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The  lipstick market  is forecasted to record $13.4 billion by 2024, and is expected to grow at a CAGR of 6.6% during the forecast period 2019-2024, according to P&S Intelligence. Rising number of working women population, and inclination toward e-commerce beauty websites are the major factors contributing to the growth of the market, globally. Market Segments Based on product type, the lipstick market is segmented into matte, shimmer/pear/frost, glossy, satin/sheer, metallic, luminous, natural, and crème. Of these, satin/sheer category is estimated to hold largest revenue share in 2018, and would continue to display growth in the coming years as well. However, matte lipsticks category is expected to exhibit the fastest CAGR, during the forecast period owing to growing preference by consumers pertaining to the availability of diverse color shades in the market. In terms of region, the lipstick market is classified into Europe, Asia-Pacific (APAC), North Ameri...

The increasing urbanization, improvement in lifestyle, and trend of picture posting on social media are the key factors, encouraging the use of cosmetic products. Lipstick is one of those lifestyle products, which is affordable for every individual belonging to every section of the society.     The key restraints in the growth of the global lipstick market includes the growing inclination of consumers towards neutral lip color in North America and Western Europe, and increasing geriatric population in certain countries, such as Japan and the U.K. The women geriatric population is expected to upsurge with a higher pace, as compared to men. The appearance consciousness of women diminishes with ageing, which hampers the growth of the cosmetic industry, including the lipsticks. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/lipstick-market/report-sample Asia-Pacific accounted for the largest share within the global lipstick...