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Lip balm is a substance put on the lips to give relief to dry or chapped. It may also be used to help soothe certain other situations, such as cold sores. The balm may be made with any number of ingredients, but usually includes something like petroleum jelly or beeswax, as well as scented oils, and sometimes medicinal herbs or medicinal compounds. It can also have things like vitamins and minerals included, in theory to help support the health of the lips, and many types include sunscreen to help prevent sun damage to the sensitive skin on the lips. Lip balm can be applied where a finger is used to apply it to the lips, or in a lipstick-style tube from which it can be applied directly.
Currently, there are different types and kinds of lip balm available in the market. And the classification of lip balm is different according to different point of view. So in this report, we counts product properties includes solid and oily, and the color of the lip balm includes colorless and colored, but it does not include the lipstick which has an effect of moisture. In this report we counts the each Pcs lip balm is about 0.12oz.
Scope of the Report:
The lip balm industry has been in steady growth in the last several years, especially in emerging economies like China. More people have learned to use lip balm as the income increases and consumer culture changing. Lip care product demand market shows strong brand awareness, hence large companies has a certain advantage regarding production and marketing. A global presence is common.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic Industrial lip balm, Chinese domestic lip balm production has being mature and advanced, and the performance distance has been shortened compared with global brands.
The worldwide market for Lip Balm is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 1010 million US$ in 2024, from 660 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Lip Balm in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Maybelline
- L'Oreal
- Burt's Bees
- Carmex
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Solid Cream Lip Balm
- Liquid Gel Lip Balm
Market Segment by Applications, can be divided into
- Lip balm for women
- Lip balm for men
- Lip balm for baby
- Other dedicated lip balm
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lip Balm product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Lip Balm, with price, sales, revenue and global market share of Lip Balm in 2017 and 2018.
Chapter 3, the Lip Balm competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lip Balm breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Lip Balm market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Lip Balm sales channel, distributors, customers, research findings and conclusion, appendix and data source.