Published on : May 24, 2019
Albany, New York, May 24, 2019: Public concern regarding toxicity looming with cosmetics have become a hot issue. Lip powder has been used to ameliorate lipstick and to exfoliate to get rid of dry flakes as powders augment texture of lips. Lip powder has been the latest evolution in lipstick. Lip powder has been touted as the most notable innovation for a host of beauty brands. These excerpts are according to the report titled, “Lip Powder Market: Global Industry Analysis & Opportunity Assessment 2019-2027,” which has been of late incorporated in Market Research Hub’s (MRH) exhaustive repository.
The growing fad for lip powder is mainly attributed to its offering of superior pigmentation with the color clinging to the skin’s surface, locking the pigments and providing smudge-proof hold. In addition, lip powders are equipped with vitamin E and hydrating oils that tends to provide long-lasting and smooth finish. Moreover, the combination of shimmer and matte gives an edge to lip powder over lip stick or other lip products.
According to the study, palettes form of lip powder accounts for over 55 percent of total sales. The Pen form of lip powder is expected to lag behind the palettes form owing to latter’s characteristics of providing the perfect base for the powder along with moisturizing lips.
However, grey areas pertaining to lip powder are they are more drying and less forgiving on the lips. Meanwhile, it is expected to have little impact on the lip powder sales as the growth rate is expected to post close to 6 percent during the assessment period.
Lip Powder Market: Report Content
Quantitative and qualitative analysis accentuate the in-depth and robust report on the lip powder market. In addition, the report delves on dynamics in the market that are anticipated to have the influence on the growth of the lip powder market, comprising drivers, trends, restraints, and opportunities. Additionally, the report also focuses on segmentation of the market to offer a deep-dive analysis on lip powder.
The report sheds light on executive summary and overview section, which is aimed at providing a thorough assessment on the lip powder market. Further, the overview section delves into value chain analysis, PESTLE analysis, supply chain analysis, and pricing analysis to delineate lip powder market exhaustively.
Furthermore, the report elucidates benchmarking to assess the performance of the products and business processes and compare the performances of competitor companies both inside and outside the industry in search for optimal performance.
The robust analysis of the competitive landscape of the lip powder market hinges upon Porters’ Five Force Analysis. As such, the Porters’ Five Force Analysis focuses on the feasible strategies of the pertinent players in the lip powder market. Also, the business strategies depend upon product portfolio, company profile, SWOT analysis, key differentiation and recent development.
Lip Powder Market: Research Methodology
The report on lip powder market counts on primary sources and secondary sources that offer deep dive analysis and include unbiased and authentic sources. The report depends upon primary research substantiated by authentic and veracious analysis from pundits, telephonic interview and in-depth assessment from seasoned analyst, and surveys. On the other hand, the secondary research incorporates press release, EC filing, Factiva, governmental websites, resourceful database, and trade journals.
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