Rising per capita income, growing
demand from working women and increasing inclination towards natural and
organic lipsticks to drive Asia-Pacific lipstick market through 2023
According to
TechSci Research report, ‘Asia-Pacific
Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013–2023’, Asia-Pacific lipstick
market is projected to reach $ 6.6 billion by 2023. Growth in the market is led
by expanding working women population, who are increasingly showing inclination
towards cosmetic products including lipstick, coupled with new product
innovations by leading lipstick players. Lipstick is a cosmetic product which
contains oils, waxes, pigments and emollients that provide texture, color and
protection to the lips. Lipstick contains camauba wax, beeswax, candelilla wax
which enable the mixture to take a recognizable lipstick shape which can be
filled in a tube. Further, lanolin, mineral, castor or vegetable oil are added
to the wax. Apart from wax and oils, preservatives, antioxidants, pigment and
fragrances are also added to the lipstick. L'Oréal International, Christian Dior SE, and Shiseido Company Limited are some of the leading players
in Asia-Pacific lipstick market due to their unique product portfolio and wide
product offerings under multiple brands.
Browse 35 Figures spread through 63
Pages and an in-depth TOC on "Asia-Pacific Lipstick Market"
Distribution of urban population is rising across countries
in Asia-Pacific region and is further expected to rise in future as well, owing
to developing economic conditions across the Asia-Pacific region. This factor
is further expected to contribute to the rising demand for lipsticks during
forecast period. Among
distributions channels, Supermarket/Hypermarket generated the highest sales for lipsticks in Asia-Pacific region in
2017. The segment is expected to continue dominating during forecast period as
well, as this sales medium provides convenience of showcasing multiple brands
at a single location thereby providing easy accessibility along with lucrative
discounts and offers.
Customers can also request for 10% free
customization on this report.
“Changing lifestyle
pattern due to growing urbanization and rising disposable income is shifting
consumer focus towards lifestyle and luxury products which is likely to fuel
growth in Asia-Pacific lipstick market as well. Moreover, lipstick, which was
once considered a lifestyle product has now become increasingly affordable. Further,
inclination towards natural and organic lipsticks is rising, as they are less
harmful besides being cruelty-free as they are not tested on animals. Additionally,
continuous product development and growing demand for convenient and attractive
packaging would further steer growth in Asia-Pacific lipstick market
during forecast period.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Asia-Pacific
Lipstick Market By Product Type, By
Distribution Channel, By Country,
Competition, Forecast & Opportunities, 2013–2023” has evaluated the future
growth potential of lipstick market and provides statistics and information on
market structure, size, share and future growth. The report is intended to
provide cutting-edge market intelligence and help decision makers take sound
investment decision. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in Asia-Pacific lipstick market.
Asia-Pacific
Lipstick Market Report
Key Target Audience:
- Lipstick manufacturers,
suppliers
- Research organizations
and consulting companies
- Trade Associations,
organizations, forums and alliances related to lipstick
- Government bodies such as
regulating authorities and policy makers
- Industry associations
Asia-Pacific Lipstick Market Report Covers
following country Market:
1- China Lipstick Market
2- Japan Lipstick Market
3- India Lipstick Market
4- South Korea Lipstick Market
5- Australia Lipstick Market
Browse Related Reports
Global Organic Deodorant Market By Product Type (Spray, Stick &
Roll On), By Point of Sale (Supermarkets/Hypermarkets, Drug Store/Pharmacies,
Specialty stores, Online) Competition Forecast & Opportunities, 2012 – 2022
India Malted Food Drinks Market By Product Type (With Cocoa Powder
& Without Cocoa Powder), By Distribution Channel (Convenience Stores,
Independent Small Grocers, Pharmacies, Online Channel & Others),
Competition Forecast & Opportunities, 2013-2023
GCC Skin Care Market By Product Type (Face Care & Body Care), By
Type (Organic & Conventional), By Distribution Channel (Supermarkets/Hypermarkets,
Multi-Branded Beauty Specialist Stores, etc.), By Country, Competition Forecast
& Opportunities, 2023 https://www.techsciresearch.com/report/gcc-skin-care-market/3464.html
About TechSci Research
TechSci Research is a leading global
market research firm publishing premium market research reports. Serving 700 global
clients with more than 600 premium market research studies, TechSci Research is
serving clients across 11 different industrial verticals. TechSci Research
specializes in research-based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
No comments:
Post a Comment