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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


Forecast Period


Base Year


Market Size in 2022

$1,689.8 million

Market Size in 2032

$2,988.8 million


6.2 %

No. of Pages in Report


Segments covered

Type, End User, Distribution Channel, and Region


Rising willingness among customers to try out new cosmetics products


Significantly growing corporate sector in developing nations



The rapid growth of social media platforms which increases the global sales of beauty products


Capitalizing on the growing demand for new lip products



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
  • 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.


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67% of larger hospitality operators are unhappy with their current tech stack: insights unveiled in new research report from Vita Mojo




New research from Vita Mojo and KAM reveals the shortcomings of modern restaurant tech, with over half of operators reporting inefficiencies are stopping them achieving business goals.

LONDON, Sept. 22, 2023 /PRNewswire/ — Vita Mojo, the hospitality tech specialist, has launched a new research report into the impact of technology on the hospitality industry, shining a light on how operators feel about their current tech stack.

Commissioned by Vita Mojo and conducted by specialist hospitality market research agency KAM, the survey asked 81 executives from the leading quick-service restaurant (QSR) and coffee chain brands about their experiences with restaurant technology.

The resulting report – Hospitality Tech 2024: Bridging the efficiency and profitability gapindicates that certain technologies are holding the industry back.

The survey results show that the hospitality sector is facing a number of challenges:

  • A disconnect between efficiency and growth
    56% of operators say that not having enough time is a significant barrier to achieving their business goals, but only 28% report fixing inefficiencies is a focus area for the business.
  • Frustrations with the complexity of technology 
    44% of operators don’t think they have the in-house skills to make the most out of their tech solutions, and 31% believe that too much training is needed to use digital solutions properly.
  • Missing out on data-driven decision-making
    Two in three businesses are frustrated that they are not making the most of the data they collect through their tech solutions. Nearly 40% find it hard to use data because it’s split across siloed platforms.
  • Technical support is failing to deliver 
    Just one in four are very satisfied with the support or advice they receive from their providers.

“When tech works well, your restaurant works well,” says Vita Mojo’s co-founder and CEO, Nick Popovici. “But when it goes wrong – which is often – running a restaurant becomes an uphill struggle. By combining multiple point solutions from a range of different suppliers, the modern Point of Sale (POS) restaurant tech stack used by so many restaurants and chains has become a serious barrier to growth and success.”

“The results of this survey prove that the POS-centric model isn’t working for restaurants. From wasting time updating menus across multiple systems to spending countless hours updating pricing and site information, there are just too many ways in which restaurant tech isn’t making the grade.”

Along with insights from the survey results, Vita Mojo’s report includes real-life examples of exactly how restaurant brands are managing to overcome these tech challenges and fix inefficiencies, which has allowed them to operate and grow with new confidence.

About Vita Mojo
Vita Mojo transforms chaos into confidence for hospitality operators worldwide. Founded in 2016, Vita Mojo started life as the UK’s first cashless, digital-only restaurant, but it soon became clear the entire hospitality industry could benefit from its end-to-end, flexible Order Management System.

Today, Vita Mojo empowers over 130 brands across five countries (including LEON, YO!, tossed and GAIL’s Bakery) to streamline order management, improve guest relationships, seamlessly expand across channels, and grow their business.

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Ghana launches USD 550 billion Energy Transition and Investment Plan for achieving net-zero emissions, creating 400,000 jobs by 2060




President Nana Akufo-Addo unveils country’s roadmap for green growth and decarbonizing key economic sectors developed by Government of Ghana and SEforALL

NEW YORK, Sept. 22, 2023 /PRNewswire/ — His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country’s new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York.


The plan marks Ghana’s commitment to fighting climate change and fostering economic development in tandem. It details a credible pathway for how Ghana can achieve net-zero energy-related carbon emissions by 2060 through the deployment of low-carbon solutions across key sectors of its economy, including oil and gas, industry, transport, cooking, and power.

Ghana’s government intends to use the plan as its main tool to engage the international community and investors for support with its energy transition. All measures suggested in the plan represent a USD 550 billion opportunity for the international community to invest in sustainable development in Ghana. If the plan is achieved in full, it would generate 400,000 net jobs within Ghana’s economy.

The country’s existing Energy Transition Framework previously set a target of net zero by 2070, but this new plan shows Ghana has increased its ambition and is targeting net zero by 2060.

Various sectoral changes and technologies are proposed in the plan. Four main decarbonization technologies – renewables, low-carbon hydrogen, battery electric vehicles and clean cookstoves – would cover over 90 percent of the targeted abatement by 2060.

Without pursuing the plan, under a business-as-usual scenario, Ghana’s emissions are expected to rise from 28 Mt CO2e in 2021 to over 140 Mt in 2050, with the bulk of emissions growth coming from transport, driven by population growth, GDP per capita growth, and vehicle ownership.

By implementing this plan, Ghana and its partners can instead bring the country’s energy-sector-related carbon emissions to net zero, while demonstrating that action against climate change does not need to come at the expense of economic development.

The Energy Transition and Investment Plan was developed by the Government of Ghana with technical support from Sustainable Energy for All (SEforALL).

Supporting quotes

“This pioneering Energy Transition and Investment Plan maps out Ghana’s journey to achieve net-zero emissions by 2060 based on the latest data and evidence, ensuring that as our economy thrives, it does so in harmony with the environment. This plan is a testament to our dedication to fostering green industries, nurturing the evolution of cutting-edge low-carbon technologies, and propelling our nation towards a sustainable industrial revolution while giving equal growth opportunities to men and women.”
-His Excellency Nana Akufo-Addo, President of the Republic of Ghana

Ghana’s commitment to a just and equitable energy transition has translated to an ambitious plan that builds a case for low-carbon and energy-efficient solutions across Ghana’s entire energy system. These solutions present a tremendous opportunity for partners and investors from around the world to contribute to climate action and sustainable development in Ghana.”
Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy

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World Investment Forum to incentivize global investment in sustainable development




ABU DHABI, UAE, Sept. 22, 2023 /PRNewswire/ — Recognizing sustainability as the defining challenge of our time, the upcoming UNCTAD World Investment Forum (WIF), to be held from 16 to 20 October 2023 in the UAE’s capital Abu Dhabi, will serve as the perfect opportunity to facilitate the transition to a more sustainable economy, particularly for developing countries.



The 8th edition of the Forum, to be anchored on the overall theme of “Investing in Sustainable Development,” will bring together heads of state and ministers, CEOs of largest global companies, and other investment stakeholders from various countries to formulate policies and strategies that will address key and emerging investment-development challenges through a series of local and international forums and conferences.

Over 7,000 investment stakeholders from 160 countries will be participating in the 8th edition of WIF at the Abu Dhabi National Exhibition Centre (ADNEC).

The UAE hosting WIF this year coincides with the country’s declaration of the year 2023 as the “Year of Sustainability,” which will encourage nationwide commitment to sustainable practices and innovative solutions to help address environmental issues on a global scale.

His Excellency Dr. Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, reaffirmed the country’s dedication to sustainability, saying that “the UAE is committed to playing a leading role in the global transition to a more sustainable future. We believe that WIF 2023 will provide a unique platform for international leaders to come together  to mobilize the necessary investments to make this transition a reality.”

His Excellency Rashed Abdulkarim Al Blooshi, Undersecretary of the Abu Dhabi Department of Economic Development (ADDED) said: “Hosting WIF 2023 reflects Abu Dhabi’s approach and commitment to sustainable socio-economic development, which is based on strong beliefs and a long history of the wise use of resources. We will be working closely with all partners to ensure that the Forum’s conversations generate innovative ideas and solutions to create a more sustainable future for all.”

Some of the sustainability sessions include “Delivering Public Sector Investment for Sustainable Development” in partnership with ACCA; “Alignment of Investment in Sustainable Infrastructure with the Paris Agreement” with Middlesex University Dubai; and “Accelerating Green Investments in Tourism for Sustainable Development” with the United Nations World Tourism Organization (UNWTO).

Media accreditation 

Journalists wishing to cover the forum should apply online.
Media accreditation requirements are here.

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