Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Malaysia

Malaysia

In Malaysia, the revenue generated in the Lips market in 2024 amounts to €81.12m.
It is projected that this market segment will experience an annual growth rate of 3.41% (CAGR 2024-2029).
When compared globally, in the United States leads in terms of revenue generation, with a total of €3,710m in 2024.
Taking into account the total population figures, the per person revenue generated in Malaysia in 2024 is €2.34.
In Malaysia, the demand for matte lipsticks has seen a significant increase among consumers in recent years.

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.