Asia-Pacific Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013 – 2023
Market Intelligence . Consulting Published: January, 2019
Ta b l e o f C o n t e n t s
Asia-Pacific Lipstick Market Forecast & Opportunities, 2013-2023
S. No.
Contents
1.
Product Overview
2.
Research Methodology
3.
Executive Summary
4.
Global Lipstick Market Outlook
5.
Asia-Pacific Lipstick Market Outlook 5.1.
Market Size & Forecast 5.1.1.
5.2.
5.3.
6.
By Value and Volume
Market Share & Forecast 5.2.1.
By Product Type (Gloss, Matte and Others)
5.2.2.
By Distribution Channel (Departmental/Grocery stores, Supermarket/Hypermarket, Multi branded Stores, Exclusive Stores and Online Stores)
5.2.3.
By Country
Market Attractiveness Index 5.3.1.
By Product Type
5.3.2.
By Distribution Channel
5.3.3.
By Country
China Lipstick Market Outlook
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Ta b l e o f C o n t e n t s S. No.
Contents
6.1.
Market Size & Forecast 6.1.1.
Asia-Pacific Lipstick Market Forecast & Opportunities, 2013-2023
6.2.
7.
Market Share & Forecast 6.2.1.
By Product Type
6.2.2.
By Distribution Channel
Japan Lipstick Market Outlook 7.1.
Market Size & Forecast 7.1.1.
7.2.
8.
By Value and Volume
By Value and Volume
Market Share & Forecast 7.2.1.
By Product Type
7.2.2.
By Distribution Channel
India Lipstick Market Outlook 8.1.
Market Size & Forecast 8.1.1.
8.2.
By Value and Volume
Market Share & Forecast 8.2.1.
By Product Type
8.2.2.
By Distribution Channel
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Ta b l e o f C o n t e n t s S. No.
9.
Contents
South Korea Lipstick Market Outlook 9.1.
Market Size & Forecast
Asia-Pacific Lipstick Market Forecast & Opportunities, 2013-2023
9.1.1. 9.2.
10.
By Value and Volume
Market Share & Forecast
9.2.1.
By Product Type
9.2.2.
By Distribution Channel
Australia Lipstick Market Outlook 10.1.
Market Size & Forecast 10.1.1.
10.2.
By Value and Volume
Market Share & Forecast 10.2.1.
By Product Type
10.2.2.
By Distribution Channel
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Ta b l e o f C o n t e n t s S. No.
Asia-Pacific Lipstick Market Forecast & Opportunities, 2013-2023
11.
Contents
Market Dynamics 11.1.
Drivers
11.2.
Challenges
12.
Market Trends & Developments
13.
Competitive Landscape 13.1.
Company Profiles 13.1.1.
L'Oréal International
13.1.2.
Christian Dior SE
13.1.3.
Shiseido Company, Limited
13.1.4.
The Estée Lauder Companies Inc.
13.1.5.
Revlon, Inc.
14.
Strategic Recommendations
15.
About Us & Disclaimer
5 © TechSci Research
Product Overview Lipstick Lipstick is a cosmetic product which contains oils, waxes, pigments, and emollients that give texture, color,
and protection to the lips. It is a waxy solid in stick form for the lips.
Matte Lipsticks: These type of lipsticks have opaque, deep colors and have a natural look which does not make the lips look shiny. The lips look thinner after applying matte lipsticks. Matte lipsticks last more than gloss and other kinds of lipstick.
Product Overview
Gloss: Gloss is the favorite lipstick of women who have thin and small lips. It works as a lip enhancer by adding shine and lush to the lips and enhances the dimension of depth. It can be worn with traditional lipstick or alone.
Some of the other types of lipstick are Shimmer, Lipstain, Sheer, etc. Lipstick contains beeswax, carnauba wax and candelilla wax which enable the mixture to take a recognizable lipstick shape which can be filled in a tube. Further, lanolin, mineral, castor or vegetable oil are added to the wax. Lanolin and mineral oil are the oils which are added in majority of the lipsticks. Apart from wax and oils, preservatives, antioxidants, pigment and fragrances are added to the lipstick.
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Research Methodology
All Information
regarding
the Asia-Pacific lipstick market was gathered through
primary
Various aspects of the
information was then
market
validated
comprehensively
multiple
through sources
and
analyzed by the team
manufacturers,
order to present the
of
most
and
TechSci Research also
information
identified and analyzed
accurate
in
monitored
data
and
warehouses
and
were
research surveys with retailers
industry
experts.
distributors present in
precise
the region, followed by
about the Asia-Pacific
trends,
lipstick market.
challenges in the Asia-
exhaustive
secondary
research.
