Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Singapore

Singapore

In 2024, the revenue in the Lips market of Singapore amounts to €33.82m.
It is projected to experience an annual growth rate of 1.54% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this market, which is €3,710m in 2024.
In terms of per capita figures, each person in Singapore generates revenues of €5.59 in 2024.
The demand for high-end lip products in Singapore has skyrocketed, driven by the country's affluent consumer base and their preference for luxury beauty brands.

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

Mercado

Región

Comparación de regiones

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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.