India Lipstick Market (2025-2031) Outlook | Industry, Revenue, Trends, Growth, Share, Companies, Analysis, Size, Value & Forecast

Market Forecast By Product Type (Matte, Glossy, Lip Powder, Others), By Form (Stick, Liquid, Palette), By Distribution Channel (Supermarkets/hypermarkets, Specialty Stores, Online Stores) And Competitive Landscape
Product Code: ETC331284 Publication Date: Aug 2023 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Lipstick Market Size Growth Rate


The India Lipstick Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 15.42% in 2025, climbs to a high of 16.53% in 2028, and moderates to 15.97% by 2029.

India Lipstick Market Growth Rate

India Lipstick Market Synopsis

The India lipstick market was valued at US$ 319.03 million in 2025 and is projected to reach US$ 656.61 million by 2031, witnessing a CAGR of 10.0% during the forecast period (2025-2031). The factors driving the growth of this market include increasing demand for organic and natural lipsticks, rising disposable incomes, growing urbanization trends, increasing population of young females between 18-30 years coupled with changing lifestyles and fashion trends. Moreover, major players are focusing on launching innovative products such as matte lipsticks to cater to consumer needs while gaining competitive advantage over their rivals.

Drivers of the market

The India lipstick market is experiencing significant growth as the cosmetics and beauty industry addresses the demand for lip color and cosmetic products. This market`s outlook is driven by factors such as the increasing influence of beauty trends and celebrity endorsements, the growth of the fashion and beauty e-commerce sector, and the adoption of lipsticks for their cosmetic enhancement and self-confidence boost. Additionally, the development of long-wear and matte lip formulations and the rising focus on clean and sustainable beauty products are further contributing to market growth. The growing fashion-conscious population and the increasing acceptance of makeup in daily routines are expected to drive the demand for lipsticks in the country.

Challenges of the Market

The India lipstick market is experiencing growth as the cosmetics industry offers a wide range of lipstick colors and formulations. This market`s outlook is driven by factors such as the increasing demand for lipsticks in various shades and finishes, the growth of the beauty and fashion industry, and the adoption of lipsticks for their enhancing and beautifying effects. Additionally, the development of long-lasting and sustainable lipstick formulations and the rising focus on makeup trends and beauty influencers are further contributing to market growth.

Covid-19 Impact on the Market

The India lipstick market is experiencing growth as the cosmetics and beauty industry addresses the demand for lip color products. This market`s outlook is driven by factors such as the increasing trend of lip color experimentation and self-expression, the growth of the fashion and beauty industry, and the adoption of lipsticks for enhancing makeup looks. Additionally, the development of a wide range of lipstick shades and formulations and the rising focus on inclusive beauty and diverse representation are further contributing to market growth. The COVID-19 pandemic had some impact on the market as changes in social activities and wearing masks influenced lipstick usage. However, with the recovery of the cosmetics industry and the resurgence of social events, the market is expected to rebound in the post-pandemic period.

Key Players of the Market

The India lipstick market is experiencing growth as the cosmetics and beauty industry addresses the demand for lip color and cosmetics. This market`s outlook is driven by factors such as the increasing popularity of lipsticks in different shades and formulations, the growth of the makeup and beauty trends, and the adoption of lipsticks for self-expression and style. Additionally, the development of long-lasting and matte lipsticks and the rising focus on color cosmetics and beauty enhancement are further contributing to market growth. Some of the key players in the India lipstick market include LipLove Cosmetics, ColorMe Glam, and LipTrends.

Key Highlights of the Report:

  • India Lipstick Market Outlook
  • Market Size of India Lipstick Market, 2024
  • Forecast of India Lipstick Market, 2031
  • Historical Data and Forecast of India Lipstick Revenues & Volume for the Period 2021-2031
  • India Lipstick Market Trend Evolution
  • India Lipstick Market Drivers and Challenges
  • India Lipstick Price Trends
  • India Lipstick Porter's Five Forces
  • India Lipstick Industry Life Cycle
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Matte for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Glossy for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Lip Powder for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Stick for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Palette for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Supermarkets/hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Specialty Stores for the Period 2021-2031
  • Historical Data and Forecast of India Lipstick Market Revenues & Volume By Online Stores for the Period 2021-2031
  • India Lipstick Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Distribution Channel
  • India Lipstick Top Companies Market Share
  • India Lipstick Competitive Benchmarking By Technical and Operational Parameters
  • India Lipstick Company Profiles
  • India Lipstick Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Lipstick Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Lipstick Market Revenues & Volume, 2021 & 2031F

3.3 India Lipstick Market - Industry Life Cycle

3.4 India Lipstick Market - Porter's Five Forces

3.5 India Lipstick Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 India Lipstick Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 India Lipstick Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 India Lipstick Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Lipstick Market Trends

6 India Lipstick Market, By Types

6.1 India Lipstick Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 India Lipstick Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 India Lipstick Market Revenues & Volume, By Matte, 2021-2031F

6.1.4 India Lipstick Market Revenues & Volume, By Glossy, 2021-2031F

6.1.5 India Lipstick Market Revenues & Volume, By Lip Powder, 2021-2031F

6.1.6 India Lipstick Market Revenues & Volume, By Others, 2021-2031F

6.2 India Lipstick Market, By Form

6.2.1 Overview and Analysis

6.2.2 India Lipstick Market Revenues & Volume, By Stick, 2021-2031F

6.2.3 India Lipstick Market Revenues & Volume, By Liquid, 2021-2031F

6.2.4 India Lipstick Market Revenues & Volume, By Palette, 2021-2031F

6.3 India Lipstick Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 India Lipstick Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F

6.3.3 India Lipstick Market Revenues & Volume, By Specialty Stores, 2021-2031F

6.3.4 India Lipstick Market Revenues & Volume, By Online Stores, 2021-2031F

7 India Lipstick Market Import-Export Trade Statistics

7.1 India Lipstick Market Export to Major Countries

7.2 India Lipstick Market Imports from Major Countries

8 India Lipstick Market Key Performance Indicators

9 India Lipstick Market - Opportunity Assessment

9.1 India Lipstick Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 India Lipstick Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 India Lipstick Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 India Lipstick Market - Competitive Landscape

10.1 India Lipstick Market Revenue Share, By Companies, 2024

10.2 India Lipstick Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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