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| A06570 | Pages: NA | Dec 2021 | 2073 Views | | |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Liquid Lipstick Market
Request Now !Liquid lipstick has much more pigments than a lip gloss. Liquid lipstick offers stronger and intense color than solid lipstick and is also long lasting. Liquid lipstick is one of the cosmetics, which is frequently utilized by the customers. Ingredients used for making liquid lipstick are castor, cocoa butter, mineral, oil, petroleum and other chemical solutions. As people are getting aware about the harmful effects of the chemical used in making liquid lipstick they are demanding lipsticks made of organic and natural ingredients.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | Type, Application, Industry Vertical, and Region, end user |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
Companies covered | Avon Products Inc., L’Oreal, Revlon Inc., Estee Lauder Companies, Coty Inc., Procter and Gamble, Christian Dior SE, Shiseido Company Ltd., Unilever plc, Oriflame Holding AG, Amorepacific Corporation |
The COVID-19 outbreak has fluctuated the consumer buying behavior. COVID-19 has been proved to be growth driver for food, medical, and necessity products it has hampered the supply and demand for lifestyle products and beauty products. The beauty and personal care industry has experienced a decline in the COVID-19 scenario. However, the impact on beauty products is not as serious as it is among other industries. Due to lockdown and restrictions on movement of goods and labors across countries, the supply chain and production of liquid lipstick market is hampered. The consumer buying behavior may change permanently post COVID-19.
The rise in trend of matte finish and glitter finish looks of lips is accelerating the growth of the liquid lipstick market. Shimmer and glittery lip colors are in demand because they are suitable for day time and night time. Surge in the number of women working in office is increasing the demand for liquid lipstick. Increase in appearance consciousness among the working class women drives the growth of the market. Working class women want long lasting lipstick colors.
The global liquid lipstick market trends are as follows:
The leading players are launching new products to meet the changing need of the customers. They are investing in research and development to introduce new innovative variant of liquid lipstick. There is growing concern among lipstick users for the harmful effects on their soft lips because of the chemicals used in the production of liquid lipsticks. For example, cadmium is one of the hazardous chemicals used as the ingredient in making of liquid lipstick, which directly alters the DNA of human body. Lead is another such element used by manufacturers in the production of liquid lipstick which is very harmful for users and can cause high blood pressure, memory, and concentration problems and infertility. Though, negligible amount of lead is used in the product.
The testing of liquid lipstick by the companies is done on wildlife. This is creating limitation for the liquid lipstick market as customers demand for such products which are free from cruelty. However, organic and natural liquid lipstick does not cause injuries to animals and are free from cruelty done to the wildlife. Therefore, organic lipsticks are majorly adopted by the consumers.
Key Segments Covered:
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Questions Answered in the Liquid lipstick Market Research Report:
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