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The D2C Lipstick Market in India: Size, Top Brands, Pricing, & More

This is an analysis using a dataset of 72,203 total live D2C Shopify stores operating in India. We found 435 stores that sell lipstick in some capacity, and 14,043 total live products.

In this research, we walk through the market size, some brands in this niche, pricing info, and more.

All of the data here comes from Merchant Data. You can use its API or web UI to get 30+ data points on Indian D2C brands: products & pricing, contact information, tech stack, and more.

Last updated: November 2026.

D2C lipstick market overview

1 in every 166 Indian D2C stores on Shopify sells lipstick: 435 stores, 0.6% of the 72,203 we track. 101 of them (23%) are lipstick specialists, where lipstick is the largest product line or at least a quarter of the range. The other 334 sell lipstick next to something else, most often makeup (123), skincare (79), nails (16), hair care (14).

435
stores selling lipstick
101
lipstick specialists
14,043
live lipstick products
324 / 111
single-brand stores / multi-brand retailers

The 36 specialist brands with measurable branded demand draw 80,348 branded searches a month between them, and the top 10 take 89% of that.

Activity in the last 90 days

Lipstick specialists listed 1,504 new products in the 90 days running up to this article's last update (22 October 2026). Any specialist lipstick brand that launched something new, on average, added 25 products.

Examples of brands recently adding new products

Lakme Salon listed 84 new lipstick products in the last 365 days. Examples:

Mrucha Beauty listed 35 new lipstick products in the last 365 days. Examples:

Parul Garg Beauty listed 27 new lipstick products in the last 365 days. Examples:

Top D2C brands selling lipstick in India

The ten most searched-for lipstick specialists on Shopify, ranked by branded searches a month in India.

See more Indian lipstick brands

Lipstick pricing in D2C India

The median price of lipstick is ₹499 a product, counting each store once and taking the lowest price each product is listed at. Half of stores' median prices sit between ₹299 and ₹799.

Under ₹20013.2%₹200 to ₹49937.7%₹500 to ₹99930.0%₹1,000 to ₹1,99912.1%₹2,000 and up6.9%
Share of lipstick products in each price band, for the average store. 175 stores that price in rupees, 5,628 products; each store counts once.

Price by kind of lipstick

KindStoresMedian price
Matte115₹474
Lip gloss and tints81₹499
Lip crayons and pencils47₹499
Liquid lipstick46₹617
Bullet lipstick23₹708
Sets and combos20₹779

Example products

Lower end, around ₹229

Around the median, ₹499

Higher end, around ₹1,491

What Indian lipstick brands also sell

11% of lipstick specialists sell lipstick and nothing else. The rest carry at least one other line: makeup for 69% of them, skincare for 53%.

Makeup · 70 brands69.3%Skincare · 53 brands52.5%Lip care · 28 brands27.7%Eyeliner & kajal · 26 brands25.7%Nails · 22 brands21.8%Gift hampers & boxes · 11 brands10.9%Mobile & laptop skins · 9 brands8.9%Sunscreen · 9 brands8.9%
Share of the 101 lipstick specialists that also sell each line (three or more products, or a collection of them).

Examples of what else lipstick brands sell

Lakme Salon also sells makeup. Examples:

Iba Cosmetics also sells skincare. Examples:

Parul Garg Beauty also sells eyeliner & kajal. Examples:

More data on Indian lipstick brands

Geography

Delhi, Mumbai and Ahmedabad are home to the most lipstick sellers. Delhi stands out: it has 25.2% of lipstick sellers against 13.9% of all stores.

Delhi · 113 stores26.0%Mumbai · 64 stores14.7%Ahmedabad · 26 stores6.0%Gurugram · 24 stores5.5%Bengaluru · 21 stores4.8%Pune · 11 stores2.5%Chennai · 11 stores2.5%Hyderabad · 9 stores2.1%Navi Mumbai · 9 stores2.1%Noida · 9 stores2.1%
Share of lipstick sellers by HQ city, top ten. City known for 97.7% of stores.
StateLipstick sellers% of lipstick sellers% of all stores
Maharashtra10825.4%17.7%
Delhi10725.2%13.9%
Gujarat409.4%10%
Haryana337.8%6.9%
Uttar Pradesh337.8%9%
Karnataka214.9%7.9%
Tamil Nadu194.5%6.8%
Punjab143.3%2.9%

Cash on delivery

50.6% of lipstick sellers offer cash on delivery (always or with conditions), against 40.6% of all stores. Among lipstick specialists it is 63.4%.

Lipstick specialists63.4%All lipstick sellers50.6%All Shopify D2C stores40.6%
Stores that state COD on their own site, of stores whose pages could be read.
BrandCODWhat the store saysSource
Plum GoodnessYesWe offer payment methods such as UPI, debit/credit card, netbanking, wallet, and cash on delivery (COD).plumgoodness.com/pages/faqs
Prishe BeautyYesYes, we do have free shipping as well as a COD option.prishebeauty.com/pages/faq
PilgrimYesWe accept credit/debit cards, Net banking, UPI, and Cash on Delivery (COD).discoverpilgrim.com/pages/faq
Parul Garg BeautyConditional₹49 COD Convenience Fee on all Cash on Delivery (COD) ordersparulgargbeauty.com/pages/shipping-and-delivery-info
INKHUBConditionalFor Partial COD orders, the ₹250 advance is non-refundable and the order will be cancelled if refused at delivery.inkhub.in
BiotiqueConditionalCash on delivery service available only in select regions.biotique.com/pages/faqs

How Indian D2C brands handle cash on delivery: the full report

Shopify apps

The most installed apps among lipstick sellers, with the same figure for all stores.

AppLipstick sellers% of lipstick sellers% of all stores
Judge.me26360.6%45.7%
Shiprocket14934.3%23.5%
GoKwik9922.8%10.4%
Instafeed9722.4%17.7%
Microsoft Clarity7116.4%12%
Shiprocket Checkout (Fastrr)6815.7%9.6%
Wigzo5011.5%5%
GoAffPro378.5%2.1%
Whatmore327.4%4.2%
Klaviyo317.1%4.3%

Catalogue size

Here's the breakdown of the "catalogue depth" among these lipstick brands.

1 to 5 lipstick products · 98 stores31.4%6 to 20 lipstick products · 121 stores38.8%21 to 50 lipstick products · 46 stores14.7%More than 50 lipstick products · 47 stores15.1%
312 stores with at least one product typed as lipstick.

The biggest lipstick ranges belong to MI Fashion (406 products), Krayons (381 products) and Oulac India (193 products).

Methodology

For this report, we used confirmed live Shopify stores only. We considered that a store counts as "selling lipstick" if its catalogue lists at least three live lipstick products, or a lipstick collection with at least three products. We only took pricing from stores that price in rupees. The last article update was 22 October 2026. All of the data in this report is accessible via Merchant Data's API or web UI, learn more here.

Get 30+ data points on every Indian D2C lipstick brand

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