Product Code: ETC331289 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Lipstick Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 11.93% in 2025, climbs to a high of 16.10% in 2028, and moderates to 13.64% by 2029.
In the Asia region, the Lipstick market in Philippines is projected to expand at a exponential growth rate of 15.98% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Philippines Lipstick market has exhibited consistent growth with a CAGR of 7.8%. Lipstick is a staple in the cosmetics industry, with various shades and formulations available. The fusion of fashion trends and self-expression through makeup has contributed to the enduring demand for lipsticks.
The Philippines lipstick market growth is influenced by the evolving beauty standards and the increasing popularity of makeup. Lipstick is a staple cosmetic product that allows individuals to experiment with different colors and finishes. As beauty becomes more inclusive and diverse, the demand for a wide range of lipstick shades to suit various skin tones and preferences is driving market growth.
Fluctuating consumer spending patterns and the preference for affordable alternatives challenge the premium segment of the Lipstick Market. Brand loyalty and the need for consistent innovation are also essential to sustain market growth.
The Philippines lipstick market has faced challenges as consumer preferences and spending patterns shifted during the pandemic. With changes in lifestyle and economic uncertainties, demand for lipstick products may have decreased. However, as economic conditions stabilize and consumer preferences normalize, the market is expected to rebound.
Major companies in the Philippines Lipstick Market are Maybelline New York, MAC Cosmetics, and Revlon, Inc.
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 Philippines Lipstick Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Lipstick Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Lipstick Market - Industry Life Cycle |
3.4 Philippines Lipstick Market - Porter's Five Forces |
3.5 Philippines Lipstick Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Lipstick Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Lipstick Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Lipstick Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Lipstick Market Trends |
6 Philippines Lipstick Market, By Types |
6.1 Philippines Lipstick Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Lipstick Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Lipstick Market Revenues & Volume, By Matte, 2021-2031F |
6.1.4 Philippines Lipstick Market Revenues & Volume, By Glossy, 2021-2031F |
6.1.5 Philippines Lipstick Market Revenues & Volume, By Lip Powder, 2021-2031F |
6.1.6 Philippines Lipstick Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Lipstick Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Lipstick Market Revenues & Volume, By Stick, 2021-2031F |
6.2.3 Philippines Lipstick Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Philippines Lipstick Market Revenues & Volume, By Palette, 2021-2031F |
6.3 Philippines Lipstick Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Lipstick Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F |
6.3.3 Philippines Lipstick Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Philippines Lipstick Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Philippines Lipstick Market Import-Export Trade Statistics |
7.1 Philippines Lipstick Market Export to Major Countries |
7.2 Philippines Lipstick Market Imports from Major Countries |
8 Philippines Lipstick Market Key Performance Indicators |
9 Philippines Lipstick Market - Opportunity Assessment |
9.1 Philippines Lipstick Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Lipstick Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Lipstick Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Lipstick Market - Competitive Landscape |
10.1 Philippines Lipstick Market Revenue Share, By Companies, 2024 |
10.2 Philippines Lipstick Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |