Lipstick is a type of cosmetic product that consists of a pigment dispersed in a mixture of oils and waxes that apply color, texture, and protection to the lips. It is a cosmetic preparation, which is used to change the color and protect lips from the external environment become an integral part of every woman’s life nowadays.

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The rising number of working women population and increase usage of e-commerce beauty websites are of the key factors that will boost the global lipstick market. The major growth drivers of the global lipstick market are growing urbanization, leading to a change in the lifestyle, Innovative advertisements, and e-commerce boom. In addition, the availability of a wide variety of color, texture, and luster in lipstick and an increase in the purchasing power of women will boost up the global lipstick market. Demand for long-wearing and matte lipsticks is growing at a faster pace than other types of lipstick will further enhance the global lipstick market. Moreover, women prefer natural and herbal based lipstick which contains no chemicals. The main restraint in this market is health-related problems as it contains harmful chemicals and heavy metals, which may cause cancer and a high amount of leads can result in high blood pressure and memory loss due to the availability of duplicate lipstick which further hinders the growth of the global lipstick market.

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Various notable players operating in the market, L’Oréal, Shiseido Company Limited, The Estée Lauder Companies Inc., P&G, Avon Products Inc., Oriflame Holding AG, Revlon Inc., Inglot Sp. Z. O. O., CHANEL, Markwins Beauty Brands, Inc., among others.

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The global lipstick market has been segmented on the basis of product type, finish, distribution channel and key geographies. Based on product type, the market is segmented into stick, liquid, and others. Based on finish, the market is segmented into Cream, Matte, Satin, Gloss, and Others. Based on distribution channel, the market is segmented into online stores, supermarkets, cosmetic stores, and others.

Key questions answered in this research report:

At what pace global lipstick market growing? What will be the growth trend in the future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global lipstick market?
What are the various application areas and how they are poised to grow?

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