Global Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size

In 2023, the global lip make-up preparations market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Lip Make-Up Preparations Production

In value terms, lip make-up preparations production fell to $X in 2023 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Lip Make-Up Preparations Exports

Exports

In 2023, overseas shipments of lip make-up preparations increased by X% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The growth pace was the most rapid in 2016 when exports increased by X%. The global exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, lip make-up preparations exports soared to $X in 2023. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the global exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

China was the largest exporter of lip make-up preparations in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. France (X tons) took the second position in the ranking, followed by the United States (X tons), Italy (X tons), the Netherlands (X tons) and Germany (X tons). All these countries together held near X% share of total exports. The following exporters - South Korea (X tons), Poland (X tons), Singapore (X tons), the UK (X tons), Canada (X tons) and Spain (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%), South Korea (X%), Spain (X%), Italy (X%), Singapore (X%), France (X%), Poland (X%), the United States (X%), Germany (X%) and Canada (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, the UK (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), the Netherlands (X p.p.), South Korea (X p.p.) and Italy (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of the United States (X p.p.) and the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lip make-up preparations supplying countries worldwide were France ($X), China ($X) and the United States ($X), together accounting for X% of global exports. Germany, Italy, South Korea, Singapore, Canada, Poland, the UK, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average lip make-up preparations export price stood at $X per ton in 2023, reducing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The global export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Lip Make-Up Preparations Imports

Imports

For the third consecutive year, the global market recorded growth in overseas purchases of lip make-up preparations, which increased by X% to X tons in 2023. Over the period under review, total imports indicated prominent growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lip make-up preparations imports skyrocketed to $X in 2023. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United States (X tons), distantly followed by the UK (X tons) and Germany (X tons) represented the key importers of lip make-up preparations, together making up X% of total imports. The Netherlands (X tons), France (X tons), Mexico (X tons), Spain (X tons), Italy (X tons), Canada (X tons), Singapore (X tons), Malaysia (X tons), Poland (X tons) and Australia (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported lip make-up preparations worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, lip make-up preparations imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average lip make-up preparations import price stood at $X per ton in 2023, falling by X% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lip make-up preparations import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform