According to a new report, published by KBV research, The Global Liquid Makeup Market size is expected to reach $10.9 billion by 2028, rising at a market growth of 5.8% CAGR during the forecast period.
The Online segment acquired maximum revenue share in the Global Liquid Makeup Market by Distribution Channel in 2021, thereby, achieving a market value of $6.5 billion by 2028. The online distribution channel provides numerous advantages including doorstep service, straightforward payment choices, big discounts, & the accessibility of a wide selection of commodities on a single platform, which has drastically changed consumer purchasing behaviors.
The Lip Products segment is showcasing a CAGR of 5.5% during (2022 - 2028). This is due to the availability of lip products such as liquid lipsticks which are matte in texture, transfer-proof and waterproof due to which they are in high demand. Additionally, there are other liquid lip products liquid lip scrubs and others which have various benefits as well as attractive packaging that attract consumers to purchase them.
The Asia Pacific market dominated the Global Liquid Makeup Market by Region in 2021 thereby, achieving a market value of $3.9 billion by 2028, growing at a CAGR of 6.2 % during the forecast period. The Europe market is expected to witness a CAGR of 5.3% during (2022 - 2028). Additionally, The North America market is expected to witness a CAGR of 5.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/liquid-makeup-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of LVMH SE, Shiseido Company, Limited, Estee Lauder Companies, Inc., L'Oreal Group, Natura & Co Holding SA, KIKO USA, Inc., e.l.f. Beauty, Inc., and Pacifica Beauty LLC.
By Distribution Channel
By Product
By Geography
Companies Profiled