Europe lip balm market is projected to boom in the upcoming five years while exhibiting an impressive CAGR. In the last five years from 2017 to 2021 the market has experienced quite a growth that was counted in millions of sales, it is anticipated to project its growth in the forecast period, 2023-2027 on the account of surge in the demand of the lip balms that are in trend and newly launched.
Digital media and aggressive advertisements toward the new launches by the major brands and market giants is driving the growth of the Europe lip balm market in the forecast years.
Earlier only females were potential consumers of lip balm and other lip care products. In the recent trends, male consumers being influenced of the sports personnel, and celebrities, are inclined toward the consumption of lip care products like lip balm.
Lip balms are a protective and moisturizing layer applier over the lips for the protection of lips from drying and chapping. These balms are famously found at in the form of chap-sticks. As the skin on the lips is thin, therefore they are often the first to present the signs of dryness. These products relieve and moisturize dry lips, angular cheilitis, stomatitis or cold sores. Lip care products are composed of gel or wax like substance and contain bee-wax or carnauba wax, camphor, acetyl alcohol, lanolin, paraffin and petroleum, among other ingredients.
The Europe lip balm market segmentation is based on type, packaging, color, flavor, gender, price range, distribution channel, competitional landscape, and country distributions. Based on type, the market is further bifurcated into solid cream and liquid gel. Solid cream lip balms are a form of lip care product that are in a form of cream (semi-solid). For a very long time, lip balms were only made of wax and alcohol, but the surge in organic product demands, the manufacturers have started using organic and plant-based ingredients along with the bee-wax to manufacture the fine quality solid-cream lip balms.
Some of the products are also found at in the liquid gel formation. These lip balms come with an applier as the formation is quite flowy. These lip balms often come with various flavored or tinted additives and sometimes glittery additives that attracts larger consumer bases.
Holding largest shares of market revenue, market players like CHANEL, Yuesai, Max Factor, Elizabeth Arden, Clinique, MARY KAY, Mentholatum, Maybelline, Nivea, Kiehl, MAC, DHC, SHISEIDO, Lancome, Neutrogena, L’Oreal, NUXE, Revlon, Burt’s Bees, Blistex, Vaseline, EOS, Carmex, Labello, ChapStick, Lip Smacker, AVON, Lypsyl, CARSLAN, Ainuo, among others are actively involved with the research and development process of the lip balms in the region.
Countries like Germany, France, Spain, have dedicated research labs for the advanced products development and consistent product modifications. Recent trend of healthy, organic, and herbal personal care product demands has enticed the market players to explore the area and come up with advanced products that would satisfy the emerging consumer demands.
Objective of the Study
- To analyze and forecast the market size of Europe lip balm market from 2017 to 2020.
- To estimate and forecast the market size of Europe lip balm market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Europe lip balm market based on type, packaging, color, flavor, gender, price range, distribution channel, competitional landscape, and country distributions.
- To identify dominant region or segment in the Europe lip balm market.
- To identify drivers and challenges for Europe lip balm market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe lip balm market.
- To identify and analyze the profile of leading players operating in Europe lip balm market.
- To identify key sustainable strategies adopted by market players in Europe lip balm market.
Click here to download the sample
marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the manufactures which could not be identified due to the limitations of secondary research. marketinsights Research analyzed the manufactures, distribution channels and presence of all major players across the country.
marketinsights Research calculated the market size of
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers and other stakeholders
- Organizations, forums, and alliances related to lip balms and lip care products.
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | TypePackagingColorFlavorGenderPrice RangeDistribution Channel |
| Country scope | Germany, United Kingdom, France, Italy, Spain, Ukraine, Poland, Romania |
| Key companies profiled | CHANEL, Yuesai, Max Factor, Elizabeth Arden, Clinique, MARY KAY, Mentholatum, Maybelline, Nivea, Kiehl, MAC, DHC, SHISEIDO, Lancome, Neutrogena, L’Oreal, NUXE, Revlon, Burt’s Bees, Blistex, Vaseline, EOS, Carmex, Labello, ChapStick, Lip Smacker, AVON, Lypsyl, CARSLAN, Ainuo. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report,
- Europe Lip Balm Market, By Type
- Europe Lip Balm Market, By Packaging
o
o
o
o
- Europe Lip Balm Market, By Color
o
o
- Europe Lip Balm Market, By Flavor
o
o
- Europe Lip Balm Market, By Gender
- Europe Lip Balm Market, By Price Range
- Europe Lip Balm Market, By Distribution Channel
- Supermarket/ Hypermarkets
- Beauty and Cosmetics Store
- Pharmacies and Drug Stores
- Online
- Others
- Departmental Stores
- Independent Retail Store
- Europe Lip Balm Market, By Country
- Germany
- United Kingdom
- France
- Italy
- Spain
- Ukraine
- Poland
- Romania