Research
Research Methodology
collected
drivers
and
Pacific lipstick market
Evaluation & Validation
Analysis
The analyzed information was then presented in a chronological order to depict a meaningful and clear picture of the Asia-Pacific lipstick market. It should be noted that we have collected information related to the organized market only and all parameters are related to that including market shares.
Presentation
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Research Methodology Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the Asia-Pacific lipstick market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors, such as change in lifestyle, growing female youth population and rising incomes in developing countries. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Asia-Pacific lipstick market.
Methodology Followed for Calculation of Market Size:
Market Size by Value: Market size, in terms of value, for the year 2017 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders,
Research Methodology
such as lipstick manufacturers, dealers, retailers, etc.
The team interviewed more than 50 manufacturers/suppliers, 180 distributors/dealers/retailers and 20 industry experts in the Asia-Pacific lipstick market to obtain the overall market size during 2013-2017, which was validated by
the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2013-2017.
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Research Methodology
Respondents were asked about the current and future market growth rates, market shares by product type, by distribution channel and by region. Removing the outlier responses, the geometric mean of growth estimates and product wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the type of lipstick products.
Methodology Followed for Calculation of Market Shares:
Market shares by product type, by distribution channel, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various distribution channel segments. The final shares were calculated
Research Methodology
by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
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Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the Asia-Pacific lipstick market, TechSci Research used various forecast techniques such as: o
Moving Average
o
Time Series Analysis
o
Regression Analysis
o
Econometric and Judgmental Analysis
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized
Research Methodology
market including market share data.
Partial List of Companies Interviewed
Secondary Sources
L'OrĂŠal International, The Estee Lauder Companies Inc., Revlon, Inc., Shiseido Company Ltd., Christian Dior SE, Coty, Inc., Avon Products Inc, Inglot Cosmetics, Chanel S.A., etc.
Company Annual Reports, World Bank, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Database, etc.
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I N D U ST RY B R I E F According to TechSci Research report, ‘Asia-Pacific Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013–2023’, Asia-Pacific lipstick market is projected to reach $ 6.6 billion by 2023. Growth in the market is led by expanding working women population, who are increasingly showing inclination towards cosmetic products including lipstick, coupled with new product innovations by leading lipstick players. Lipstick is a cosmetic product which contains oils, waxes, pigments and emollients that provide texture, color and protection to the lips. Lipstick contains camauba wax, beeswax, candelilla wax which enable the mixture to take a recognizable lipstick shape which can be
filled in a tube. Further, lanolin, mineral, castor or vegetable oil are added to the wax. Apart from wax and oils, preservatives, antioxidants, pigment and fragrances are also added to the lipstick. L'Oréal International, Christian Dior SE, and Shiseido Company Limited are some of the leading players in Asia-Pacific lipstick market due to their unique product portfolio and wide product offerings under multiple brands. Distribution of urban population is rising across countries in Asia-Pacific region and is further expected to rise in future as well, owing to developing economic conditions across the Asia-Pacific region. This factor is further expected to contribute to the rising demand for lipsticks during forecast period. Among distributions channels, Supermarket/Hypermarket generated the highest sales for lipsticks in Asia-Pacific region in 2017. The segment is expected to continue dominating during forecast period as well, as this sales medium provides convenience of showcasing multiple brands at a single location thereby providing easy accessibility along with lucrative discounts and offers. “Changing lifestyle pattern due to growing urbanization and rising disposable income is shifting consumer focus towards lifestyle and luxury products which is likely to fuel growth in Asia-Pacific lipstick market as well. Moreover, lipstick, which was once considered a lifestyle product has now become increasingly affordable. Further, inclination towards natural and organic lipsticks is rising, as they are less harmful besides being cruelty-free as they are not tested on animals. Additionally, continuous product development and growing demand for convenient and
11 attractive packaging would further steer growth in Asia-Pacific lipstick market during forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
© TechSci Research
S A M P L E D ATA - S N A P S H O T Global Lipstick Market Size, By Value (USD Million), By Volume (Million Unit), 2013-2023F
By Value (USD Million)
By Volume (Million Unit)
Asia-Pacific Lipstick Market Share, By Product Type, By Value, 2013-2023F
Gloss
Matte
Others
Asia-Pacific Lipstick Market Attractiveness Index,
India Lipstick Market Size, By Value (USD Million), By
By Product Type, By Value, 2018E-2023F
Volume (Million Unit), 2013-2023F
3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 0.00
By Value (USD Million) 0.50
1.00
1.50
2.00
12 © TechSci Research
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Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecast, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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