Fintech PR
Lip Powder Market to Reach $2,988.8 Million, Globally, by 2032 at a 6.2% CAGR: Allied Market Research
A growing need for shine-free lightweight lip color and increased awareness of cruelty-free cosmetics are anticipated to drive the growth of the global lip powder market during the forecast period. The Asia-Pacific region is projected to hold the majority of market share by 2032.
PORTLAND, Ore., Sept. 7, 2023 /PRNewswire/ — Allied Market Research has recently published a report, titled, “Lip Powder Market by Type (Lip Powder Palettes, Lip Powder Pen), by End User (Under 18 Years Old, 18-30 Years Old, 30-45 Years Old, Above 45 Years Old), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global lip powder market generated $1,689.8 million in 2022, and is anticipated to generate $2,988.8 million by 2032, witnessing a CAGR of 6.2% from 2023 to 2032.
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Prime Determinants of Growth
The growing demand for natural and organic beauty products is expected to drive the growth of the global lip powder market in the forecast period from 2023 to 2032. However, the application of lip powder requires a specific amount of skill and practice, which may hamper the lip powder market growth in the coming future. On the contrary, a rise in consciousness about appearance among working-class females is expected to offer remunerative opportunities for the expansion of the lip powder market during the forecast period.
Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032  |
|
Base Year |
2022 |
|
Market Size in 2022 |
$1,689.8 million |
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Market Size in 2032 |
$2,988.8 million |
|
CAGR |
6.2 % |
|
No. of Pages in Report |
300 |
|
Segments covered |
Type, End User, Distribution Channel, and Region |
|
Drivers |
Rising willingness among customers to try out new cosmetics products
Significantly growing corporate sector in developing nations
|
|
Opportunities |
The rapid growth of social media platforms which increases the global sales of beauty products
Capitalizing on the growing demand for new lip products
|
|
Restraints |
Lip powder might not be suitable for all skin types |
COVID-19 Scenario
- The outbreak of the COVID-19 pandemic has had a significant impact on the growth of the global lip powder market. The pandemic slowed worldwide industry growth, creating widespread disruption for both customers and sellers. Global markets and production facilities were closed, which halted the development, distribution, and marketing of cosmetics.
- However, during lockdowns and social isolation measures, e-commerce increased in significance at an unprecedented pace, which allowed the lip powder market to continue operating despite the closure of traditional retail sites.
- Moreover, in the post-pandemic period, there has been an increasing need for simple, versatile, and clean cosmetics that cater to changing customer needs.
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Type: Lip Powder Palettes Sub-segment to Hold Highest Share by 2032
The lip powder palettes sub-segment of the global lip powder market accounted for the largest share of 56.2% in 2022 and is expected to witness significant growth during the forecast period. The prominent growth of the sub-segment is mainly because these palettes offer a dynamic and varied option for customers who wish to be creative with different lip styles. They offer an affordable means to create new lip appearances for different events by combining multiple shades in a single compact.
End User: 30-45 Years Old Sub-segment to Hold Majority of Market Share by 2032
The 30-45 years old sub-segment of the lip powder market accounted for the highest share of 41.0% in 2022 and is projected to continue to hold major share during the forecast period. The prominent growth of the sub-segment is mainly because the 30-45 age old group has hectic schedules, and the convenience of applying lip powder fits perfectly with their on-the-go habits. Furthermore, the adaptability of lip powder allows people to achieve an array of looks, ranging from a pastel tint to a stronger hue, allowing them to match their style on different occasions.
Distribution Channel: Online Sub-segment to Hold Majority of Market Share by 2032
The online sub-segment of the global lip powder market accounted for the largest share of 51.7% in 2022 and is predicted to grow at the highest CAGR of 6.6% by 2032. The prominent growth of the sub-segment is mainly because online distribution channels are increasingly popular in the lip powder market as individuals prefer e-commerce sites for their shopping needs.
Region: Asia-Pacific Market to Grab Highest Share by 2032
The lip powder market in the Asia-Pacific region accounted for the highest share of 40.5% in 2022 and is likely to dominate during the forecast period. This growth is mainly because of increased concerns about looks among working females in this region. Additionally, increased spending on personal grooming items in developing nations such as South Korea, China, Indonesia, India, the Philippines, Malaysia, and Taiwan is pushing up the demand for cosmetic products. Furthermore, creative and appealing packaging is likely to expand the market’s client base in this region.
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Leading Players in the Lip Powder Market:
- The Estee Lauder Companies, Inc.
- buxom cosmetics
- Chanel International B.V.
- Revlon
- Sephora
- by terry
- CHANEL
- L’Oreal
- Clinique
- Shiseido Company, Limited
The report provides a detailed analysis of the key players of the global lip powder market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Country Reports We Have in this Industry:
• Canada Lip Powder Market Opportunity Analysis and Industry Forecast, 2022-2032
• U.S. Lip Powder Market Opportunity Analysis and Industry Forecast, 2022-2032
• Mexico Lip Powder Market Opportunity Analysis and Industry Forecast, 2022-2032
• Europe Lip Powder Market Opportunity Analysis and Industry Forecast, 2022-2032
• UK Lip Powder Market Opportunity Analysis and Industry Forecast, 2022-2032
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice
LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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