Philippines Lipstick Market (2025-2031) Outlook | Trends, Industry, Share, Companies, Value, Analysis, Size, Revenue, Growth & 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: ETC331289 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Lipstick Market Size Growth Rate


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.

Philippines Lipstick Market Growth Rate

Lipstick Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


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.

Lipstick Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

Philippines Lipstick Market Synopsis

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in the Market

Major companies in the Philippines Lipstick Market are Maybelline New York, MAC Cosmetics, and Revlon, Inc.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Lipstick Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Lipstick Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 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

4.2.1 Increasing disposable income of the middle-class population in the Philippines leading to higher spending on beauty products like lipsticks.

4.2.2 Growing influence of social media platforms and beauty influencers driving the demand for various lipstick trends and colors.

4.2.3 Rising awareness about personal grooming and beauty standards among the younger population in the Philippines.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the production cost of lipsticks.

4.3.2 Intense competition among local and international cosmetic brands leading to pricing pressures and promotional activities.

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

8.1 Social media engagement metrics such as likes, shares, and comments on lipstick-related content.

8.2 Number of new lipstick product launches and innovations in the market.

8.3 Trends in online search volume for lipstick-related keywords in the Philippines.

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

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