Lip Care Products Market
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 Update Available - Forecast 2024-2030
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.
On the other hand, the stringent government regulations are challenging the growth of the market. For instance, the European Government under the Cosmetics Regulation 1223/2009 had banned the usage of carcinogenic, mutagenic, and reprotoxic compounds in personal care products. Additionally, there is no universal standard set specific for lip care products. Thus, market players have to struggle with different regulatory standards of different countries.
Segmental Outlook
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.
Online Channels to Hold a Significant Share in the Global Lip Care Products Market
Amongst the distribution channels segment of the global lip care products, the online channel segment is projected to hold the most lucrative share in the market. The online channels segment has evolved from its nascent stage to a promising distribution channel segment with strong growth potential. The influx of investments and a rise in internet subscribers have shaped up the online distribution channel segment. People across the globe are widely using online channels to buy a variety of items such as beauty and personal care products including lip care products. Besides, with the recent pandemic of the COVID-19 and the increasing prevalence of chronic diseases, the demand for online purchasing has increased as consumers are trying to avoid crowded places in compliance with the required regulations; which creates a wide scope for the market growth.
Global Lip Care Products Market, by Distribution Channel 2020 (%)
Regional Outlook
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, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global lip care products market include 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. These key manufacturers are adopting various strategies such as new product launches and approvals, merger and acquisition, partnerships and collaborations, and many others in order to thrive in a competitive environment.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Lip Care Products market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Lip Care Products Market by Product Type
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
5.1.6. Others
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. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Avon Products, Inc.
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
1. GLOBAL LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
2. GLOBAL BUILDING-BASED LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL SHIPPING CONTAINER-BASED LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY TYPE, 2020-2027 ($ MILLION)
5. GLOBAL AEROPONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL HYDROPONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL AQUAPONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
9. GLOBAL SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL LIGHTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL CLIMATIC CONTROLS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL IRRIGATION DISTRIBUTION CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL BUILDING MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL OTHER DISTRIBUTION CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
18. NORTH AMERICAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY TYPE, 2020-2027 ($ MILLION)
19. NORTH AMERICAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
20. EUROPEAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
22. EUROPEAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY TYPE, 2020-2027 ($ MILLION)
23. EUROPEAN LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY TYPE, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
28. REST OF THE WORLD LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY TYPE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD LIP CARE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
1. GLOBAL LIP CARE PRODUCTS MARKET SHARE BY PRODUCT TYPE, 2020 VS 2027 (%)
2. GLOBAL LIP CARE PRODUCTS MARKET SHARE BY CATEGORY TYPE, 2020 VS 2027 (%)
3. GLOBAL LIP CARE PRODUCTS MARKET SHARE BY DISTRIBUTION CHANNEL, 2020 VS 2027 (%)
4. GLOBAL LIP CARE PRODUCTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
5. US LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
6. CANADA LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
7. UK LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
8. FRANCE LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
9. GERMANY LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
10. ITALY LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
11. SPAIN LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
12. ROE LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
13. INDIA LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
14. CHINA LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
15. JAPAN LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
16. ASEAN LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
17. SOUTH KOREA LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF ASIA-PACIFIC LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
19. REST OF THE WORLD LIP CARE PRODUCTS MARKET SIZE, 2020-2027 ($ MILLION)
