Product Code: ETC331287 | 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 | |
The Singapore Lipstick Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 6.09% in 2025, the market peaks at 6.23% in 2026, and settles at 4.87% by 2029.
In the Asia region, the Lipstick market in Singapore is projected to expand at a growing growth rate of 6.18% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The lipstick market in Singapore is a dynamic and competitive segment of the cosmetics industry. Lipstick remains a staple in makeup routines, and consumers in Singapore often prefer a wide range of shades and finishes to suit different occasions. The market is characterized by continuous product launches, celebrity endorsements, and collaborations with fashion brands. Singapore consumers have a penchant for both traditional and trendy lipstick shades, with long-lasting and hydrating formulas being popular choices. As personal grooming and self-expression continue to gain importance, the Singapore lipstick market is expected to thrive with innovation and marketing efforts.
The Singapore Lipstick market is influenced by evolving fashion trends and consumers` desire to enhance their appearance. Key drivers include a wide range of color choices, long-lasting formulations, and the influence of celebrity endorsements. Furthermore, Singapore vibrant nightlife and social scene contribute to the demand for lipsticks, as individuals seek products that can withstand extended wear.
The lipstick market in Singapore encounters challenges associated with changing beauty trends and consumer preferences. Constantly evolving color preferences and demand for long-lasting, transfer-resistant formulas require frequent product updates. Competition is fierce, with a wide range of brands offering diverse options. Effective marketing and branding strategies, as well as addressing sustainability concerns, are vital for success in this competitive market.
The Singapore Lipstick market faced challenges during COVID-19 as mask usage reduced the demand for traditional lip makeup. However, the market adapted by emphasizing long-lasting and transfer-resistant lipstick formulations. As mask mandates eased and social gatherings increased, the lipstick market began to recover.
The Singapore Lipstick market is dominated by companies such as L`Or?al S.A., Shiseido Company, Limited, and Est?e Lauder Companies Inc. These global beauty giants are known for their extensive range of lipstick products, catering to the diverse preferences of consumers in Singapore. Their commitment to offering high-quality, trendy lip colors has made them leaders in this market.
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 Singapore Lipstick Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Lipstick Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Lipstick Market - Industry Life Cycle |
3.4 Singapore Lipstick Market - Porter's Five Forces |
3.5 Singapore Lipstick Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Singapore Lipstick Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Singapore Lipstick Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Singapore Lipstick Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing beauty and cosmetics industry in Singapore |
4.2.2 Increasing disposable income and changing lifestyles leading to higher demand for cosmetics |
4.2.3 Rising trend of beauty influencers and social media marketing promoting lipstick products |
4.3 Market Restraints |
4.3.1 Intense competition from both domestic and international lipstick brands |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Stringent regulations and compliance requirements in the cosmetics industry |
5 Singapore Lipstick Market Trends |
6 Singapore Lipstick Market, By Types |
6.1 Singapore Lipstick Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Lipstick Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Singapore Lipstick Market Revenues & Volume, By Matte, 2021-2031F |
6.1.4 Singapore Lipstick Market Revenues & Volume, By Glossy, 2021-2031F |
6.1.5 Singapore Lipstick Market Revenues & Volume, By Lip Powder, 2021-2031F |
6.1.6 Singapore Lipstick Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Lipstick Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Singapore Lipstick Market Revenues & Volume, By Stick, 2021-2031F |
6.2.3 Singapore Lipstick Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Singapore Lipstick Market Revenues & Volume, By Palette, 2021-2031F |
6.3 Singapore Lipstick Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Lipstick Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F |
6.3.3 Singapore Lipstick Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Singapore Lipstick Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Singapore Lipstick Market Import-Export Trade Statistics |
7.1 Singapore Lipstick Market Export to Major Countries |
7.2 Singapore Lipstick Market Imports from Major Countries |
8 Singapore Lipstick Market Key Performance Indicators |
8.1 Social media engagement and brand mentions for lipstick products |
8.2 Number of new product launches and innovations in the lipstick market |
8.3 Consumer sentiment and feedback on lipstick quality and packaging |
8.4 Average time spent on beauty and cosmetics websites or platforms by Singapore consumers |
9 Singapore Lipstick Market - Opportunity Assessment |
9.1 Singapore Lipstick Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Singapore Lipstick Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Singapore Lipstick Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Singapore Lipstick Market - Competitive Landscape |
10.1 Singapore Lipstick Market Revenue Share, By Companies, 2024 |
10.2 Singapore Lipstick Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |