JHP Collection is an emerging fashion company that was established in 2018.
We manufacture accessories that complement the wearer’s o...
Lipsticks are an essential part of every woman's beauty regime. Every day, a new shade and type of lipstick are introduced in the market. The demand for lipsticks is not going to decrease any time soon, which is the biggest reason for a lipstick business’s success.
According to Grand View Research, the global market value of lipstick was estimated at around $12.3 billion in 2019 and $13.1 billion in 2020. This value is expected to increase at a CAGR of 7.4% and reach $21.06 billion by the end of 2027.
It is not difficult to establish a wholesale lipstick business. However, making your place in this highly competitive market can be quite challenging. You should have the right knowledge about the fluctuating trends of the market to succeed in this industry.
It is recommended to purchase as much variety as possible to ensure that your customers have everything that they might need. Here is a list of the most popular types of lipsticks that you must keep in stock:
You should consider the following factors before choosing a lipstick wholesaler:
Top lipstick wholesalers choose SeeBiz to list their products because of the following reasons:
Ans: According to a survey, around 800 to 900 million lipsticks are sold every year around the world.
Ans: The target audience for lipsticks includes women between the ages of 20 and 40.
Ans: According to Statista’s data based on the United Nations and Simmons National Consumer Survey, more than 122.62 million women use lipstick in the US alone.