openPR Logo
Press release

Global Lip Care Products Market by 2023 Growth Analysis of all Top Key Players Like L’Oréal, Revlon, Inc., Kao Corporation, Bayer, Unilever

02-05-2019 01:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Lip Care Products Market by 2023 Growth Analysis of all Top

The global lip care products market has been experiencing a positive growth over the past few years. This can be attributed to thriving cosmetic sector, increasing awareness among consumers regarding lip care, product innovations and a rise in the availability of products for men.

Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=859&flag=B

Lip care has become an essential part of the day-to-day personal-care regime as the skin on lips is thinner due to which it is easier for them to crack and chap quickly. The products which are manufactured for the purpose of lip care offer nourishment and protection to the lips against drying effects and dust. Lip care products are manufactured by using various raw materials such as beeswax, flavours, dyes, paraffin, camphor, sunscreens and fragrances along with other ingredients. A new research report by IMARC Group, titled “Lip Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 1.9 Billion in 2017. The report further anticipates the market to cross US$ 2.3 Billion by 2023, at a projected CAGR of 3.6% over the forecast period.

Get more information about the market: https://www.imarcgroup.com/lip-care-products-market

Global Lip Care Products Market Drivers/Constraints:

* Over the past few years, consumers have become conscious about their personal health such as protecting their lips against overexposure to the sun. This is one of the major factors which is driving the growth of the global lip care products market.

* The confluence of a rise in the availability of products for men and various product innovations by manufacturers has highly contributed to the overall growth of the market.

* Moreover, increasing affordability of lip care products, flourishing cosmetics industry, rising disposable incomes, rapid urbanisation and changing lifestyles are some of the other factors which are positively influencing the growth of the market.

* However, the usage of various chemicals such as parabens, lead, cadmium chromium and petrolatum for the preparation of lip care products are several factors which are impeding the market growth as these chemicals are harmful for human consumption.

Global Lip Care Products Market Segmentation:

Market Breakup by Product Type:

1. Non-Medicated Lip Care Products

2. Medicated and Therapeutic Lip Care Products

3. Sun Protection Lip Care Products

On the basis of product type, there are a large number of lip care products available in the market. Currently, non-medicated lip product account for the majority of the market share. It is followed by medicated and therapeutic lip care products, and sun protection lip care products.

Market Breakup by Distribution Channel:

1. Supermarkets and Hypermarkets

2. Departmental Stores

3. Convenience Stores

4. Specialty Stores

5. Pharmacies and Drug Stores

6. Others

The market has been further segregated on the basis of distribution channel which include supermarkets and hypermarkets, departmental stores, convenience store, specialty store, and pharmacies and drug store. Among these, supermarkets and hypermarkets represent the largest segment.

Market Breakup by Region:

1. Europe

2. North America

3. Asia Pacific

4. Latin America

5. Middle East and Africa

On a geographical front, Europe enjoys the leading position in the market owing to rapidly changing fashion and beauty trends. This can also be accredited to the cold weather conditions of western countries which results in numerous lip problems and infections. Europe is followed by North America, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

1. L’Oréal

2. Revlon, Inc.

3. Kao Corporation

4. Bayer

5. Unilever

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

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 Global Lip Care Products Market by 2023 Growth Analysis of all Top Key Players Like L’Oréal, Revlon, Inc., Kao Corporation, Bayer, Unilever here

News-ID: 1561087 • Views:

More Releases from IMARC Group

Nanofibers Market Size, Share, and Report 2024-2032
Nanofibers Market Size, Share, and Report 2024-2032
According to IMARC Group latest report titled "Nanofibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on nanofibers market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global nanofibers market size reached US$ 1,591.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 9,948.5 Million by
Oxygen Concentrator Manufacturing Plant Report 2024: Business Plan, Capital Investments and Expenses
Oxygen Concentrator Manufacturing Plant Report 2024: Business Plan, Capital Inve …
IMARC Group's report, titled "Oxygen Concentrator Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue," provides a complete roadmap for setting up an oxygen concentrator manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition
Sweet Almond Oil Processing Plant Cost 2024: Industry Trends, Machinery and Raw Materials
Sweet Almond Oil Processing Plant Cost 2024: Industry Trends, Machinery and Raw …
IMARC Group's report, titled "Sweet Almond Oil Processing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue," provides a complete roadmap for setting up a sweet almond oil processing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and
Gummed Paper Tape Manufacturing Plant Project Report 2024: Industry Trends, Setup Cost and Investment Opportunities
Gummed Paper Tape Manufacturing Plant Project Report 2024: Industry Trends, Setu …
IMARC Group's report titled "Gummed Paper Tape Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a gummed paper tape manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more.

All 5 Releases


More Releases for Lip

Global Lip balm and Lip Scrub Market will Record Rapid Growth, Trend Analysis ti …
The report on global Lip balm and Lip Scrub Market offers in-depth analysis of major market players, revenue, market share, market segments & its sub segments, and geographic regions. It also offers several industry trends and predictions for upcoming seven years. The report also puts light on the current COVID-19 pandemic situations on the global Lip balm and Lip Scrub Market enabling the user to propose strategic growth plans and
Global Lip balm and Lip Scrub Market 2020 Business Strategies – Mentholatum, M …
The market report titled “Lip balm and Lip Scrub Market – By Type (Covered Hair Lip balm and Lip Scrub, Hair Extension, and Others) and By Application (Women and Men): Middle East Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Lip balm and Lip Scrub
Global Lip balm and Lip Scrub Market 2020 Business Strategies – Mentholatum, M …
The Zion Market Research added a new report “Lip balm and Lip Scrub Market – By Type (Covered Hair Lip balm and Lip Scrub, Hair Extension, and Others) and By Application (Women and Men): Middle East Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects,
Middle East Lip balm and Lip Scrub Market Revenue Projected around USD 85 Millio …
Zion Market Research include new market research report Global Lip balm and Lip Scrub Market Research Report 2020 to its huge collection of research reports. "Middle East Lip balm and Lip Scrub Market Revenue Projected around USD 85 Million By 2026" The global Lip balm and Lip Scrub Market report delivers the clean elaborated structure of the Lip balm and Lip Scrub Market comprising each and every business-related information of
Lip Augmentation Market Outlook to 2027 - Global Analysis and Forecasts By Type …
"Lip Augmentation Market Analysis to 2027" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of in lip augmentation market with detailed market segmentation by type, lip fillers, distribution channel and geography. The lip augmentation market is segmented on the basis of type, lip fillers, distribution channel. Based on type the market
Lip Care Market Research Report Presents Growth Opportunity and Trends Analysis …
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 FactMR, provides in-depth analysis of the