Global Lip Balm Market, By Type (Flavored, CBD or Hemp Oil, SPF, Tinted, Plumping, Organic, Medicated, Others), By Application (Individual, Commercial), By Price (Low, Medium, High), By Distribution Channel (Online [E Commerce Websites, Company Owned Websites] Offline [Supermarket/Hypermarket, Specialty Store, Others], and opportunities and forecast 2020-2027
Lip Balm Market Overview
The Global Lip Balm Market is projected to rise at a considerable rate in the coming years. Lip balm is a waxy material that is applied to the lips to hydrate them when they are dry. Lip balm sales are on the rise all around the world as people become more conscious of the importance of personal maintenance.
Lip skin is thinner than facial skin, and as a result, it dries quickly. Lip balms keep lips nourished and help them heal faster. The majority of lip balms contain SPF, which protects against the sun's harmful rays. Lip balms also hydrate, nourish, colour, and give the lips a glossy sheen, making them appear fuller. Lip balm demand rises as a result of these reasons. Eventually, it boosts the growth of the Global Lip Balm Market.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Type, Application, Price, Distribution Channel, and Region.
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered
Kao Corporation, Revlon, Beiersdorf, The Clorox Company, Unilever N.V./PLC, Carma Labs, L'Oréal S.A., EOS Products, AVON PRODUCTS, Himalaya Global Holdings Ltd.
Covid-19 Impact on Lip Balm Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Lip Balm Market Segment Overview
According to Type, Flavored is the largest segment in the global Lip Balm Market. Lip balms come in a variety of flavours and aromas. Furthermore, by, Distribution Channel, Online is a major segment in the market. The lip balm market is being propelled by the expansion of the online platform, increased consumer knowledge about lip care, and improved consumer lifestyles.
Lip Balm Market, By Type · Flavored · CBD or Hemp Oil · SPF · Tinted · Plumping · Organic · Medicated · Others
Lip Balm Market, By Application · Individual · Commercial
Lip Balm Market, By Price · Low · Medium · High
Lip Balm Market, By Distribution Channel
Online
E Commerce Websites
Company Owned Websites
Offline
Supermarket/Hypermarket
Specialty Store
Others
Lip Balm Market Regional Overview
Region-Wise, the global lip balm market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific dominated the global lip balm market in 2020. This is due to a rise in awareness about personal care and grooming in the region. Lip balm has been propelled by population growth in the Asia Pacific, particularly in China, India, and Japan. Additionally, during the forecast period, the lip balm market in the Asia Pacific is expected to grow at a quick pace, followed by North America and Europe.
Lip Balm Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Lip Balm Market, Key Players
· Kao Corporation · Revlon · Beiersdorf · The Clorox Company · Unilever N.V./PLC · Carma Labs · L'Oréal S.A. · EOS Products · AVON PRODUCTS · Himalaya Global Holdings Ltd.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Lip Balm market?
A. Lip balm sales are on the rise all around the world as people become more conscious of the importance of personal maintenance. This key factor is expected to boost the growth of the global Lip Balm market.
Q2. Which Segments are covered in the global Lip Balm market report?
A. Type, Application, Price, Distribution Channel, and Region. these segments are covered in the global Lip Balm market report
Q3. Which segment is projected to hold the largest share in the global Lip Balm market. ?
A. Flavored segment is projected to hold the largest share in the global Lip Balm market.
Q4. Which region holds the largest share in the global Lip Balm market?
A. The Asia Pacific held the largest share in the global Lip Balm market
Q5. Which are the prominent players in the global Lip Balm market?
A. Kao Corporation, Revlon, Beiersdorf, The Clorox Company, Unilever N.V./PLC, Carma Labs, L'Oréal S.A., EOS Products, AVON PRODUCTS, Himalaya Global Holdings Ltd. are some key players in the global Lip Balm market.
Lip Balm Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Lip Balm Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1. Flavored
5.2.2. CBD or Hemp Oil
5.2.3. SPF
5.2.4. Tinted
5.2.5. Plumping
5.2.6. Organic
5.2.7. Medicated
5.2.8. Others
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Individual
5.3.2. Commercial
5.4. Market Analysis, Insights and Forecast – By Price
5.4.1. Low
5.4.2. Medium
5.4.3. High
5.5. Market Analysis, Insights and Forecast – By Distribution Channel
5.5.1. Online
5.5.1.1. E Commerce Websites
5.5.1.2. Company Owned Websites
5.5.2. Offline
5.5.2.1. Supermarket/Hypermarket
5.5.2.2. Specialty Store
5.5.2.3. Others
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa
6. North America Lip Balm Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Type
6.2.1. Flavored
6.2.2. CBD or Hemp Oil
6.2.3. SPF
6.2.4. Tinted
6.2.5. Plumping
6.2.6. Organic
6.2.7. Medicated
6.2.8. Others
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Individual
6.3.2. Commercial
6.4. Market Analysis, Insights and Forecast – By Price
6.4.1. Low
6.4.2. Medium
6.4.3. High
6.5. Market Analysis, Insights and Forecast – By Distribution Channel
6.5.1. Online
6.5.1.1. E Commerce Websites
6.5.1.2. Company Owned Websites
6.5.2. Offline
6.5.2.1. Supermarket/Hypermarket
6.5.2.2. Specialty Store
6.5.2.3. Others
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1. U.S.
6.6.2. Canada
7. Europe Lip Balm Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Type
7.2.1. Flavored
7.2.2. CBD or Hemp Oil
7.2.3. SPF
7.2.4. Tinted
7.2.5. Plumping
7.2.6. Organic
7.2.7. Medicated
7.2.8. Others
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Individual
7.3.2. Commercial
7.4. Market Analysis, Insights and Forecast – By Price
7.4.1. Low
7.4.2. Medium
7.4.3. High
7.5. Market Analysis, Insights and Forecast – By Distribution Channel
7.5.1. Online
7.5.1.1. E Commerce Websites
7.5.1.2. Company Owned Websites
7.5.2. Offline
7.5.2.1. Supermarket/Hypermarket
7.5.2.2. Specialty Store
7.5.2.3. Others
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1. UK
7.6.2. Germany
7.6.3. France
7.6.4. Italy
7.6.5. Spain
7.6.6. Russia
7.6.7. Rest of Europe
8. Asia Pacific Lip Balm Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Type
8.2.1. Flavored
8.2.2. CBD or Hemp Oil
8.2.3. SPF
8.2.4. Tinted
8.2.5. Plumping
8.2.6. Organic
8.2.7. Medicated
8.2.8. Others
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Individual
8.3.2. Commercial
8.4. Market Analysis, Insights and Forecast – By Price
8.4.1. Low
8.4.2. Medium
8.4.3. High
8.5. Market Analysis, Insights and Forecast – By Distribution Channel
8.5.1. Online
8.5.1.1. E Commerce Websites
8.5.1.2. Company Owned Websites
8.5.2. Offline
8.5.2.1. Supermarket/Hypermarket
8.5.2.2. Specialty Store
8.5.2.3. Others
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. Australia
8.6.5. South East Asia
8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Lip Balm Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Type
9.2.1. Flavored
9.2.2. CBD or Hemp Oil
9.2.3. SPF
9.2.4. Tinted
9.2.5. Plumping
9.2.6. Organic
9.2.7. Medicated
9.2.8. Others
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Individual
9.3.2. Commercial
9.4. Market Analysis, Insights and Forecast – By Price
9.4.1. Low
9.4.2. Medium
9.4.3. High
9.5. Market Analysis, Insights and Forecast – By Distribution Channel
9.5.1. Online
9.5.1.1. E Commerce Websites
9.5.1.2. Company Owned Websites
9.5.2. Offline
9.5.2.1. Supermarket/Hypermarket
9.5.2.2. Specialty Store
9.5.2.3. Others
9.6. Market Analysis, Insights and Forecast – By Country
9.6.1. Brazil
9.6.2. Saudi Arabia
9.6.3. UAE
9.6.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Kao Corporation
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Revlon
10.6. Beiersdorf
10.7. The Clorox Company
10.8. Unilever N.V./PLC
10.9. Carma Labs
10.10. L'Oréal S.A.
10.11. EOS Products
10.12. AVON PRODUCTS
10.13. Himalaya Global Holdings Ltd.
List of Figures
Figure 1: Global Lip Balm Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Lip Balm Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Lip Balm Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Lip Balm Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Lip Balm Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Lip Balm Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Lip Balm Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Lip Balm Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027