Global Lip Care Products Market Size, Share & Trends Analysis Report by Product Type (Lip Balm, Lip Oil /Gels, Lip Butter, Lip Scrub, Lip Masks, and Others), by Category Type (Non-Medicated Lip Care Products, Medicated and Therapeutic Lip Care Products, and Sun Protection Lip Care), and by Distribution Channel (Online Channels and Offline Channels) Forecast, 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 rising awareness of the consumers regarding the availability of a wide range of lip care products such as lip balm, lip oil /gels, lip butter, lip scrub, lip masks, and others and their benefits associated with their usage. Increased concerns of the people towards the looks is another factor propelling the market growth during the forecast period. 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. The lip balm segment of the market holds the major market share. 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. The non-medicated lip care products segment of the market holds the major market share. Whereas, based on the distribution channel, the market is segmented as online channels and offline channels. The online channel segment of the market holds the major market share.
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.
Further, Bayer AG, Beiersdorf AG, Kao Corp., Kiehl's LLC, L'Oréal SA, The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever PLC among others are some of the prominent players functioning in the global Lip Care Products market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
The market study of the global lip care products market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
- Global Lip Care Products Market Research and Analysis by Product Type
- Global Lip Care Products Market Research and Analysis by Category Type
- Global Lip Care Products Market Research and Analysis by Applications
The Report Covers
- Comprehensive research methodology of the global lip care products market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global lip care products market.
- Insights about market determinants which are stimulating the global lip care products market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
5.1.1. Lip Balm
5.1.2. Lip Oil /Gels
5.1.3. Lip Butter
5.1.4. Lip Scrub
5.1.5. Lip Masks
5.2. Global Lip Care Products Market by Category Type
5.2.1. Non-Medicated Lip Care Products
5.2.2. Medicated and Therapeutic Lip Care Products
5.2.3. Sun Protection Lip Care
5.3. Global Lip Care Products Market by Distribution Channel
5.3.1. Online Channels
5.3.2. Offline Channels
6.2.6. Rest of Europe
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7.2. Bayer AG
7.3. Beiersdorf AG
7.4. Carma Labs, Inc.
7.5. EOS Products, LLC
7.6. Johnson & Johnson Services, Inc.
7.7. Kao Corp.
7.8. Kiehl's LLC
7.9. L'Oréal SA
7.10. Revlon, Inc.
7.11. Shiseido Co., Ltd.
7.12. The Clorox Co.
7.13. The Estee Lauder Companies Inc.
7.14. The Himalaya Drug Co.
7.15. The Procter & Gamble Co.
7.16. Unilever PLC
A selection of companies mentioned in this report includes:
- 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