The Lip Care Market is valued at USD 3021.8 Million in 2021 and is expected to reach USD 4167.6 Million by 2028 with a CAGR of 4.7% over the forecast period. Increasing number of lip care products, growing demand of organic and natural lip balms, rising demand for the product among a wide range of population including men and women are some of the major factors expected to drive the growth of the Global Lip Care Market.
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L’Oréal S.A.
Beiersdorf Aktiengesellschaft
Shiseido Co., Ltd.
Avon Products, Inc.
Ethique Inc
Unilever PLC
The Estee Lauder Companies Inc.
Kiehl’s
Burt’s Bees
Carmex
Blistex
Forest Essentials
The Body Shop
others.
Lip care cosmetic plays a significant role in our current lifestyle. Moreover current trend is going green in almost all industries including lip cosmetics to adopt more natural way of life. Lip care products are a charity to hydrate and care for lips from getting dry or sore. Lip care products are useful topically and helpful in keeping the lips soft and make them feel better. Lip care products offer nourishment and moisturization to the lips and safeguard them from revelation to sunlight, dirt, and the drying symptoms of wind and cold. Such products entail mainly of camphor, beeswax or carnauba wax, paraffin, lanolin, petrolatum, and other ingredients. Such products are accessible in a variety of packaging types, such as small sticks, containers, and tins. These are available in various types, texture, and flavors. Lip balms are formulations useful onto the lips to prevent drying and protect against adverse environmental factors. Various kinds of lip balms of chemical origin are currently available in the market from companies like the body shop, Nivea, Himalaya, Blistex, etc.
Covid-19 has shown a negative impact on the growth of the lip care market. The lip care industry has been disturbed by the Covid-19 crisis. First-quarter sales have been weak, and there had been widespread store closures. In the Covid-19 pandemic, its maximum manufacturing to produce hand sanitizers and cleaning agents and stopped other manufacturing production.
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By Product:
Non-Medicated
Medicated & Therapeutic
Sun Protection
By Distribution Channel:
Hypermarkets & Supermarkets
Pharmacy & Drug Store
specialty Store
Online
Others
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Ethique Launched Compostable Lip Balms
On June 14th, 2021- Ehique advanced its steps towards sustainability with a brand-new launch. The brand is introduced its first line of zero-waste lip balms, which feature home-compostable packaging that is free of plastic.
Avon Products Cannabis Sativa Collection is Expanding
On June 2nd, 2021; Avon Products expanded its collection to include products for lip and face that harness the rejuvenating, calming benefits of Cannabis Sativa Seed Oil. The new products to the line include a lip balm, for a moisture hit; a lip elixir, for non-sticky, clear, reflective shine; an illuminating essence, for an instant subtle glow; and a sheet mask, for a nourishing, calming break.
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Global Lip care market report covers in-depth historical and forecasts analysis.
Global Lip care market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Lip care market report helps to identify opportunities in the marketplace.
Global Lip care market report covers extensive analysis of emerging trends and competitive landscape.
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