How big is the Lip Care Products Market?

The Lip Care Products Market size is expected to reach USD 4.52 billion in 2024 and grow at a CAGR of 4.90% to reach USD 5.74 billion by 2029. Read More

What is the current Lip Care Products Market size?

In 2024, the Lip Care Products Market size is expected to reach USD 4.52 billion. Read More

Who are the key players in Lip Care Products Market?

L’Oréal SA, Unilever PLC, Beiersdorf AG, The Estee Lauder Companies Inc. and LVMH Moët Hennessy Louis Vuitton are the major companies operating in the Lip Care Products Market. Read More

Which is the fastest growing region in Lip Care Products Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Lip Care Products Market?

In 2024, the North America accounts for the largest market share in Lip Care Products Market. Read More

What years does this Lip Care Products Market cover, and what was the market size in 2023?

In 2023, the Lip Care Products Market size was estimated at USD 4.30 billion. The report covers the Lip Care Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Lip Care Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Lip Care Products Market - Size, Company, Trends Forecast & Industry Growth Analysis

Lip Care Products Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Lip Balm Market and is Segmented by Type (Lip Balms, Lip Scrubs, Lip Masks, and Others); Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Drug Stores, Specialty Stores, Online Retail Stores, and Other Distribution Channels); and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).

Lip Care Products Industry Overview

The global lip care products market is highly competitive with the presence of different global as well as regional players in the market. All these players focus on different strategies, like product innovation, merger and acquisition, expansion, and partnership, to enhance their reach in the market and grab customers’ attention. Many players are marketing their products in the market by partnering with companies from different industries.

For instance, in August 2022, Pilgrim, a direct-to-customer beauty and personal care brand, partnered with MyFroyoLand, a premium frozen yogurt company in India. The company promoted its Squalane lip care range as a part of this campaign.

Major players in the market include L’Oréal SA, LVMH, The Estee Lauder Companies Inc., Unilever PLC, and Beiersdorf AG, among others. These companies hold a substantial market share, expanding both their visibility and portfolio of offerings. This has contributed to the overall growth of the market.