Lipstick Market Size, Share, Growth and Forecast 2022-2029

Lipstick Market was valued at USD 12.4 billion in 2021 and is estimated to reach USD 19.6 billion in 2029, growing at a CAGR of 5.9% during 2022-2029. The factors driving the growth of Lipstick Market includes growing consciousness amongst consumers about maintaining physical appearance, rising influence of social media platforms such as Instagram and Facebook, introduction of lipsticks with customizable shades, expansion of the e-commerce industry and increasing preference for organic cosmetic products around the world.

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