Lip Care Products Market By Share, Size and Forecast 2028|TechSci Research

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD1.8 Billion
CAGR (2023-2028)	11.81%
Fastest Growing Segment	Online
Largest Market	Asia-Pacific

The Global Lip Care Products Market size is anticipated to grow during the forecast period due to increasing demand for organic & natural products, and rising demand for flavored lip care products.

Global Lip Care Products Market Scope

The Global Lip Care Products Market includes a wide range of products that are designed to protect and nourish the lips. These products can be categorized into various types, including lip balms, lip conditioners, lip masks, lip oils, lip scrubs, etc. The market is fueled by factors including expanding demand for natural and organic lip care products, growing awareness of the importance of lip health, and accessibility to a wide variety of products in different flavors, colors, and textures.

Based on product type, the market is segmented into medicated, non-medicated, and sun protection lip care products. Medicated lip care products are those that are formulated to treat specific lip conditions, such as cold sores, chapped or cracked lips, and infections. These products contain active ingredients that provide therapeutic benefits and may require a prescription from a healthcare professional. Non-medicated lip care products are those designed to moisturize, nourish, and protect the lips without containing any active medicinal ingredients. These products are used for daily lip care and maintenance and are available in various forms, including lip balms, lip oils, and lip scrubs, etc. Sun protection lip care products are designed to protect the lips from the harmful effects of the sun's ultraviolet (UV) rays. These products typically contain ingredients such as titanium dioxide, zinc oxide, avobenzone, and octinoxate that provide broad-spectrum protection against both UVA and UVB rays.

Global Lip Care Products Market Overview

The Global Lip Care Products Market is a highly competitive and dynamic industry. Lip care products are used to keep the lips moisturized, protect them from environmental damage, and improve their appearance. The market includes various types of products such as lip balms, lip oils, and lip masks, etc. The increasing demand for natural and organic lip care products, and the availability of a wide range of products in various flavors, colors, and textures driving the growth of the market. For example, in June 2021, Ethique, a New Zealand-based beauty products company, have launched the first line of zero-waste lip balms in home-compostable, plastic-free packaging. To keep lips hydrated and smooth, the lip balms contain ingredients like jojoba oil, moringa oil, and castor oil.

Furthermore, in terms of regions, Asia-Pacific region has a significant share in the Global Lip Care Products Market during the forecast period due to surging demand of lip care products in developing countries like India, Japan, China.

Global Lip Care Products Market Drivers

Rising consumer awareness of the importance of protecting one's lips from excessive sun exposure as well as the accessibility of lip care products will be key factors propelling the Global Lip Care Products Market during the forecast period.

The growing demand for organic and natural products drives the Global Lip Care Products Market during the forecast period. Customers are increasingly looking for organic and natural lip care products that are free of hazardous chemicals and artificial components as they become more health conscious. This has led to a rise in demand for natural and organic lip care products.

Factors such as pollution, exposure to sunlight, and weather conditions can contribute to lip problems and lip care products can help prevent and treat these issues. Also, changing consumer preferences, such as a shift towards natural and sustainable products, as well as changing lifestyles, such as increased travel and exposure to different climates, are driving the demand for lip care products.

Global Lip Care Products Market Trends

A major trend in the Global Lip Care Products Market is increasing the popularity of tinted and flavored lip care products. Consumers are increasingly looking for lip care products that offer multiple benefits, such as sun protection, nourishment, and moisturization along with these benefits customers desires products that provides hydration and protection with addition of color and flavor to their lips. Tinted and flavored lip balms are becoming more popular as they offer a two-in-one solution for consumers. Also, the rise in demand for multi-functional lip care products fuels the Global Lip Care Products Market Growth.

Furthermore, the growing popularity of online sales channels among consumers has become a major trend in the Global Lip Care Products Market. The rise of e-commerce platforms and social media marketing is making it easier for consumers to discover and purchase lip care products. Online sales channels offer convenience, competitive pricing, and a wider range of product choices for consumers.

Global Lip Care Products Market Challenges

A major challenge in the Global Lip Care Products Market is fluctuating raw material prices which impedes the Global Lip Care Products Market Growth. The prices of raw materials used in lip care products, such as shea butter, beeswax, and essential oils fluctuate due to factors such as supply and demand, weather conditions, and geopolitical events. This can impact the pricing and availability of lip care products.

Additionally, increasing competition from counterfeit products hinder the Global Lip Care Products Market, which are sold at lower prices and doesn’t comply with the safety and quality standards. This can impact consumer trust and the reputation of genuine brands.

Furthermore, some synthetic ingredients used in lip care products, such as parabens and phthalates, have been linked to health concerns like endocrine disruption which impedes the Global Lip Care Products Market growth. This has led to increasing consumer demand for natural and organic lip care products, which can pose a challenge for manufacturers who rely on synthetic ingredients.

Recent Developments

In the year 2023, Himalaya Wellness Company, the herbal health and personal care brand launched two new lip balms variations such as Cherry Shine and Berry Shine Lip Balms in the market.
In 2022, The Lip Balm Company launched four environmentally friendly "Travel Minis lip balms" in 1g squeeze tubes.
In the year 2022, “ALANNA”, India's lip care brand, launched the World's First Lip Wash for both men and women.
In 2022, the brand “ChapStick”, launched the Green Apple lip balm in the market which helps in hydrating the lips.
In the year 2022, "Pili Ani", a Filipina-owned skincare brand, has launched the moisturizing Pili Lip Butters in the United States. Pili Lip Butters are moisturizing, revitalizing, and include antioxidants, fatty acids, and vitamin E.
In 2022, Nuxe launched honey-based lip balms, under the brand name "Reve de Miel", which are made with 100% natural-origin ingredients.
In the year 2022, the brand “Rhode Skin” launched the Peptide Lip Treatment in the market. It comes in three different flavors such as salted caramel, watermelon slice, and unscented.

Global Lip Care Products Market Opportunities

The Global Lip Care Products Market presents numerous opportunities for growth and development. The rising popularity of organic lip care products among consumers presents an opportunity to manufacturers to enter the market to have a competitive edge in the market. Additionally, the online retail segment is expected to witness significant growth over the forecast period, owing to the convenience of online shopping and the increasing popularity of e-commerce platforms. Manufacturers are capitalizing on this trend by expanding their online presence and investing in online marketing to reach a wider audience.

Moreover, the rising awareness about the importance of lip health and the growing popularity of lip care products in emerging economies such as China, India, and Brazil present significant growth opportunities for manufacturers to enter the Global Lip Care Products Market. These regions have a large consumer base which makes them attractive markets for lip care products.

Company Profiles.

L'Oreal S.A., Unilever PLC, Beiersdorf AG, Colgate-Palmolive Company, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., The Avon Company, Shiseido Cosmetics, Revlon Consumer Products Corporation, and Himalaya Global Holdings Ltd., etc. are the market players in the global lip care products market during the forecast period.

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Market Segmentation

The Global Lip Care Products Market is segmented into type, product type, packaging, end-user, distribution channel, and region. Based on type, the market is segmented into lip balms, lip scrubs, lip masks, lip conditioners, and others. Based on product type, the market is segmented into medicated, non-medicated, and sun protection. Based on packaging, the market is segmented into stick, tube, and others. Based on end-user, the market is segmented into male and female. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacy & drug stores, specialty stores, online, and non-retail.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Type Product Type Packaging End-User Distribution Channel Region
Regional Scope	Asia-Pacific, North America, Europe, Middle East & Africa, and South America
Country Scope	China, India, Japan, South Korea, Australia, United States, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, Saudi Arabia, UAE, South Africa, Turkey, Brazil, Argentina, Colombia
Key Companies Profiled	L'Oreal S.A., Unilever PLC, Beiersdorf AG, Colgate-Palmolive Company, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., The Avon Company, Shiseido Cosmetics, Revlon Consumer Products Corporation, and Himalaya Global Holdings Ltd., etc.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail of customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, the global lip care products market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Lip Care Products Market, By Type:

