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In this article, we will discuss the 15 Most Expensive Lipsticks in the World. You can skip our detailed analysis of the global luxury lipstick market, and recent developments in the cosmetics industry and go directly to the 5 Most Expensive Lipsticks in the World.
Global Luxury Lipstick Market:
According to research by Verified Market Reports, the size of the global lipstick industry was estimated to be valued at $3.91 billion in 2023. This research report projects that the market will grow at a CAGR of 5.2% from 2024 to 2030, reaching $5.58 billion by the end of 2030.
The US luxury lipstick market is growing at a quick pace, which is indicative of the influence of this concentration on premium packaging. According to NPD research, the $400 million prestige lipstick industry in the US is expanding at a pace of 44% annually, which is double the growth rate of the whole cosmetics business.
As per the aforementioned Verified Market Report, several important developments are influencing client preferences as well as industry trends in the ever-changing luxury lipstick market. One of these advancements is the customizable colors that improve the luxury lipstick purchasing experience, tailored to individual likes and preferences. For instance, YSL Beauty's Rouge Sur Mesure Custom Lip Color Creator is a tool that makes use of cutting-edge PERSO technology to produce thousands of personalized lipstick shades for YSL’s customers. Furthermore, the company states that the Rouge Sur Mesure app is compatible with Android 8.0 or later and iOS (minimum iOS 13 with iPhone 6S or above), supporting Bluetooth 4.2.
On the other hand, if we shed light on the regional insights into the global luxury lipstick industry, we can see that in 2021, Europe dominated the market with 31.0% of global lipstick sales, as reported by Skyquestt.
Recent Developments in the Cosmetics Industry:
As the exclusive global licensee for DKNY, Guess, Donna Karan, and several other brands, Inter Parfums, Inc. (NASDAQ: IPAR) creates, produces, and markets high-end fragrances and cosmetics. Additionally, Inter Parfums, Inc. (NASDAQ: IPAR) is among the 15 Beauty Stocks To Invest In and it had an annual revenue of $1.3 billion in 2023.
Inter Parfums, Inc. (NASDAQ: IPAR) reported a strong start to the year 2024 with first-quarter net sales of $324 million, increasing 4% from $312 million in the first quarter of 2023.
Chairman and CEO of Inter Parfums, Jean Madar, emphasized this brand's ability to successfully navigate the market while highlighting the noteworthy contributions of the recently launched fragrances by Cavalli and Lacoste. He points out that despite the high comparative base of the previous year's 24% revenue increase, the company maintained a consistent performance through planned new product launches and market expansions. Nonetheless, difficulties in Eastern Europe and uneven sales among well-known brands like Jimmy Choo and Montblanc have influenced the final result.
Mr. Madar reports that Donna Karan/DKNY and GUESS, whose comparable quarter sales increased by 44% and 21%, respectively, were the main drivers of Inter Parfums, Inc. (NASDAQ: IPAR) 18% sales growth in the first quarter for U.S.-based operations.
Remarkably, the extension of European brand distributors and the recently released Roberto Cavalli scent both played a role in the 9% growth of this company, as pointed out by Mr. Madar. In addition, he states that Donna Karan's new Cashmere Collection has gotten positive feedback, coinciding with a new luxury fashion campaign.
Mr. Madar concluded, "We are confident in our dynamic market positioning and remain optimistic about our ability to continue to gain market share within this growing market; as such, we are reaffirming our 2024 net sales guidance of $1.45 billion."
Additionally, Inter Parfums, Inc. (NASDAQ: IPAR) is among the 15 Beauty Stocks To Invest In and it had an annual revenue of $1.3 billion in 2023.
Unilever PLC (NYSE:UL) is a multinational consumer goods company as well as one of the biggest beauty companies in the world. Moreover, it had a whopping annual revenue of $59.60 billion in 2023 and is listed among the Top 15 Stocks for Dividend Income.
Recently, Unilever PLC (NYSE:UL) and Conmebol have inked a multi-brand agreement for the 2024 Copa America. According to the agreement, the US tournament's official sponsors will be Axe, Degree, Dove, and Dove Men+Care.
Unilever PLC (NYSE:UL) reports that the competition will take place in 14 US locations and that during the matches, its personal care products will have activations both inside and outside of stadiums.
