20 Best Long-lasting Lipsticks Tue, May 7, 2024, 5:09 PM GMT+2 10 min read 0 In this article: Global Lipstick Market: Recent Developments in the Cosmetics Industry: Methodology: 20. Urban ...
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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developments in the cosmetics industry and go directly to the 5 Best Long-lasting Lipsticks According to research by IMARC Group , the size of the global lipstick industry was estimated to be valued at $9.2 billion in 2023. This research report projects that the market will grow at a CAGR of 4.8% from 2024 to 2032, reaching $14.2 billion. As per the aforementioned research, the main trends of the worldwide lipstick market are a growing need for lipstick infused with vitamin E, glycerin, and coconut oil for preserving healthy lips, as well as the launch of lipsticks with customized shades and distinctive applicators. The IMARC Group research mentioned above reveals that the unexpected COVID-19 pandemic breakout has caused consumers' preferences to shift from traditional in-person distribution channels to online retailers, particularly when it comes to lipstick purchases. For example, McKinsey stated that Sephora's US online sales were reportedly up by 30% in 2020 compared to 2019
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EL
Earnings
- 5/1/24 - Beat
EL
Sec Filings
- 5/16/24 - Form 4
- 5/15/24 - Form 144
- 5/15/24 - Form 4
- EL's page on the SEC website