Southern Asia: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in Southern Asia

In 2023, the South Asian lip make-up preparations market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Lip Make-Up Preparations Production in Southern Asia

In value terms, lip make-up preparations production declined dramatically to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Lip Make-Up Preparations Exports

Exports in Southern Asia

In 2023, shipments abroad of lip make-up preparations was finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, exports posted a modest expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.

In value terms, lip make-up preparations exports skyrocketed to $X in 2023. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

India prevails in exports structure, recording X tons, which was approx. X% of total exports in 2023. Pakistan (X tons) held a relatively small share of total exports.

India was also the fastest-growing in terms of the lip make-up preparations exports, with a CAGR of X% from 2012 to 2023. Pakistan experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest lip make-up preparations supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, growing by X% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

Lip Make-Up Preparations Imports

Imports in Southern Asia

In 2023, after two years of growth, there was decline in supplies from abroad of lip make-up preparations, when their volume decreased by X% to X tons. Overall, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, lip make-up preparations imports rose notably to $X in 2023. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2023 and is likely to continue growth in years to come.

Imports by Country

India prevails in imports structure, finishing at X tons, which was near X% of total imports in 2023. Bangladesh (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%). Nepal (X tons) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to lip make-up preparations imports into India stood at X%. At the same time, Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. Pakistan experienced a relatively flat trend pattern. From 2012 to 2023, the share of Bangladesh increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported lip make-up preparations in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

From 2012 to 2023, the average annual growth rate of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Nepal (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. In general, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform