Lip Care Product Market By Type, Product Form, Distribution Channel, Regional Global Market Analysis And Forecast 2023-2032|L’Oreal Groupe, Unilever PLC, Bayer AG, Kao Corporation, Revlon Inc.

Spread the love

The Lip Care Product Global Market Report 2023 by The Business Research Company, provides lip care product market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

Learn More On The Lip Care Product Market:

https://www.thebusinessresearchcompany.com/report/lip-care-product-global-market-report

According to The Business Research Company’s Lip Care Product Global Market Report 2023, the global lip care product market size grew from $2.17 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global lip care product is expected to grow to $2.95 billion in 2027 at a CAGR of 5.9%

Rising urbanization all over the globe is expected to propel the growth of the lip care product market going forward. Urbanization refers to the movement of people from rural to urban settings and increasing population densities in urban areas. Growth in urbanization is increasing focus on personal care, body appearance, beauty, and health consciousness, which will further drive the lip care product market growth.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=7156&type=smp

The lip care product market is segmented:

1) By Product Type: Lip Balm, Lip Butter, Lip Conditioner, Lip Scrub, Other Product Types

2) By Gender: Female, Male

3) By Packaging Range: Stick Packaging, Tube Packaging, Cosmetic Packaging, Other Packaging Ranges

4) By Distribution Channel: Hypermarkets And Supermarkets, Pharmacy And Drug Store, Specialty Store, Online, Other Distribution Channels

Product innovations are the key trends gaining popularity in the lip care product market. Major companies operating in the lip care product market are focused on manufacturing innovative products to lead the market. For instance, in June 2021, Ethique, a New Zealand-based beauty products company, introduced the first line of zero-waste lip balms with home-compostable packaging free of plastic. The lip balms contain ingredients such as jojoba oil, moringa oil, and castor oil to help keep lips hydrated and smooth.

The lip care product market report table of contents includes:

  1. Executive Summary
  2. Lip Care Products Market Characteristics
  3. Lip Care Products Market Trends And Strategies
  4. Lip Care Products Market – Macro Economic Scenario
  5. Lip Care Products Market Size And Growth

.

.

.

  1. Middle East Lip Care Products Market
  2. Africa Lip Care Products Market
  3. Lip Care Products Market Competitive Landscape And Company Profiles
  4. Key Mergers And Acquisitions In The Lip Care Products Market
  5. Lip Care Products Market Future Outlook and Potential Analysis

Top Major Players

  • L’Oreal Groupe
  • Unilever PLC
  • Bayer AG
  • Kao Corporation
  • Revlon Inc.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →