Product Code: ETC331284 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India lipstick market import shipment demonstrated a robust CAGR from 2020 to 2024. However, the growth rate between 2023 and 2024 slightly decelerated. Overall, the market expanded steadily with a positive momentum, indicating a healthy growth trend over the period.
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.
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.
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.
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.
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.
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 |
4.2.1 Increasing disposable income and growing middle-class population in India leading to higher purchasing power for cosmetics, including lipsticks. |
4.2.2 Rising awareness about beauty and personal grooming among Indian consumers, especially in urban areas, driving the demand for lipsticks. |
4.2.3 Influence of social media platforms and beauty influencers promoting different lipstick trends and colors, driving consumer interest and demand. |
4.3 Market Restraints |
4.3.1 Intense competition in the Indian lipstick market leading to pricing pressures and margins being squeezed for manufacturers and retailers. |
4.3.2 Fluctuations in raw material prices, such as pigments and oils, impacting the production costs of lipsticks and potentially leading to price increases for consumers. |
4.3.3 Cultural and societal norms in certain regions of India that may discourage or limit the use of cosmetics like lipsticks, affecting market penetration in those areas. |
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 |
8.1 Social media engagement metrics, such as likes, shares, and comments on lipstick-related content, indicating consumer interest and engagement with the product. |
8.2 Consumer sentiment analysis through surveys or online reviews to understand perceptions and preferences regarding different lipstick brands and products. |
8.3 Beauty influencer collaborations and partnerships, tracking the reach and impact of such collaborations on lipstick sales and brand awareness. |
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 |