o Lip Balms

o Lip Scrubs

o Lip Masks

o Lip Conditioners

o Others

· Lip Care Products Market, By Product Type:

o Medicated

o Non-Medicated

o Sun Protection

· Lip Care Products Market, By Packaging:

o Stick

o Tube

o Others

· Lip Care Products Market, By End-User:

o Male

o Female

· Lip Care Products Market, By Distribution Channel:

o Supermarkets/Hypermarkets

o Pharmacy & Drug Stores

o Specialty Stores

o Online

o Non-Retail

· Lip Care Products Market, By Region:

o Asia-Pacific

§ China

§ India

§ Japan

§ South Korea

§ Australia

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ Germany

§ France

§ United Kingdom

§ Italy

§ Spain

o Middle East & Africa

§ Saudi Arabia

§ UAE

§ South Africa

§ Turkey

o South America

§ Brazil

§ Argentina

§ Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global lip care products market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Lip Care Products Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Market Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer Analysis (B2C Model Analysis)

4.1. Sample Size Determination

4.2. Respondent Demographics

4.2.1. By Gender

4.2.2. By Age

4.2.3. By Occupation

4.3. Brand Awareness

4.4. Factors Influencing Purchase Decision

4.5. Challenges Faced After Purchase

5. Global Lip Care Products Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type Market Share Analysis (Lip Balms, Lip Scrubs, Lip Masks, Lip Conditioners, Others)

5.2.2. By Product Type Market Share Analysis (Medicated, Non-Medicated, and Sun Protection)

5.2.3. By Packaging Market Share Analysis (Stick, Tube, and Others)

5.2.4. By End-User Market Share Analysis (Male, Female)

5.2.5. By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Pharmacy & Drug Stores, Specialty Stores, Online and Non-Retail)

