888-776-0942 from 8 AM - 10 PM ET
NEW YORK , July 18, 2022 /PRNewswire/ -- The latest market report titled Lip Gloss Market by Finish and Geography - Forecast and Analysis 2022-2026 is now available at Technavio. The report predicts the market to witness a potential growth difference of USD 703.21 million from 2021 to 2026. The report also predicts the market to record an accelerating growth momentum at a CAGR of 4.58%. Lip gloss nurtures the lips and protects them from exposure to the sun, dust, as well as the drying effects of cold and wind; they are used primarily to give lips a glossy luster and sometimes to add a subtle color. Technavio categorizes the global lip gloss market as a part of the global personal products market within the global household and personal products market.
For further insights on the scope and parent market analysis, View PDF Sample
"One of the primary growth drivers for this market is the launch of innovative products to gain consumer interest" as per the latest market analysis report by Technavio. Consumers are preferring familiar brands and seek variety in terms of product offerings. Therefore, manufacturers are also investing considerably to augment their R&D capabilities and focus on broadening their product portfolios. Continuous product innovation and the launch of new products increase visibility and awareness of the brands among consumers.
However, the continuous threat from counterfeit products is one of the key lip gloss market growth challenges. Counterfeit products are usually made from low-cost ingredients that have not been tested for safety. Such products are available across the world, especially through the Internet. Counterfeit lip gloss products are, therefore, causing a considerable dent in the market shares of leading popular brands.
Request for Sample Report for Key market dynamics and their impact analysis
Get Segment-based Market Growth Share and Regional Opportunities as your Request for Sample Report
Want to know about the product offerings and strategic initiatives of the contributing vendors, Download Sample Now!
Herbal Cosmetics Market by Product and Geography - Forecast and Analysis 2021-2025
Online Premium Cosmetics Market by Product and Geography - Forecast and Analysis 2022-2026
Premium Cosmetics Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of 4.58%
Europe, APAC, North America, South America, and MEA
US, China, Germany, France, and UK
Leading companies, competitive strategies, consumer engagement scope
Ariel Laboratories, CHANEL Ltd., Coty Inc., LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Mary Kay Inc., Revlon Inc., Shiseido Co. Ltd., The Clorox Co., and The Estee Lauder Co. Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET