Allied Market Research

2024

Lip Care Market

Lip Care Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product, by Gender, by Price Range and, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032

CG : Personal care and cosmetic

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Author's: | Roshan Deshmukh
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Lip care products are used to protect the lips from exposure to sun. The demand for lip care products has showcased an upliftment from female segment in past few years, nonetheless significant interest is also displayed by the male segment. A shift and change in taste & preferences of consumers from wax & petroleum based lip care products to those comprised with organic ingredients is expected to boost the demand for lip care products all globally.

Rise in health concern, increase in demand for multi-care, multi-functional, and organic lip care products, and higher awareness towards protection of lips from overexposure to sun are anticipated to propel the market growth .

The global lip care market is segmented based on product into non-medicated, medicated & therapeutic, and sun protection. Based on gender, it is bifurcated into male and female. Based on distribution channel, it is divided into hypermarket/supermarket, drug store, specialty retailers, online stores, and others. Based on price range, it is categorized into premium, mid, and low. Geographically, it is categorized into North America, Europe, Asia-Pacific, and LAMEA. Rise in population, urbanization, and change in lifestyle of people are anticipated to expand the growth of lip care market, especially in Asian countries.

Key players identified across the value chain of this report include LOreal, Avon Products, Beiersdorf AG, Unilever, Revlon, Kao Corporation, Bayer Corporation, Blistex Inc., and others.

Key Benefits

  • The study provides an in-depth analysis of the lip care market with current and future trends to elucidate the imminent investment pockets .
  • The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
  • Porters Five Forces model analysis of the industry illustrates the potency of the buyers & suppliers.
  • Market player positioning in the report provides a clear understanding of the position of leading companies.

Lip Care Market Report Highlights

Aspects Details
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By Product
  • Non-Medicated
  • Medicated & Therapeutic
  • Sun Protection
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By Gender
  • Female
  • Male
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By Price Range
  • Premium
  • Mid
  • Low
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By Distribution Channel
  • Hypermarket and Supermarket
  • Drugstore
  • Specialty Retailers
  • Online Stores
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Unilever, Kao Corporation, Avon Products, LOreal, Beiersdorf AG, Bayer Corporation, Revlon, Blistex Inc.

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Lip Care Market

Global Opportunity Analysis and Industry Forecast, 2023-2032