5.2.6. By Region Market Share Analysis

5.2.6.1. Asia-Pacific Market Share Analysis

5.2.6.2. North America Market Share Analysis

5.2.6.3. Europe Market Share Analysis

5.2.6.4. Middle East & Africa Market Share Analysis

5.2.6.5. South America Market Share Analysis

5.2.7. By Top 5 Companies Market Share Analysis, Others (2022)

5.3. Global Lip Care Products Mapping & Opportunity Assessment

5.3.1. By Type Market Mapping & Opportunity Assessment

5.3.2. By Product Type Market Mapping & Opportunity Assessment

5.3.3. By Packaging Market Mapping & Opportunity Assessment

5.3.4. By End-User Market Mapping & Opportunity Assessment

5.3.5. By Distribution Channel Market Mapping & Opportunity Assessment

5.3.6. By Region Market Mapping & Opportunity Assessment

6. Asia-Pacific Lip Care Products Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type Market Share Analysis

6.2.2. By Product Type Market Share Analysis

6.2.3. By Packaging Market Share Analysis

6.2.4. By End-User Market Share Analysis

6.2.5. By Distribution Channel Market Share Analysis

6.2.6. By Country Market Share Analysis

6.2.6.1. China Lip Care Products Market Outlook

6.2.6.1.1. Market Size & Forecast

6.2.6.1.1.1. By Value

6.2.6.1.2. Market Share & Forecast

6.2.6.1.2.1. By Type Market Share Analysis

6.2.6.1.2.2. By Product Type Market Share Analysis

6.2.6.1.2.3. By Packaging Market Share Analysis

6.2.6.1.2.4. By End-User Market Share Analysis

6.2.6.1.2.5. By Distribution Channel Market Share Analysis

6.2.6.2. India Lip Care Products Market Outlook

6.2.6.2.1. Market Size & Forecast

6.2.6.2.1.1. By Value

6.2.6.2.2. Market Share & Forecast

6.2.6.2.2.1. By Type Market Share Analysis

6.2.6.2.2.2. By Product Type Market Share Analysis

6.2.6.2.2.3. By Packaging Market Share Analysis

6.2.6.2.2.4. By End-User Market Share Analysis

6.2.6.2.2.5. By Distribution Channel Market Share Analysis

6.2.6.3. Japan Lip Care Products Market Outlook

6.2.6.3.1. Market Size & Forecast

6.2.6.3.1.1. By Value

6.2.6.3.2. Market Share & Forecast

6.2.6.3.2.1. By Type Market Share Analysis

6.2.6.3.2.2. By Product Type Market Share Analysis

6.2.6.3.2.3. By Packaging Market Share Analysis

6.2.6.3.2.4. By End-User Market Share Analysis

6.2.6.3.2.5. By Distribution Channel Market Share Analysis

6.2.6.4. South Korea Lip Care Products Market Outlook

6.2.6.4.1. Market Size & Forecast

6.2.6.4.1.1. By Value

6.2.6.4.2. Market Share & Forecast

6.2.6.4.2.1. By Type Market Share Analysis

6.2.6.4.2.2. By Product Type Market Share Analysis

6.2.6.4.2.3. By Packaging Market Share Analysis

6.2.6.4.2.4. By End-User Market Share Analysis

6.2.6.4.2.5. By Distribution Channel Market Share Analysis

6.2.6.5. Australia Lip Care Products Market Outlook

6.2.6.5.1. Market Size & Forecast

6.2.6.5.1.1. By Value

6.2.6.5.2. Market Share & Forecast

6.2.6.5.2.1. By Type Market Share Analysis

6.2.6.5.2.2. By Product Type Market Share Analysis

6.2.6.5.2.3. By Packaging Market Share Analysis

6.2.6.5.2.4. By End-User Market Share Analysis

6.2.6.5.2.5. By Distribution Channel Market Share Analysis

7. North America Lip Care Products Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type Market Share Analysis

7.2.2. By Product Type Market Share Analysis

7.2.3. By Packaging Market Share Analysis

7.2.4. By End-User Market Share Analysis

7.2.5. By Distribution Channel Market Share Analysis

7.2.6. By Country Market Share Analysis

7.2.6.1. United States Lip Care Products Market Outlook

7.2.6.1.1. Market Size & Forecast

7.2.6.1.1.1. By Value

7.2.6.1.2. Market Share & Forecast

7.2.6.1.2.1. By Type Market Share Analysis

7.2.6.1.2.2. By Product Type Market Share Analysis

7.2.6.1.2.3. By Packaging Market Share Analysis

7.2.6.1.2.4. By End-User Market Share Analysis

7.2.6.1.2.5. By Distribution Channel Market Share Analysis

7.2.6.2. Canada Lip Care Products Market Outlook

7.2.6.2.1. Market Size & Forecast

7.2.6.2.1.1. By Value

7.2.6.2.2. Market Share & Forecast

7.2.6.2.2.1. By Type Market Share Analysis

7.2.6.2.2.2. By Product Type Market Share Analysis

7.2.6.2.2.3. By Packaging Market Share Analysis

7.2.6.2.2.4. By End-User Market Share Analysis

7.2.6.2.2.5. By Distribution Channel Market Share Analysis

7.2.6.3. Mexico Lip Care Products Market Outlook

7.2.6.3.1. Market Size & Forecast

7.2.6.3.1.1. By Value

7.2.6.3.2. Market Share & Forecast

7.2.6.3.2.1. By Type Market Share Analysis

7.2.6.3.2.2. By Product Type Market Share Analysis

7.2.6.3.2.3. By Packaging Market Share Analysis

