The Germany lip care products market is currently exhibiting stable growth. Lip care products form a key part of the everyday skin-care regime. They not only assist in maintaining the moisture content of lips but also help in protecting the lips against cold, wind and UV radiation. Lip care products largely consist of lip balms, lip gloss, lip conditioners and lip butter. Factors such as increasing emphasis on youthful appearance and beauty represents a key factor driving the market. Additionaly, increasing demand of value added and natural products are also creating a positive impact on the growth of the market. Looking forward, IMARC Group expects the Germany lip care products market to grow at a CAGR of around 2% during 2019-2024.
The report has also examined the competitive landscape of the Germany lip care product market.
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