Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Bangladesh

Bangladesh

In 2024, the revenue in the Lips market in Bangladesh amounts to BDT €258.10m.
It is expected that the market will experience an annual growth rate of 3.50%, based on the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
When comparing the revenue globally, in the United States generates the highest revenue in the Lips market, with a total of €3,671m in 2024.
Taking into consideration the total population figures, in 2024, each person in Bangladesh generates a per capita revenue of BDT €1.48.
The demand for organic lip care products in Bangladesh is on the rise, as consumers prioritize natural and sustainable options.

Key regions: United Kingdom, United States, India, United Arab Emirates, Indonesia

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Comparaison de régions

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.