7.2.6.3.2.4. By End-User Market Share Analysis

7.2.6.3.2.5. By Distribution Channel Market Share Analysis

8. Europe Lip Care Products Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type Market Share Analysis

8.2.2. By Product Type Market Share Analysis

8.2.3. By Packaging Market Share Analysis

8.2.4. By End-User Market Share Analysis

8.2.5. By Distribution Channel Market Share Analysis

8.2.6. By Country Market Share Analysis

8.2.6.1. Germany Lip Care Products Market Outlook

8.2.6.1.1. Market Size & Forecast

8.2.6.1.1.1. By Value

8.2.6.1.2. Market Share & Forecast

8.2.6.1.2.1. By Type Market Share Analysis

8.2.6.1.2.2. By Product Type Market Share Analysis

8.2.6.1.2.3. By Packaging Market Share Analysis

8.2.6.1.2.4. By End-User Market Share Analysis

8.2.6.1.2.5. By Distribution Channel Market Share Analysis

8.2.6.2. France Lip Care Products Market Outlook

8.2.6.2.1. Market Size & Forecast

8.2.6.2.1.1. By Value

8.2.6.2.2. Market Share & Forecast

8.2.6.2.2.1. By Type Market Share Analysis

8.2.6.2.2.2. By Product Type Market Share Analysis

8.2.6.2.2.3. By Packaging Market Share Analysis

8.2.6.2.2.4. By End-User Market Share Analysis

8.2.6.2.2.5. By Distribution Channel Market Share Analysis

8.2.6.3. United Kingdom Lip Care Products Market Outlook

8.2.6.3.1. Market Size & Forecast

8.2.6.3.1.1. By Value

8.2.6.3.2. Market Share & Forecast

8.2.6.3.2.1. By Type Market Share Analysis

8.2.6.3.2.2. By Product Type Market Share Analysis

8.2.6.3.2.3. By Packaging Market Share Analysis

8.2.6.3.2.4. By End-User Market Share Analysis

8.2.6.3.2.5. By Distribution Channel Market Share Analysis

8.2.6.4. Italy Lip Care Products Market Outlook

8.2.6.4.1. Market Size & Forecast

8.2.6.4.1.1. By Value

8.2.6.4.2. Market Share & Forecast

8.2.6.4.2.1. By Type Market Share Analysis

8.2.6.4.2.2. By Product Type Market Share Analysis

8.2.6.4.2.3. By Packaging Market Share Analysis

8.2.6.4.2.4. By End-User Market Share Analysis

8.2.6.4.2.5. By Distribution Channel Market Share Analysis

8.2.6.5. Spain Lip Care Products Market Outlook

8.2.6.5.1. Market Size & Forecast

8.2.6.5.1.1. By Value

8.2.6.5.2. Market Share & Forecast

8.2.6.5.2.1. By Type Market Share Analysis

8.2.6.5.2.2. By Product Type Market Share Analysis

8.2.6.5.2.3. By Packaging Market Share Analysis

8.2.6.5.2.4. By End-User Market Share Analysis

8.2.6.5.2.5. By Distribution Channel Market Share Analysis

9. Middle East & Africa Lip Care Products Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type Market Share Analysis

9.2.2. By Product Type Market Share Analysis

9.2.3. By Packaging Market Share Analysis

9.2.4. By End-User Market Share Analysis

9.2.5. By Distribution Channel Market Share Analysis

9.2.6. By Country Market Share Analysis

9.2.6.1. Saudi Arabia Lip Care Products Market Outlook

9.2.6.1.1. Market Size & Forecast

9.2.6.1.1.1. By Value

9.2.6.1.2. Market Share & Forecast

9.2.6.1.2.1. By Type Market Share Analysis

9.2.6.1.2.2. By Product Type Market Share Analysis

9.2.6.1.2.3. By Packaging Market Share Analysis

9.2.6.1.2.4. By End-User Market Share Analysis

9.2.6.1.2.5. By Distribution Channel Market Share Analysis

9.2.6.2. UAE Lip Care Products Market Outlook

9.2.6.2.1. Market Size & Forecast

9.2.6.2.1.1. By Value

9.2.6.2.2. Market Share & Forecast

9.2.6.2.2.1. By Type Market Share Analysis

9.2.6.2.2.2. By Product Type Market Share Analysis

9.2.6.2.2.3. By Packaging Market Share Analysis

9.2.6.2.2.4. By End-User Market Share Analysis

9.2.6.2.2.5. By Distribution Channel Market Share Analysis

9.2.6.3. South Africa Lip Care Products Market Outlook

9.2.6.3.1. Market Size & Forecast

9.2.6.3.1.1. By Value

9.2.6.3.2. Market Share & Forecast

9.2.6.3.2.1. By Type Market Share Analysis

9.2.6.3.2.2. By Product Type Market Share Analysis

9.2.6.3.2.3. By Packaging Market Share Analysis

9.2.6.3.2.4. By End-User Market Share Analysis

9.2.6.3.2.5. By Distribution Channel Market Share Analysis

9.2.6.4. Turkey Lip Care Products Market Outlook

9.2.6.4.1. Market Size & Forecast

9.2.6.4.1.1. By Value

9.2.6.4.2. Market Share & Forecast

9.2.6.4.2.1. By Type Market Share Analysis

9.2.6.4.2.2. By Product Type Market Share Analysis

9.2.6.4.2.3. By Packaging Market Share Analysis

9.2.6.4.2.4. By End-User Market Share Analysis

9.2.6.4.2.5. By Distribution Channel Market Share Analysis

10. South America Lip Care Products Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Product Type Market Share Analysis

