November 22nd, 2022
Global Lip Scrub Market was valued at USD 1.01 billion in 2021 and is expected to reach USD 1.63 billion by the year 2028, at a CAGR of 7.1%
The rise in lip problems such as darkening, wrinkles, cracking, and chapping caused by sun damage, vitamin and mineral deficiencies, allergies, and dehydration is anticipated to further drive demand for lip products. for the lips Exfoliating lip products are expected to continue to drive demand. In addition, with the increasing level of air pollution, harmful exhaust gas emissions from automobiles contain carbon monoxide, formaldehyde, benzene, sulfur dioxide, nitrogen oxides, soot, and fluctuating weather conditions that adversely affect the skin. These factors play a vital role in expanding the scope of lip scrub products, which in turn will fuel the growth of the market.
This report has been divide by Type, Application, and Geography and also includes market size and forecast for all these segments. Compound annual growth rates for all divides were also provided for 2022 to 2028. The study highlights current trends in the Lip Scrub market and also provides future trends that will impact demand. Year-over-year growth rates are also provided for each segment covered in the global Lip Scrub market report. The report also analyzes the market from a production perspective and includes raw material cost analysis, technology cost analysis, labour cost analysis, and cost overview for the Lip Scrub market.
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Another factor that is driving the growth in this market is growing awareness about personal hygiene and beauty care among people. With more than half of the world’s population living in urban areas, there has been an increase in awareness about personal care routines such as skin and hair care, The growth of the market is attributed to the growing demand for natural and organic products in the cosmetics industry. Lip scrubs are natural and organic products, which are gaining popularity among consumers because they are more suitable for sensitive skin.
Leading Key Players Covered Lip Scrub Market:
· L'Oréal Paris (France)
· NIVEA (Germany)
· Frank Body (Australia)
· Lush Cosmetics (UK)
· E.L.F. BEAUTY (US)
· ETUDE CORPORATION (South Korea)
· KIKO MILANO (Italy)
· Tarte Inc. (US)
· Givenchy (France)
· GlaxoSmithKline plc. (UK)
· GLOBAL COSMETICS (Hong Kong)
· Nature's Cosmetics (Canada)
· pureoilsindia (India)
· My Skincare Manufacturer (Australia) and other major players.
The report is a compilation of first-hand information, qualitative and quantitative assessments from industry analysts, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of major market trends, macroeconomic indicators, and driving factors along with market attractiveness based on segments. The report also maps the conditional impact of various market factors covering market segments and geographies.
Segmentation of Lip Scrub Market:
· Organic & Natural
· With Fragrance
· Without Fragrance
By Distribution Channel
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This report covers the data of the major players, including shipments, revenue, gross profit, interview record, business distribution, etc. These data help the consumer to know the competitors better. It also includes competitive scenarios in the market and offers information on the manufacturer's share from 2016 to 2020, both in terms of shipment and revenue, for all the extensive players associated with the global Lip Scrub Market. Other key parameters include the location of the plant, the technology source, the processing industry, and contact information, among others.
Geographic Segment Covered in the Report
· North America (U.S., Mexico Canada)
· Europe (France, Germany, U.K., Italy, Spain, Russia, Rest of Europe)
· Asia-Pacific (India, China, Japan, Singapore, New Zealand, Australia, Rest of APAC)
· Middle East & Africa (Saudi Arabia, Turkey, Iran, Africa, UAE, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
Key Benefits for Stakeholders:
· Market analysis provides a broad qualitative perspective of regions demonstrating favorable growth and insight into niche segments.
· Market analysis offers market share, supply and demand ratio, supply chain analysis, and import/export details.
· The report provides an extensive analysis of current and emerging global market trends and opportunities.
· A comprehensive analysis gathers vital information on the effects that will drive or inhibit the market growth.
· An extensive analysis of the industry is carried out by monitoring the main competitors following the key positioning of the product in the market framework.
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