Lip and Cheek Tint Market - Forecast(2024 - 2030)

Lip and Cheek Tint Market size is estimated to reach $2.44 billion by 2030, growing at a CAGR of 6.3% during the forecast period 2023-2030. Increasing demand for chemical-free and environmentally safe tints and the lightweight, non-greasy properties of lip and cheek tints to improve comfort and appearance are propelling the Lip and Cheek Tint Market growth.

Additionally, the significant investments by the manufacturers to introduce new multipurpose tints are creating substantial growth opportunities for the Lip and Cheek Tint Market. Simultaneously, the changing lifestyle of the consumers for instant readiness and easy to carry products while travelling to enhance the aesthetic appeal are some of the major Lip and Cheek Tints opportunities. These factors positively influence the Lip and Cheek Tints industry outlook during the forecast period.

Market Snapshot:

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Lip and Cheek Tint Market - Report Coverage:

The “Lip and Cheek Tint Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Lip and Cheek Tint Market.

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COVID-19 / Ukraine Crisis - Impact
Analysis: 

●      During the pandemic, many people have been working from home and reducing their social interactions decreased demand for the tints affected the market a lot. Factories have been forced to shutdown temporarily, and shipping may be delayed or disrupted due to restrictions on travel and trade affected the market growth.

●      Due to the Russia- Ukraine war the supply chain disruptions affected the market a lot. People focused more on essential goods and services rather than discretionary items. This shift in consumer mindset temporarily impacted the growth of the lip and cheek tint market. Political conflicts and economic instability can have indirect effects on the beauty industry.

Key Takeaways:

●      Fastest Growth of Europe Region

Geographically, Europe is analyzed to grow with the highest CAGR of 7.0% during the forecast period 2023-2030. Furthermore, industrialized nations like the United Kingdom, Germany, France, Italy, Poland, and Spain are the region's most important markets. A fundamental driving force behind the shift in consumer preference for natural lip colours due to the growing concern about the potential dangers of cosmetics based on chemicals. For instance, demand for lip colourings amongst youth consumers is rising in this area in order to get a trendy and elegant look.

●      Liquid form segment to Register the Fastest Growth

In the Lip and Cheek Tint Market analysis, the Liquid form segment is estimated to grow with the highest CAGR of 6.9% during the forecast period 2023 to 2030. The growing vogue of matte end and shimmer finish products has been accelerating the boom of the liquid lip tint market. A large wide variety of products are brought in the liquid shape as it is appropriate for the matte and shimmer lip colours.

●      Lightweight and non-greasy properties of tints propel the market growth

Light-weight and non-greasy tints are often preferred by those who desire a more natural and subtle makeup look, these tints blend into the skin seamlessly, providing a natural-looking finish that mimics a subtle flush or stain and they are easy-to-use makeup product that provides long-lasting color and hydration. With their lightweight and non-greasy formula, they effortlessly absorb into skin, providing deep hydration and locking in moisture. This propels the growth of the market.

●      Inclusivity and diverse shade ranges driving the market

Brands are recognizing the importance of inclusivity and offering diverse shade ranges to cater to a broader consumer base, attracting customers seeking products that suit their unique skin tones. In June 2022, e.l.f. has launched a new limited edition 8-piece collection, Game Up, where gaming meets makeup and skincare. With electric shades, high-energy scents, and supercharged formulas. This demand for inclusivity is driving new market demand.

●      Chemicals used in the products causes skin diseases hindering the market growth

Chemicals and colors used in manufacturing of the tints can harm an individual’s skin which leads to various skin allergies. Many lip and cheek tints contain preservatives, such as parabens which may cause skin irritation or allergic reactions. Lip tints often contain synthetic dyes which can also cause skin irritation or allergic reactions. In March 2023, Nurraysa Global, the innovative and dynamic beauty brand, announced the launch of its latest product range, the Korean water lip tint series which is free from harmful chemicals such as parabens, sulfates, and phthalates.

Lip and Cheek Tint Market Share (%) By Region, 2022

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Lip and Cheek Tint Market. The top 10 companies in this industry are listed below:

1. Avon Products, Inc. (Avon Magix)
2. L'Oréal S.A. (L'Oréal Paris, Maybelline New York)
3. Unilever (Lakmé Cosmetics)
4. Ke Healthcare Private Limited. (T.A.C)
5. The Estee Lauder Companies Inc. (AERIN, AVEDA)
6. The Procter& Gamble Company. (Olay)
7. Honasa Consumer Pvt. Ltd (mamaearth)
8. Revlon, Inc. (Super Lustrous, Insta-Blush)
9. RENEE Cosmetics
10. Soapworks Ltd. (earth rhythm)      

Scope of the Report: