of hues and textures, so they can be used with a lot of skin tones and preferences.
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The increasing demand for matte lip colour is another element propelling the lip powder market’s expansion. Highly pigmented matte lip tints provide a smudge-proof, long-lasting finish. Lip powder is a great choice for customers who like this style of lip colour because it may be applied with a matte finish.
The growing market for natural and organic beauty products is one of the main factors propelling the lip powder industry. Customers are looking for more natural and organic makeup alternatives as they become more conscious of the potentially dangerous effects of some of the chemicals present in conventional makeup products. For these customers, lip powder which is created from natural components and devoid of dangerous chemicals is an alluring choice.
Players Covered in the Lip Powder Market are:
L’Oréal S.A., Maybelline LLC, M•A•C Cosmetics, By Terry, NARS Cosmetics, Stellar Beauty, Urban Decay Cosmetics, NYX PROFESSIONAL MAKEUP, BUXOM Cosmetics, Clinique Laboratories, llc, CLE COSMETICS, Lique Cosmetics, Revlon, Inc., Christian Dior SE, Cult Beauty Ltd., CHANEL Company, Essence Cosmetics, Sephora USA, Inc., Huda Beauty, and Younique, LLC.
Market Segmental Analysis
By Type
Lip Powder Palettes
Lip Powder Pen
By Distribution
Online
Offline
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
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