Market Insights Consumer Beauty & Personal Care Cosmetics

Lip Cosmetics - Switzerland

Switzerland

In 2024, the revenue in the Lips market in Switzerland amounts to €83.40m.
It is projected to experience an annual growth rate of 1.65% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue, with €3,671m in 2024.
In terms of per capita figures, each person in Switzerland generates revenues of €9.42 in 2024.
Switzerland is experiencing a surge in demand for high-quality organic lip balms, driven by the country's emphasis on natural and sustainable products.

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

Marché

Région

Comparaison de régions

Monnaie

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.