10.2.3. By Packaging Market Share Analysis

10.2.4. By End-User Market Share Analysis

10.2.5. By Distribution Channel Market Share Analysis

10.2.6. By Country Market Share Analysis

10.2.6.1. Brazil Lip Care Products Market Outlook

10.2.6.1.1. Market Size & Forecast

10.2.6.1.1.1. By Value

10.2.6.1.2. Market Share & Forecast

10.2.6.1.2.1. By Type Market Share Analysis

10.2.6.1.2.2. By Product Type Market Share Analysis

10.2.6.1.2.3. By Packaging Market Share Analysis

10.2.6.1.2.4. By End-User Market Share Analysis

10.2.6.1.2.5. By Distribution Channel Market Share Analysis

10.2.6.2. Colombia Lip Care Products Market Outlook

10.2.6.2.1. Market Size & Forecast

10.2.6.2.1.1. By Value

10.2.6.2.2. Market Share & Forecast

10.2.6.2.2.1. By Type Market Share Analysis

10.2.6.2.2.2. By Product Type Market Share Analysis

10.2.6.2.2.3. By Packaging Market Share Analysis

10.2.6.2.2.4. By End-User Market Share Analysis

10.2.6.2.2.5. By Distribution Channel Market Share Analysis

10.2.6.3. Argentina Lip Care Products Market Outlook

10.2.6.3.1. Market Size & Forecast

10.2.6.3.1.1. By Value

10.2.6.3.2. Market Share & Forecast

10.2.6.3.2.1. By Type Market Share Analysis

10.2.6.3.2.2. By Product Type Market Share Analysis

10.2.6.3.2.3. By Packaging Market Share Analysis

10.2.6.3.2.4. By End-User Market Share Analysis

10.2.6.3.2.5. By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.1.1. Rising prevalence of lip related problems

11.1.2. Increasing awareness regarding personal grooming

11.1.3. Growing product launches

11.2. Challenges

11.2.1. High competition among companies

11.2.2. Fluctuation in raw material prices

12. Impact of COVID-19 on the Global Lip Care Products Market

12.1. Impact Assessment Model

12.1.1. Key Segments Impacted

12.1.2. Key Distribution Channel Impacted

13. Market Trends & Developments

13.1. Rising popularity of lip masks

13.2. Increasing preference for online shopping

13.3. Growing demand of natural & organic lip care products

13.4. Surging demand of flavored lip balms

14. Porter’s Five Forces Model

14.1. Competitive Rivalry

14.2. Bargaining Power of Buyers

14.3. Bargaining Power of Suppliers

14.4. Threat of New Entrants

14.5. Threat of Substitutes

15. SWOT Analysis

15.1. Strengths

15.2. Weaknesses

15.3. Opportunities

15.4. Threats

16. Competitive Landscape

16.1. Company Profiles

16.1.1. L'Oreal S.A.

16.1.1.1. Company Details

16.1.1.2. Product & Services

16.1.1.3. Financials (As Per Availability)

16.1.1.4. Key Market Focus & Geographical Presence

16.1.1.5. Recent Developments

16.1.1.6. Key Management Personnel

16.1.2. Unilever PLC

16.1.2.1. Company Details

16.1.2.2. Product & Services

16.1.2.3. Financials (As Per Availability)

16.1.2.4. Key Market Focus & Geographical Presence

16.1.2.5. Recent Developments

16.1.2.6. Key Management Personnel

16.1.3. Beiersdorf AG

16.1.3.1. Company Details

16.1.3.2. Product & Services

16.1.3.3. Financials (As Per Availability)

16.1.3.4. Key Market Focus & Geographical Presence

16.1.3.5. Recent Developments

16.1.3.6. Key Management Personnel

16.1.4. Colgate-Palmolive Company

16.1.4.1. Company Details

16.1.4.2. Product & Services

16.1.4.3. Financials (As Per Availability)

16.1.4.4. Key Market Focus & Geographical Presence

16.1.4.5. Recent Developments

16.1.4.6. Key Management Personnel

