Lip And Cheek Tint Market
Overview and Scope
Lip and cheek tint is a versatile, multi-purpose cosmetic product designed to add a natural-looking flush of color to both the lips and cheeks. Its lightweight, blendable formula allows for easy application, providing a long-lasting and cohesive color effect that enhances the wearer’s natural features. It simplifies beauty routines by serving dual functions with a single product and is ideal for achieving a minimalistic makeup look.
Sizing and Forecast
The lip and cheek tint market size has grown strongly in recent years. It will grow from $1.46 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to changing lifestyle of the consumers for instant readiness and easy to carry products, increased versatility and convenience, increased non-greasy properties of lip and cheek tints to improve comfort and appearance, growing issues related to prolonged sun exposure, increased dryness, increased premature aging, and lip darkening, increased skincare benefits.
The lip and cheek tint market size is expected to see strong growth in the next few years. It will grow to $2.00 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing appearance focus amongst the working ladies, rising beauty consciousness, increasing demand for chemical-free and environmentally safe tints and the lightweight, the rising minimal makeup trend. Major trends in the forecast period include increasing demand for chemical-free and environmentally safe tints, rising product innovation, R&D in multipurpose tints, increasing technological advancements, research to develop good assessment techniques and products.
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Segmentation & Regional Insights
The lip and cheek tint market covered in this report is segmented –
1) By Type: Natural, Synthetic
2) By Flavor: Strawberry, Cocoa, Raspberry, Beetroot, Other Flavors
3) By Packaging Type: Glass Bottles, Stick Tubes, Laminate Tubes, Other Packaging Types
4) By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online Retail, Convenience Store, Other Distribution Channels
Europe was the largest region in the lip and cheek tint market in 2023. The regions covered in the lip and cheek tint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing demand for cosmetics is expected to propel the growth of the lip and cheek tint market going forward. Cosmetics are substances or products applied to the body to enhance or alter the appearance without affecting the body’s structure or functions. They are in demand because they improve personal appearance, boost confidence, and meet societal beauty standards. Lip and cheek tint is a useful cosmetic for providing a versatile, natural-looking color enhancement for both lips and cheeks, creating a cohesive and long-lasting glow with minimal effort. For instance, in April 2023, according to L’Oréal S.A., a France-based cosmetic company, in Q1 2023, the dermatological beauty division experienced a 34.6% sales growth, reaching €1,685.7 million ($1815.07 million) from the previous year’s €1,252.7 million ($1348.84 million). Therefore, the growing demand for cosmetics is driving the lip and cheek tint market.
Key Industry Players
Major companies operating in the lip and cheek tint market are LVMH Moët Hennessy Louis Vuitton, The Procter& Gamble Company, L’Oréal S.A., The Estee Lauder Companies Inc., Kao Corporation, Avon Products Inc., Revlon Inc., Benefit Cosmetics LLC, Fenty Beauty, NYX Professional Makeup, e.l.f. Cosmetics Inc., Glossier Inc., Charlotte Tilbury Beauty Ltd., Tarte Inc., Pat McGrath Labs, Maybelline LLC, Huda Beauty, ColourPop Cosmetics, Morphe Cosmetics, Jouer Cosmetics, Milani Cosmetics, RENEE Cosmetics Pvt. Ltd., COSRX, Soapworks Ltd., Skin Food Co. Ltd.
The lip and cheek tint market report table of contents includes:
1. Executive Summary
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