Middle East & Africa lipstick market
was valued at around $ 275 million in 2017 and is projected to surpass $ 440 million
by 2023, predominantly on account of growing disposable income resulting in
increasing consumer spending on lifestyle and luxury products. Moreover,
lipstick, which was once considered a lifestyle product is now becoming
affordable and is easily available, thereby fueling growth in Middle East &
Africa lipstick market. Additionally, rapid urbanization coupled with rising
penetration of internet is anticipated to fuel growth in cosmetic industry,
which would positively influence the region’s lipstick market as well through
the forecast period.
Years considered for this report:
Historical Years:
2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period:
2019–2023
Objective of the Study:
- To
analyze and forecast the market size of Middle East & Africa lipstick market.
- To
define, classify and forecast the Middle East & Africa lipstick market
based on Product Type, Distribution Channel, Country, and Company.
- To
analyze and forecast the market share, in terms of value, for Middle East
& Africa lipstick market with respect to Product type: Gloss, Matte
and Others.
- To
scrutinize the detailed market segmentation and forecast the market size,
in terms of value, of four countries, namely – Saudi Arabia, Israel, South
Africa and UAE.
- To
identify tailwinds and headwinds for Middle East & Africa lipstick market.
- To
strategically profile the leading players in the market which are involved
in manufacturing and supply of lipsticks worldwide.
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Middle East & Africa lipstick market
is controlled by these major players, namely– L'Oréal International, Christian Dior SE, Shiseido Company,
Limited, The Estée Lauder Companies Inc., and Revlon, Inc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of leading lipstick manufacturers across the region.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the company personnel were also
enquired about their key products, prices of products and competitors. Through
this technique, TechSci Research was able to include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the product type, distribution channel and regional presence
of all major lipstick manufacturers across the region.
Key Target Audience:
- Lipstick
manufacturers, suppliers, distributors and other stakeholders
- Trade
Associations, organizations, forums and alliances related to lipstick
market
- Government
bodies such as regulating authorities and policy makers
- Market
research and consulting firms
The study is useful in providing
answers to several critical questions that are important for the industry
stakeholders such as lipstick
manufacturers, distributors, dealers, customers and policy makers such as the market
segments that should be targeted over the coming years in order to strategize
investments and capitalize on the growth of the
market segment.
Report Scope:
In this report,
the Middle East &
Africa lipstick market has been segmented into the following categories in
addition to the industry trends which have also been detailed below:
- Market, by Product Type:
- Market, by Distributional Channel:
- Departmental/ Grocery Stores
- Multi Branded Retail Stores
- Online Channels
- Supermarkets/Hypermarkets
- Exclusive Retail Stores
- Others
- Market, by Country:
- Saudi Arabia
- Israel
- South Africa
- UAE
- Rest of Middle East & Africa
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies present in Middle East & Africa lipstick market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Channel Partner Analysis
- Detailed list of distributors and dealers
across all major countries.
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
In
case you don’t find what, you are looking for, please get in touch with our
custom research team at sales@techsciresearch.com