Global Lip Care Products Market

Posted by ashwini on August 27th, 2021

Global Lip Care Products Market was valued at US$ 1.03Bn in 2019 and is expected to reach US$ 5.50Bn by 2026, at a CAGR of 18.34% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Lip Care Products Market, By Usage

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Global Lip Care Products Market Dynamics

Lip care product helps to protect the lips from exposure to the sun. Lip care products provide protection to lips from chapping, dryness and cold sores. It is also helpful for medical conditions like stomatitis and angular cheilitis. Lip care products are manufactured using oil bases such as beeswax, petroleum, coconut oil, paraffin, and others.

A shift in preferences of consumers from wax & petroleum-based lip care products to organic ingredients lip care product is expected to boost the demand for lip care products. Increasing awareness about health concern results in an upsurge in the demand for organic lip care products, and the inclination of the consumers towards the protection of lips from overexposure to the sun is projected to propel the market growth.
Global Lip Care Products Market Segment Analysis

Chemicals used for preparing lip care products including lipstick, lip gloss, lip balm, and other products, hampers the growth of the global lip care products market. Chemicals such as lead, cadmium chromium, petrolatum, and some of the other chemicals are harmful to human health, which can considerably hinder the growth of the lip care product market. The U.S. Food and Drug Administration stated the use of lead in around 400 lipsticks and has restricted the use of more than 10 ppm lead in lip products.

The non-medicated lip care product is expected to dominate the global lip care product market. Increasing demand for inexpensive and attractive lip care products are driving the non-medicated segment. The growing younger population inclined towards the personal care and cosmetics products and increasing demand for lip products of several brands and ranges, which are non-medicated are expected to boom the lip care product market.
Global Lip Care Products Market Regional Insights

The report provides a detailed overview of the global lip care products market including regional analysis information. Geographically, Europe is estimated to lead the global lip care product market followed by North America owing to huge expenditure on beauty and cosmetic product. Increasing consumer inclination towards modern lifestyle and adoption of the changing fashion trends and beauty trends are booming the lip care market growth in this region. The cold climatic conditions of western countries create more lip problems and lip infections, which lead to the huge growth of the lip care product market in this region.

The report gives a clear representation of the current market scenario of the global lip care products market, which includes projected market size in terms of value and volume, pestle analysis, Porter\'s analysis factors in the market.
Global Lip Care Products Market, Key Highlights:

• Global Lip Care Products Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Lip Care Products Market
• Global Lip Care Products Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Lip Care Products Market strategic analysis with respect to individual growth trends, future prospects along the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Global Lip Care Products Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Lip Care Products Market are also profiled.
The Scope of the Report for Global Lip Care Products Market: Inquire before buying

Global Lip Care Products Market, by Product

• Medicated
• Non-Medicated
• Sun Protection
Global Lip Care Products Market, by Type

• Lip Balm
• Lip Gels
• Lip Butter
• Lip Slaves
• Chap Sticks
Global Lip Care Products Market, by Usage

• Men
• Women
Global Lip Care Products Market, by Application

• Chapping
• Dryness
• Cold sores
• Angular cheilitis
• Stomatitis
Global Lip Care Products Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Lip Care Products Market Key Players

• The Himalaya Drug Company
• LOreal
• Avon Products
• Beiersdorf AG
• Unilever
• Revlon
• Kao Corporation
• Bayer Corporation
• Blistex Inc.
• Burt’s Bees
• Carma Laboratories
• Chanel
• Chattem
• CLOROX
• EOS
• KAO
• Markwins Beauty Products
• Stargazer
• Yves Rocher
• Estee Lauder
• Burt’s Bees
• GlaxoSmithKline PLC
• Shiseido Company Ltd

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