The global lip care products market size reached US$ 2.2 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 2.8 Billion by 2026, according to the latest report by IMARC Group.
Lip care products are an essential part of the personal care regime as they are used to nourish the lips of the users. They are utilized to protect the lips from external exposures, such as dry, cold temperatures and ultraviolet (UV) radiations, and provide moisture. These products primarily consist of beeswax, camphor, paraffin, lanolin, almond oil, aloe vera, petroleum jelly, dyes, flavors and fragrances, phenols, sunscreens, salicylic acid. Regular application of these products offers a soothing effect to the lips and promotes fast healing of chapped lips. They are also applied to make the lips soft, supple and plump as well as to render a definitive color to them. Some of the most commonly used lip care products include balms, butter, gloss and masks.
Request to get the sample report: https://www.imarcgroup.com/lip-care-products-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Lip Care Products Market Trends:
The global market is primarily driven by the rising trend of personal grooming among users. Shifting lifestyle patterns and the increasing influence of social media has led the masses to become conscious of their overall appearance. This has impelled them to follow skincare regimes on a regular basis, thereby creating a positive outlook for the market. In addition to this, the growing preference of the male population toward personal care products is significantly contributing to the market growth. Moreover, the rising number of smokers on the global level is driving the market growth. Smoking is often associated with darkening, chapping and wrinkling of the lips, which has increased the uptake of lip care products. The advent of various organic and natural variants in the market has also contributed to their widespread popularity. The easy availability of a wide range of lip care products on numerous e-commerce platforms at affordable and discounted prices, along with the continual launch of diversified products, including premium variants, by the industry players, are some of the other factors that are driving the market further.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/lip-care-products-market
Lip Care Products Market Coverage and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the leading players operating in the market are:
- KAO CORP (KAOCF)
- Revlon, Inc. New (REV)
- Beiersdorf AG
- The Clorox Company
- Unilever NV (UN)
- Carma Labs, Inc.
- L’OREAL (OR.PA)
- BAYER AG (BAYRY)
- EOS Products, LLC
- Avon Products, Inc.
Top Lip Care Products Companies in the World
Key Insights from the Report:
- Based on the product type, the market has been divided into non-medicated, medicated and therapeutic, and sun protection. Amongst these, non-medicated lip care products represent the most preferred segment.
- On the basis of the distribution channel, the market has been categorized into supermarkets and hypermarkets, specialty retailers, pharmacies and drug stores, online stores and others. Currently, supermarkets and hypermarkets exhibit a clear dominance in the market.
- Based on the geographical front, Asia Pacific holds the leading position in the market. Other major regions include North America, Europe, Middle East and Africa, and Latin America.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Browse Related reports:
Diaper Market Report: https://www.imarcgroup.com/prefeasibility-report-diaper-manufacturing-plant-2
Cigarette Market Report: https://www.imarcgroup.com/cigarette-manufacturing-plant
Laminate Flooring Market Report: https://www.imarcgroup.com/laminate-flooring-market
Male Toiletries Market Report: https://www.imarcgroup.com/male-toiletries-market
Face Makeup Market Report: https://www.imarcgroup.com/face-makeup-market
Baby Wipes Market Report: https://www.imarcgroup.com/baby-wipes-market
Handicrafts Market Report: https://www.imarcgroup.com/handicrafts-market
UAE Luxury Market Report: https://www.imarcgroup.com/uae-luxury-goods-market
GCC Perfume Market Report: https://www.imarcgroup.com/gcc-perfume-market
Baby Oral Care Products Market Report: https://www.imarcgroup.com/baby-oral-care-products-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800