South Korea Lipstick Market Size & Outlook, 2025-2030
The lipstick market in South Korea is expected to reach a projected revenue of US$ 1,113.5 million by 2030. A compound annual growth rate of 6.4% is expected of South Korea lipstick market from 2025 to 2030.
- Consumer Goods
- Beauty & Personal Care
- Lipstick Market Outlook
- Beauty & Personal Care
Revenue, 2024 (US$M)
$730.7
Forecast, 2030 (US$M)
$1,113.5
CAGR, 2025 - 2030
6.4%
Report Coverage
South Korea
South Korea Lipstick Market, 2018-2030 (US$M)
Global Market
Related Markets
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South Korea lipstick market highlights
- The South Korea lipstick market generated a revenue of USD 730.7 million in 2024 and is expected to reach USD 1,113.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.4% from 2025 to 2030.
- In terms of segment, shimmer was the largest revenue generating product in 2024.
- Matte is the most lucrative product segment registering the fastest growth during the forecast period.
Lipstick market data book summary
| Market revenue in 2024 | USD 730.7 million |
| Market revenue in 2030 | USD 1,113.5 million |
| Growth rate | 6.4% (CAGR from 2025 to 2030) |
| Largest segment | Shimmer |
| Fastest growing segment | Matte |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shimmer, Matte, Cream, Long-wearing |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.2% of the global lipstick market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lipstick market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,363.5 million by 2030.
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Publish Date: Dec 03, 2024
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Lipstick Market Scope
Lipstick Market segmentation & scope
Lipstick Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Procter & Gamble Co | View profile | 107,000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | www.pginvestor.com |
| Unilever PLC | View profile | 128,377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | www.unilever.com |
| Beiersdorf AG | View profile | 21,958 | Unnastrasse 48, Hamburg, Germany, 22529 | www.beiersdorf.com |
| Coty Inc Class A | View profile | 11,350 | 350 Fifth Avenue, New York, NY, United States, 10118 | www.coty.com |
| Shiseido Co Ltd | View profile | 35,859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.shiseido.co.jp |
| L'Oreal SA | View profile | 94,605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | www.loreal.com |
| The Estee Lauder Companies Inc Class A | View profile | 62,000 | 767 Fifth Avenue, New York, NY, United States, 10153 | www.elcompanies.com |
| Revlon | View profile | 1001-5000 | New York, New York, United States, North America | www.revlonanz.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | www.chanel.com/us/ |
| Parfums Christian Dior SA | View profile | - | Paris, Ile-de-France, France, Europe | www.dior.com/carrieres/index.html |
South Korea Lipstick Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Lipstick Market Outlook will help companies and investors design strategic landscapes.
Shimmer was the largest segment with a revenue share of 41.85% in 2024.
Horizon Databook has segmented the South Korea lipstick market based on shimmer, matte, cream, long-wearing covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Lipstick Market Product Outlook (Revenue, USD Million , 2018-2030)
- Shimmer
- Matte
- Cream
- Long-wearing
- South Korea Lipstick Market Applicator Outlook (Revenue, USD Million , 2018-2030)
- Palette
- Pencil
- Tube/stick
- Liquid
- South Korea Lipstick Market Distibution Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
- South Korea Lipstick Market Age Outlook (Revenue, USD Million , 2018-2030)
- Under 20
- 20-30
- 31-50
- Over 50
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Lipstick Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Lipstick Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Lipstick Market, 2018-2030 (US$M)
South Korea lipstick market statistics, by product, 2018-2030 (US$M)
