Global Lip Care Products Market, Size, Share, Analysis Report & Forecast to 2026


Posted October 12, 2021 by alfahadkhan2510

The global lip care products market is projected to grow at a CAGR of 6.2% during the forecast period (2021-2027).

 
The global lip care products market is projected to grow at a CAGR of 6.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growing demand for natural ingredients-based products. This is pushing the market players to actively conduct R&D for the development of such products to satisfy the shifting interest of consumers. Rising awareness regarding the advantages of using lips and skin protection products is expected to continue driving the demand. Besides, unhealthy lifestyle such as smoking cigarettes damages lips, which leads to different issues such as darkening, chapping, and wrinkles. This is one of the major factors driving the demand for lip care products.

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The global lip care products market is segmented on the basis of product type, category type and distribution channel. Based on the product type, the market is segmented as lip balm, lip oil /gels, lip butter, lip scrub, lip masks, and others. Based on the category type, the market is segmented as non-medicated lip care products, medicated and therapeutic lip care products, and sun protection lip care. Whereas, based on the distribution channel, the market is segmented as online channels and offline channels.

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The global lip care products market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The European region is projected to hold a significant market share. The UK, Germany, France, Italy, Spain and the Rest of Europe are the major economies primarily contributing to the growth of the lip care products market in the region. The regional growth of the market is accredited to the presence of the well-established beauty and personal care sector in the region. The European region also holds the presence of the major beauty companies such as Bayer AG, Beiersdorf AG, Kao Corp., Kiehl's LLC, L'Oréal SA, The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever PLC which is significantly aiding the growth of the European market during the forecast period.

Global Lip Care Products Market – Segmentation
by Product Type
Lip Balm
Lip Oil /Gels
Lip Butter
Lip Scrub
Lip Masks
Others
by Category Type
Non-Medicated Lip Care Products
Medicated and Therapeutic Lip Care Products
Sun Protection Lip Care
by Distribution Channel
Online Channels
Offline Channels

Global Lip Care Products Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Avon Products, Inc.
Bayer AG
Beiersdorf AG
Carma Labs, Inc.
EOS Products, LLC
Johnson & Johnson Services, Inc.
Kao Corp.
Kiehl's LLC
L'Oréal SA
Revlon, Inc.
Shiseido Co., Ltd.
The Clorox Co.
The Estee Lauder Companies Inc.
The Himalaya Drug Co.
The Procter & Gamble Co.
Unilever PLC

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Issued By Alfahad khan
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Country India
Categories Business
Tags global lip care products market
Last Updated October 12, 2021