Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - South Korea

South Korea

In South Korea, the revenue generated in the Lips market is estimated to reach €436.00m in 2024.
It is projected that the market will experience an annual growth rate of 3.01% (CAGR 2024-2029).
When comparing the revenue on a global scale, in the United States leads the way with €3,710m generated in 2024.
Taking into account the total population, per person revenues of €8.43 are anticipated in 2024.
The popularity of lip tints in South Korea continues to soar, with Korean consumers favoring long-lasting, vibrant colors.

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

Mercado

Región

Comparación de regiones

Moneda

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.