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The North America lip care products market reached a value of US$ 443.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 497.4 Million by 2027, exhibiting a CAGR of 1.75% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Lip care products form an essential part of the everyday skin-care regime. These products not only help in preserving and maintaining the moisture levels of lips but also in protecting them against external influences such as cold, wind and UV radiation. Lip care products generally include lip balms, lip gloss, lip conditioners and lip butter. They are mainly composed of beeswax or carnauba wax, camphor, cetyl alcohol, lanolin, paraffin, and petrolatum, among other ingredients. Besides this, some variants also contain dyes, flavours, fragrances, phenol, salicylic acid and sunscreens.
Lip care products provide the consumer with an occlusive layer on the lips which protects them from external exposures such as cold temperature and dry air. Lips are vulnerable as the skin on the lips is thin, and therefore they are often the first to present signs of dryness. Substances like waxes and petroleum jelly avert moisture loss, while the addition of flavor, colorants, sunscreens, and various medicaments provide additional therapeutic and cosmetic benefits. A major factor driving the market is the confluence of growing emphasis on personal appearances and the wide availability of product varieties. Apart from this, a mounting preference for organic lip care products has prompted the manufacturers to invest substantially in the R&D programs and come up with natural and longer-lasting formulas. Some of the other growth-inducing factors include a rising demand of sun protection lip care products, increasing population, urbanization, changing lifestyles, inclination of men towards lip care products, etc.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America lip care products market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on category, product type and distribution channel.
Breakup by Category:
Among these, the non-medicated category accounts for the largest share.
Breakup by Product Type:
Lip balms currently dominate the market, holding the largest share.
Breakup by Distribution Channel:
Supermarkets and hypermarkets represent the biggest segment, accounting for the largest market share.
Breakup by Country:
United States currently dominates the market.
The report has also examined the competitive landscape of the North America lip care products market. Some of the major players include:
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Category, Distribution Channel, Country|
|Countries Covered||United States, Canada|
|Companies Covered||Chapstick (Pfizer), Burt’s Bees Products Company (The Clorox Company), Carmex (Carma Laboratories, Inc.), Blistex Inc, and eos Products, LLC|
|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)|
Key Questions Answered in This Report:
Massage Equipment Market by Type (Electric, Non-Electric), Product (Chairs and Sofas, Back Massagers, Handheld, Neck and Shoulder, and Others), Distribution Channel (Hypermarket and Supermarket, Specialty Store, Online Sales Channel, and Others), End User (Residential, Commercial), and Region 2023-2028
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