openPR Logo
Press release

Lip Care Market CAGR Projected to Grow at 4.5% through 2017 to 2026

08-07-2018 05:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Lip Care Market CAGR Projected to Grow at 4.5% through 2017 to 2026

A volume CAGR of 4.0% has been envisaged for the global market for lip care during the forecast period (2017-2026) by a recently collated report of Fact.MR. Revenues from the market for lip care across the globe are estimated to exceed US$ 3,700 Mn by 2026-end.

Emerging Interest in Personal Grooming to Drive Adoption of Lip Care Products

The surging importance of grooming, in tandem with increasing interest in presentable appearance among the aspirational, urban population in order to create positive impression has provided numerous growth opportunities for the global cosmetics industry. Emerging interest of working professionals in personal grooming on account of improving living standards is driving innovations in cosmetic products, and lip care has been no exception. A wide range of revolutionary products of lip care have been launched around the world, and these products have an aesthetic appeal for grabbing attention of consumers, in turn fuelling sales. The lip care products are gaining immense traction within the beauty- & health-conscious consumers, as they deliver protection & nourishment to lips against harmful sun rays, and drying effects of cold & wind.

However, chemicals employed in the production of lip care products are being considered as harmful to health, which in turn has resulted into the consumer inclination toward organic lip care products. Leading players in the market are therefore introducing organic and multi-purpose lip care products for sustaining alongside growing trends. Demand for sun protection factor-based (SPF-based) lip care products from the youth population is a major trend being observed worldwide. Various entertaining & convincing advertisements, which promote use of lip care products, coupled with endorsements by celebrities on television and social media will further accelerate lip care products sales in the upcoming years.

Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=495

6 Key Future Prospects of Lip Care Market for Forecast Period 2017-2026 (In Terms of Volume)

Accounting for over one-third share of the market, Asia-Pacific excluding Japan (APEJ) will continue to lead the global lip care market. North America and Europe will also persist as major markets for lip care, with sales collectively estimated to surpass 290,000,000 units by 2026-end.
Between Latin America and Middle East & Africa (MEA), the former will account for a relatively larger market share, whereas the latter will exhibit a comparatively higher CAGR through 2026.
On the basis of product type, lip balm will account for the largest market share, followed by lip butter. Lip balms will record the fastest sales expansion during the forecast period. Lip conditioner is also envisaged to exhibit a notable rise in sales through 2026.
Departmental stores and online stores are projected to prevail as fast-expanding sales channels in the global lip care market, with sales collectively estimated to exceed 145,000,000 units by 2026-end. However, modern trade will continue to account for the largest market shares, trailed by convenience store.
Based on price range, economic and medium segments will remain dominant in the market. Sales of lip care products in economic price range will register the highest CAGR in the market through 2026.
Sticks will continue to be the preferred packaging type for lip care products, with sales pegged to exceed 350,000,000 units by 2026-end.
Fact.MR’s report offers forecast and analysis on key players underpinning expansion of the global lip care market. The market players profiled by the report include Subaru Corporation, Kiehl’s, The Estee Lauder Companies Inc., Shiseido Co., Ltd., Avon Products, Inc., Johnson & Johnson Services, Inc., Beiersdorf Aktiengesellschaft, Unilever PLC, The Procter & Gamble Company, Kao Corporation, and L’Oréal S.A.

Request Report Methodology @ https://www.factmr.com/connectus/sample?flag=RM&rep_id=495

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lip Care Market CAGR Projected to Grow at 4.5% through 2017 to 2026 here

News-ID: 1167327 • Views: 181

More Releases from Fact.MR

Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools

All 5 Releases


More Releases for Lip

Lip Mask Market Is Booming Worldwide | Loreal, P&G, Unilever
HTF MI recently introduced China Lip Mask Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Loreal, P&G, Unilever, Estee Lauder, KAO, Shiseido, Avon, lvmh, Chanel &
Lip Gloss Market Is Booming Worldwide with Loreal, Bourjois, Shiseido
HTF MI recently introduced Global Lip Gloss Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Loreal, LVMH Group, Chanel, Revlon, Procter & Gamble., Makeup Art Cosmetics,
Lip Care Market: Global Forecast over 2026
Lip care products are witnessing robust adoption worldwide on the back of their protection and nourishment to lips against drying effects caused by cold & wind, harmful sun rays, and dust. Sales of lip care products will further witness a rise with surging demand for multi-purpose, organic lip care products coupled with rising concerns regarding use of their synthetic counterparts. This report, compiled by Fact.MR, provides in-depth analysis of the
Lip Balm Market Insights Global Briefing and Forecast to 2025
A new business intelligence report released by HTF MI with title “2018-2025 Lip Balm Report on Global and United States Market, Status and Forecast, by Players, Types and Applications” that targets and provides comprehensive market analysis with future prospects to 2025. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest
Global Lip Balm Market Research Report 2017 : Loreal, Vaseline, Maybelline, Lip …
Qyresearchreports include new market research report "Global Lip Balm Market Research Report 2017" to its huge collection of research reports. The overall market for Lip Balm has been inspected on a few flow that have formally influenced the improvement of the market in a few ways. The report furthermore voices unmistakable experiences and data identifying with the overall Lip Balm market. The inside purpose of the report is to detail out
Lip Care Packaging - A Next generation Lip Care Packaging Solution is in the Wor …
The growing importance of presentable appearance and grooming among urban class, for having a positive impression in the professional world, has created considerable opportunities for cosmetics market. This trend of personal grooming among working men and women with high standard of living is contributing to the packaging requirements of cosmetic products such as lip care packaging. Lip care packaging market has launched various innovative lip care packaging products which appeal