North America Lip Care Products Market to Reach US$ 768 Million by 2025

Retail Industry

According to the latest report by IMARC Group, titled “North America Lip Care Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the North America Lip Care market reached a value of US$ 614 Million in 2019. Lip care products nourish the lips by moisturizing them and protecting them from external elements such as dry and cold environments and ultraviolet (UV) radiation. Their regular application also helps in keeping the lips soft and supple while rendering a definitive color. Some of the most common ingredients used in these products include shea butter, almond oil, petroleum jelly, beeswax, camphor, lanolin, paraffin, petrolatum, aloe vera, colorants, fragrance and sunscreen. There is a wide variety of lip care products available in the market, including balms, gloss, masks and butter.

Some of the major players operating in the industry include: Unilever NV (UN), L’OREAL (LRLCY), Revlon, Inc. New (REV), KAO CORP (KAOCF), BAYER AG (BAYRY), ChapStick (Pfizer, Inc.), Burt’s Bees Products Company (The Clorox Company), Carmex (Carma Laboratories, Inc.), Blistex, Inc, and eos Products, LLC.

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North America Lip Care Products Market:

The rising trends of personal care and grooming in North America have primarily contributed to the market growth. Moreover, the growing influence of international skincare regimes, such as Korean, Japanese, Australian and Scandinavian beauty trends, have increased consumer focus on their appearance. In addition to this, manufacturers are constantly engaging in the development of variants with long-lasting formulas. They are also introducing organic and natural lip balms as well as various specialty products in the market. For instance, Bee Free® Vegan Lip Balm by Eco Lips is made without animal-based ingredients, such as beeswax, carmine and lanoline. This cruelty-free product is rapidly gaining traction among vegan consumers as well as individuals allergic to these ingredients. Looking forward, IMARC Group expects the North America lip care products market to reach US$ 768 Million by 2025, expanding at a CAGR of 3.8% during 2020-2025.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/north-america-lip-care-product-market

Key Insights from the Report:

Breakup by Category

Non-Medicated Lip Care Products
Medicated and Therapeutic Lip Care Products
Sun Protection Lip Care Products

On the basis of the category, the market has been divided into non-medicated, medicated and therapeutic, and sun protection. Among these, the non-medicated category accounts for the largest market share.

Breakup by Product Type

Lip Balm
Lip Butter
Lip Scrubs
Lip Oil
Others

Based on the product type, lip balms exhibit a clear dominance in the market. Other major segments include lip butter, lip scrubs, lip oil and others.

Breakup by Distribution Channel

Supermarkets and Hypermarkets
Specialty Retailers
Pharmacies and Drug Stores
Online Stores
Others

On the basis of the distribution channel, the market has been categorized into supermarkets and hypermarkets, specialty stores, pharmacies and drug stores and others. At present, supermarkets and hypermarkets represent the largest segment.

Breakup by Country

Europe
North America
Asia Pacific
Latin America
Middle East and Africa

On the basis of the country, the United States holds the leading position in the market, followed by Canada.

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