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The Germany lip care products market size reached US$ 206.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 245.3 Million by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the Germany lip care products market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on category, product type and distribution channel.
Breakup by Category:
Breakup by Product Type:
Breakup by Distribution Channel:
Breakup by Region:
The report has also examined the competitive landscape of the Germany lip care product market.
|Base Year of the Analysis||2022|
|Segment Coverage||Category, Product Type, Distribution Channel, Region|
|Region Covered||North Rhine-Westphalia, Bavaria, Baden-Württemberg, Hesse, Lower Saxony, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The Germany lip care products market was valued at 206.1 Million in 2022.
We expect the Germany lip care products market to exhibit a CAGR of 2.9% during 2023-2028.
The rising focus on youthful appearance, along with the introduction of organic and sun protection lip care products in various flavored balms, such as vanilla, mango, strawberry, etc., is primarily driving the Germany lip care products market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of lip care products across the nation.
Based on the category, the Germany lip care products market can be categorized into non-medicated, medicated and therapeutic, and sun protection. Currently, non-medicated accounts for the majority of the total market share.
Based on the product type, the Germany lip care products market has been segregated into lip balm, lip butter, lip scrubs, lip oil, and others. Among these, lip balm currently holds the largest market share.
Based on the distribution channel, the Germany lip care products market can be bifurcated into hypermarkets and supermarkets, specialty stores, pharmacies and drug stores, and others. Currently, hypermarkets and supermarkets exhibit a clear dominance in the market.
On a regional level, the market has been classified into North Rhine-Westphalia, Bavaria, Baden-Württemberg, Hesse, Lower Saxony, and others, where North Rhine-Westphalia currently dominates the Germany lip care products market.
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