Fabian Garcia, Personal Care President at Unilever, stated:
“Working with the CONMEBOL Copa América USA 2024?, our brands will connect with an enormous and highly engaged audience. This is a significant opportunity to engage a growing audience of soccer fans, demonstrate relevance, and build brand power while promoting sports for future generations of athletes,”
With that said, here are the 15 Most Expensive Lipsticks in the World.
Methodology:
To pick out the 15 Most Expensive Lipsticks in the World, we searched the internet for the most costly lipsticks and ranked them based on their price. In the list, we have also included each lipstick’s price. We’ve mostly relied on Nordstrom and Saks for this. Please note, however, that we can’t guarantee the accuracy of prices, in case prices vary from region to region. It is important to mention that we have only listed lipsticks that cost more than $60.
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15. Kilian LE ROUGE PARFUM Lipstick
Price: $62
As per KILIAN, its first makeup collection, LE ROUGE PARFUM, features a selection of red lipsticks in matte and satin textures, all of which are perfumed with the KILIAN scent. The company claims that its color formula has a 10-hour wear time.
14. Clé de Peau Lipstick
Price: $65
Japan is home to the 1982 creation of the luxury brand Clé de Peau Beauté. Clé de Peau Lipstick Satin is one of the most expensive lipsticks in the world, with a shiny finish. It has 16 distinct shade options and contains argan oil.
The company claims that when 20 women tested the lipstick, the findings demonstrated that it offers up to 8 hours of long-lasting radiant finish and up to 6 hours of long-lasting hydration.
13. Sisley-Paris Le Phyto-Rouge
Price: $70
Ranking 13th out of the 15 most expensive lipsticks in the world in 2024 is Sisley-Paris Le Phyto-Rouge. Its zebra-striped magnetic box holds a faceted lipstick bullet for application. The ingredients of this lipstick include jojoba oil, camellia oil, Padina Pavonica extract, and Hydrobooster Complex.
12. Serge Lutens L'Etoffe Du Mat Matte Lipstick
Price: $75
When it comes to the most expensive lipsticks in the world, Serge Lutens, L'éTOFFE DU MAT comes in at number 12. It costs eighty dollars. The company claims that the lipstick offers great coverage, a velvet matte finish, and extended wear.
Serge Lutens, an artist and designer, established Serge Lutens as his trademark in 2000. It primarily manufactures lipsticks and fragrances for the upscale niche market.
11. Rouge Hermes Shiny Lipstick Limited Edition
Price: $78
Rouge Hermès Lipstick is ranked 11th out of the top 15 most expensive lipsticks in the world. The Rouge Hermès lipstick collection was released worldwide on March 4, 2020. Christine Nagel, Hermès perfume's creative director and exclusive perfumer, developed it with sandalwood, arnica, and angelica nectar.
10. Christian Louboutin Rouge Louboutin Velvet Matte Lipstick
Price: $100
Allure 2019 Best of Beauty winners include this luxurious lipstick. There are 12 tones of Christian Louboutin Rouge Louboutin Velvet Matte Lipstick to choose from. Furthermore, the company states that pansy extract is one of the ingredients of this lipstick.
9. Bond No. 9 Lipstick
Price: $105
The American perfume brand Bond 9 was established in 2003. The company also offers one of the most expensive lipsticks in the world, which is the refillable Bond No. 9 Gold lipstick. It is packaged in a white jewel box. The vegan-friendly and gluten-free lipstick comes in three hues.
8. Cle De Peau Beaute The Precious Lipstick
Price: $110
Clé de Peau lipstick is ranked 8th among the world's most expensive lipsticks. The lipstick has been described as this brand's highest-end lipstick formulation ever. It is stated that the product contains diamonds, 24-karat gold, and premium Argan Oil, which is high in Vitamin E.
7. LA BOUCHE ROUGE Passhion Refill with Leather Case
Price: $164
In 2017, La Bouche Rouge was established. The red lipstick known as PASSHION, was designed by Linda Fargo, Berdgorf's Muse. It is manufactured without allergies or fragrances and has medium coverage.
6. Valde Beauty Soar Collection Storybook Set in Gold/Gold- Ritual Creamy Satin Lipstick
Price: $199
2020 saw the founding of Vadle Beauty, and now it has one of the priciest lipsticks in the world. Three colors of Soar Armor are offered: Gunmetal, Gold on Gold, and Black & Gold. The Valdé lipstick is completely refillable and reusable. Additionally, Ritual Creamy Satin Refillable Lipstick has the option of customizable engraving.
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Disclosure: None. 15 Most Expensive Lipsticks in the World is originally published on Insider Monkey.