Market Analysis :
The natural and organic lipstick market is predicted to touch USD 5.45 billion at a 5.7% CAGR between 2022-2030, reveals the new Market Research Future (MRFR) report. Natural and organic lipsticks are in high demand as they promise long-lasting wear and above all contain safe, natural ingredients. They are mostly made with Eco-certified ingredients such as argan oil, Shea butter, and jojoba oil. Right from soft peachy nudes, bright corals, to apple reds, there is a shade to suit every age and every skin tone. Natural and Organic Lipsticks Market Research contain moisturizing additives that keep the lips soft and supple. Moreover, they also come with sun protection ingredients that protect the skin against the sun, wind, as well as other aging and harmful effects.
Various factors are propelling the natural and organic lipstick market growth. Some of these factors include the growing demand for luxury cosmetics that are chemical-free, presence of non-toxic ingredients, are paraben and formaldehyde-free, easily availability both on online and offline stores, economic development and increasing disposable income. Additional factors pushing market growth include rising preference of consumers for quality cosmetic products, the availability of various varieties and formulation in natural and organic lipsticks, growing awareness about the product line, increasing beauty-consciousness, and changing trends in the cosmetic industry.
Market Segmentation:
The MRFR report provides a complete segmental analysis of the natural and organic lipstick market on the basis of distribution channel, finish, and type.
Based on type, the natural and organic lipstick market is segmented into liquid, stick, and others. Of these, the stick segment will have the largest share in the market over the forecast period. It is predicted to develop at the highest CAGR.
Based on the finish, the natural and organic lipstick market is segmented into gloss, satin, matte, cream, and others. Of these, the cream segment will lead the market over the forecast period.
Based on the distribution channel, the natural and organic lipstick market is segmented into store-based and non-store based. The store-based segment is again segmented into specialty stores, supermarkets and hypermarkets, and others. Of these, the store-based segment will dominate the market over the forecast period, and the non-store based segment will have a higher growth rate.
Regional Analysis:
Based on the region, the Natural and Organic Lipsticks Market Report covers the latest trends and growth opportunities across the Asia Pacific, North America, Europe, and the Rest of the World. Of these, North America will spearhead the market over the forecast period. Factors aiding the growth of the natural and organic lipsticks market in the region include the growing demand for lipsticks that are organic and natural, is safe and contains fewer chemicals, growing awareness about chemicals present in lipsticks, and changing trends in the cosmetics industry.
The natural and organic lipsticks market in the APAC region is predicted to grow at the highest CAGR over the forecast period chiefly on account of the launch of innovative varieties of natural and organic lipsticks that are convenient to use and growing awareness about the high content of antioxidant in these lipsticks that helps in repairing the cell’s damage of the skin. The natural and organic lipsticks market in Europe is predicted to have a healthy growth over the forecast period while that in the ROW is predicted to have a stable growth over the forecast period.
Key Players:
Major players profiled in the natural and organic lipsticks market report include Eco Chic LLC (US), Ruby's Organics (India), Paul Penders USA, LLC (US), INIKA Organic (Australia), Josie Maran Cosmetics LLC. (US), BareMinerals (US), SoulTree (India), Colorganics, Inc (US), W3ll People (US), Ecco Bella (US), Vapour Organic Beauty (US), Lippy Girl Makeup Ltd (Canada), Nudus Pty Ltd (Australia), Counter Brands, LLC (US), and Lotus Herbals Limited (India). Key players have incorporated several strategies to create a niche in the market, such as mergers and acquisitions, research and development activities, collaborations, expansions, partnerships/joint ventures, and more.
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