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Lip Care Products Market Size Worth $1.18 Billion By 2025

The global human resource management market size is projected to touch USD 38.17 billion by the end of 2027, as per the report released by Million Insights. It is estimated to grow with a CAGR of 11.7% over the estimated duration.

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Lip Care Products Market Size Worth $1.18 Billion By 2025

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  1. Lip Care Products Market Size Worth $1.18 Billion By 2025 “The global lip care products market is anticipated to reach USD 1.18 billion by the end 2025. The market is anticipated to grow at a CAGR of 7.2% during the forecast period, 2019 to 2025. Increasing beauty consciousness among women and men both coupled with rising awareness about personal care and grooming products are the factors expected to drive the market growth from 2019 to 2025.” The global lip care products market is anticipated to reach USD 1.18 billion by the end 2025. The market is anticipated to grow at a CAGR of 7.2% during the forecast period, 2019 to 2025. Increasing beauty consciousness among women and men both coupled with rising awareness about personal care and grooming products are the factors expected to drive the market growth from 2019 to 2025. Moreover, financial independence of women owing to increased participation in workforce is further proliferating the product demand. Furthermore, rising demand for personal grooming products among men to enhance their appearance is also driving the lip care product market. These products are manufactured by blending natural ingredients and anti-oxidants to prevent the lips from getting dry and dark. Moreover, long-term exposure to sun can darken the skin of lips. This can be prevented by using lip care products having SPF content and elements such as titanium dioxide or zinc oxide. Nowadays, there is high demand for lip care products having natural and organic ingredients that help in nourishing the skin of lips making it soft and moisturized. This has enforced the manufacturers to develop new and natural products delivering extra benefits to the skin. The sun protection segment is expected to grow at the fastest CAGR of 12.8% over the forecast period owing to rising awareness regarding protection of lips against the sun damage. Asia pacific was the largest market for lip care products in 2018 owing to rising air pollution, fluctuating climatic conditions, rising disposable income levels and growing corporate sector. North America is projected to grow at the fastest CAGR owing to growing popularity of lip care products among women as well as men in this region. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-lip-care-products-market/request-sample

  2. Further key findings from the report suggest: • Asia Pacific is anticipated to grow at the fastest CAGR of 7.6% over the forecast period owing to increased spending of consumers on personal care and grooming products in countries such as India, China, South Korea, and Japan • In 2018, the non-medicated product segment held the largest market share of over 65% due to rising popularity of personal care and beauty products among the consumers. • The segment of online distribution channel is projected grow at the fastest CAGR of 7.6% over the forecast period due to ease of accessibility and convenience. • Key players in this industry include Revlon, Inc.; L'Oréal S.A.; Kao Corporation; Pfizer Inc.; The Himalaya Drug Company; Beiersdorf AG; The Procter & Gamble Company; The Clorox Company; and Avon Products, Inc. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-lip-care-products-market Million Insights has segmented the global lip care products market based on product, gender, distribution channel, and region: Lip Care Products Product Outlook (Revenue, USD Million, 2015 - 2025) • Non-medicated • Therapeutic & Medicated • Sun Protection Lip Care Products Gender Outlook (Revenue, USD Million, 2015 - 2025) • Female • Male Lip Care Products Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  3. • Offline • Online Lip Care Products Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America • U.S. • Europe • U.K. • Germany • France • Asia Pacific • China • South Korea • India • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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