16.1.5. The Estée Lauder Companies Inc.

16.1.5.1. Company Details

16.1.5.2. Product & Services

16.1.5.3. Financials (As Per Availability)

16.1.5.4. Key Market Focus & Geographical Presence

16.1.5.5. Recent Developments

16.1.5.6. Key Management Personnel

16.1.6. Johnson & Johnson Services, Inc.

16.1.6.1. Company Details

16.1.6.2. Product & Services

16.1.6.3. Financials (As Per Availability)

16.1.6.4. Key Market Focus & Geographical Presence

16.1.6.5. Recent Developments

16.1.6.6. Key Management Personnel

16.1.7. The Avon Company

16.1.7.1. Company Details

16.1.7.2. Product & Services

16.1.7.3. Financials (As Per Availability)

16.1.7.4. Key Market Focus & Geographical Presence

16.1.7.5. Recent Developments

16.1.7.6. Key Management Personnel

16.1.8. Shiseido Cosmetics

16.1.8.1. Company Details

16.1.8.2. Product & Services

16.1.8.3. Financials (As Per Availability)

16.1.8.4. Key Market Focus & Geographical Presence

16.1.8.5. Recent Developments

16.1.8.6. Key Management Personnel

16.1.9. Revlon Consumer Products Corporation

16.1.9.1. Company Details

16.1.9.2. Product & Services

16.1.9.3. Financials (As Per Availability)

16.1.9.4. Key Market Focus & Geographical Presence

16.1.9.5. Recent Developments

16.1.9.6. Key Management Personnel

16.1.10. Himalaya Global Holdings Ltd.

16.1.10.1. Company Details

16.1.10.2. Product & Services

16.1.10.3. Financials (As Per Availability)

16.1.10.4. Key Market Focus & Geographical Presence

16.1.10.5. Recent Developments

16.1.10.6. Key Management Personnel

17. Strategic Recommendations/Action Plan

17.1. Key Focus Areas

17.2. Target Product Type

17.3. Target Distribution Channel

18. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

What are the key driving factors for the Global Lip Care Products Market?

The Global Lip Care Products Market is anticipated to be driven by the rising prevalence of lip-related problems and changing consumer preferences toward natural and sustainable products.

What are the trends in the Global Lip Care Products Market?

The rising popularity of online sales channels and increasing popularity of tinted and flavored lip care products are the key trends in the Global Lip Care Products Market.

What are the major challenges which may hinder the growth of the Global Lip Care Products Market?

Fluctuations in raw material prices and increasing competition from counterfeit products are the major challenges that may hinder the Global Lip Care Products Market expansion.

Who are the key players in the global lip care products market?

L'Oreal S.A., Unilever PLC, Beiersdorf AG, Colgate-Palmolive Company, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., The Avon Company, Shiseido Cosmetics, Revlon Consumer Products Corporation, and Himalaya Global Holdings Ltd., etc. are the key market players in the Global Lip Care Products Market.

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Parvati Sharma

Account Manager BD

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Press Release

Lip Care Products Market is Fueled by Lip Balms During the Forecast Period

May, 2023

Growing availability of lip care products in the market and increasing problems of lip dryness & darkness among people will drive the global lip care products market during the forecast period.

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