Matte lipsticks have a flat, non-shiny finish, while glossy lipsticks have a shiny, reflective finish. Matte lipsticks typically have a longer wear time and provide a more intense color payoff. On the other hand, glossy lipsticks tend to be more moisturizing and can create a plumping effect on the lips. The choice between matte and glossy lipsticks depends on your personal preference and the desired look.