Global Lip Balm Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Lip Balm market size was valued at US$ 920 million in 2023 and is forecast to a readjusted size of USD 1356 million by 2030 with a CAGR of 5.8% during review period.
The major players in global Lip Balm market include Mentholatum, Maybelline, etc. The top 2 players occupy about 20% shares of the global market. North America and Europe are main markets, they occupy about 50% of the global market. Solid Cream Lip Balm is the main type, with a share over 50%. Lip Balm For Women is the main application, which holds a share about 80%.
This report is a detailed and comprehensive analysis for global Lip Balm market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Lip Balm market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Lip Balm market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Lip Balm market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Lip Balm market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lip Balm
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lip Balm market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mentholatum, Maybelline, Nivea, Kiehl, MAC, DHC, SHISEIDO, Lancome, Neutrogena, CHANEL, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lip Balm market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Solid Cream Lip Balm
Liquid Gel Lip Balm
Market segment by Application
Lip Balm For Women
Lip Balm For Men
Lip Balm For Baby
Other Dedicated Lip Balm
Major players covered
Mentholatum
Maybelline
Nivea
Kiehl
MAC
DHC
SHISEIDO
Lancome
Neutrogena
CHANEL
Yue sai
Max Factor
Elizabeth Arden
Clinique
MARY KAY
L'Oreal
NUXE
Revlon
Burt's Bees
Blistex
Vaseline
EOS
Carmex
Labello
ChapStick
Lip Smacker
AVON
Lypsyl
CARSLAN
Ainuo
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lip Balm product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lip Balm, with price, sales quantity, revenue, and global market share of Lip Balm from 2019 to 2024.
Chapter 3, the Lip Balm competitive situation, sales quantity, 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 quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lip Balm market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lip Balm.
Chapter 14 and 15, to describe Lip Balm sales channel, distributors, customers, research findings and conclusion.