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North American Lipstick Market to Grow by 2023

New report projects sales to surpass $5.1 billion.

The lipstick market is projected to surpass $5.1 billion by 2023, according to ResearchAndMarkets.com's report, “North America Lipstick Market By Product Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013-2023.” Anticipated growth in the market can be attributed to rising focus of manufacturers towards product innovation. For instance, lipsticks are now coming with moisturizer and other properties. Moreover, people are now showing inc...

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