Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Canada

Canada

In 2024, the revenue in Canada's Lips market is estimated to reach €345.90m.
It is projected to experience an annual growth rate of 2.05%, calculated as the compound annual growth rate (CAGR) from 2024 to 2029.
When compared globally, in the United States generates the highest revenue in the Lips market, amounting to €3,710m in 2024.
In terms of per person revenues, Canada's Lips market generates €8.85 per person in 2024.
The demand for organic and cruelty-free lip products is growing rapidly among Canadian consumers.

Key regions: United Kingdom, United States, India, United Arab Emirates, Indonesia

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Methodology

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.