Global Matte Lipstick Market Opportunities and Forecast for period from 2024 to 2031

The "Matte Lipstick Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.

Matte Lipstick Market Overview and Report Coverage

Matte lipstick is a type of lipstick that offers a flat, non-shiny finish with intense pigmentation. This trend has taken the beauty world by storm in recent years, offering a bold and long-lasting lip color option for consumers.

The Matte Lipstick Market is currently experiencing rapid growth and is expected to continue this trend in the coming years. According to market research, the Matte Lipstick Market is projected to grow at a CAGR of % during the forecasted period (2024 - 2031). The market is driven by factors such as increasing demand for long-wearing and highly pigmented lip products, growing focus on personal grooming and beauty trends, and innovation in packaging and formulations.

The future outlook of the Matte Lipstick Market looks promising as consumers continue to seek bold and vibrant lip colors that stay put throughout the day. The latest market trends indicate an increase in demand for cruelty-free and organic matte lipsticks, as well as a rise in popularity of liquid matte lipsticks with hydrating and comfortable formulas. Overall, the Matte Lipstick Market is poised for continued growth and innovation in the years to come.

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Market Segmentation

The Matte Lipstick Market Analysis by Types is segmented into:

• Cream Type
• Fluid Type

Matte lipsticks come in a variety of types, with cream type and fluid type being popular choices. Cream type matte lipsticks have a smooth, creamy texture that provides long-lasting coverage. Fluid type matte lipsticks are lightweight and offer a more liquid consistency for easy application. Both types provide a matte finish that is highly pigmented and long-wearing, making them a favorite among beauty enthusiasts looking for bold, statement-making lip colors.

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The Matte Lipstick Market Industry Research by Application is segmented into:

• Online Sales
• Offline Sales

The matte lipstick market application includes both online and offline sales channels. Online sales involve purchasing products through websites and apps, providing convenience and a wide selection of products. Offline sales refer to purchasing products in physical stores, offering customers the opportunity to test products before buying. Both channels cater to different consumer preferences, with online sales increasing convenience and accessibility while offline sales provide a more hands-on shopping experience.

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In terms of Region, the Matte Lipstick Market available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The global matte lipstick market is experiencing significant growth, with North America leading the demand. The United States and Canada have a strong preference for matte lipsticks due to their long-lasting formula and high pigment content. In Europe, countries like Germany, France, the ., and Italy are witnessing a surge in demand for luxury matte lipsticks from brands like Gucci, Dior, Givenchy, and Armani. In the Asia-Pacific region, China, Japan, South Korea, and India are key markets for matte lipstick, driven by a growing trend of bold lip colors. Latin America, especially Mexico and Brazil, are emerging markets with a rising interest in matte lipsticks. The Middle East & Africa region, including Turkey, Saudi Arabia, UAE, and Korea, presents significant growth opportunities for matte lipstick brands. Key players like L'Oreal, Shiseido, and The Estée Lauder Company are capitalizing on this trend by introducing innovative product formulations and expanding their distribution channels.

Matte Lipstick Market Emerging Trends

Some of the emerging and current trends in the global matte lipstick market include the growing demand for long-wearing formulas that offer bold, vibrant colors with a matte finish. Consumers are also looking for cruelty-free, vegan, and natural ingredient options in their matte lipsticks. The rise of social media influencers and beauty bloggers has also influenced trends in colors and finishes, leading to a focus on unique and unconventional shades. Additionally, sustainable packaging and eco-friendly initiatives have become increasingly important in the market. Overall, the global matte lipstick market is evolving to meet the demands of a diverse and environmentally conscious consumer base.

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Major Market Players

• Gucci
• Dior
• Givenchy
• Armani
• Tom Ford
• Guerlain
• Chanel
• YSL(Yves Saint Laurent)
• L'Oreal
• Shiseido
• Lancôme Cosmetics company
• The Estée Lauder Company
• Revlon
• LVMH
• ROHTO
• Avon
• Perfect Diary
• Chioture

Among the top players in the Matte Lipstick market, Gucci, Dior, and YSL (Yves Saint Laurent) stand out as leading luxury cosmetics brands known for their high-quality products and trend-setting shades. Gucci, in particular, has seen significant market growth in recent years due to its strong brand image and innovative marketing campaigns. Dior, on the other hand, has maintained its position as a top player in the global cosmetics market by consistently releasing new, on-trend products that appeal to a wide range of consumers. YSL has also experienced steady market growth, thanks to its focus on creating luxurious, high-performance makeup products.

In terms of market size, the Matte Lipstick market is estimated to be worth billions of dollars globally, with a significant portion of that revenue being generated by luxury cosmetics brands such as Gucci, Dior, and YSL. L'Oreal, Shiseido, and Lancôme Cosmetics Company are also major players in the market, with each brand offering a wide range of matte lipstick products to cater to different consumer preferences.

In terms of sales revenue, LVMH, the parent company of Dior and Givenchy, reported total revenue of € billion in 2020. The Estée Lauder Company, which owns brands like Tom Ford and MAC Cosmetics, reported net sales of $14.29 billion in the same year. Revlon, another key player in the matte lipstick market, reported net sales of $1.94 billion in 2020.

Overall, the Matte Lipstick market is highly competitive, with several key players vying for market share. Brands like Gucci, Dior, and YSL have emerged as leaders in the luxury cosmetics sector, thanks to their innovative products, strong brand image, and global reach. As the demand for matte lipsticks continues to grow, these brands are expected to maintain their dominance in the market and drive further growth in the coming years.

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