Global Lip Scrub Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027.Lip Scrub refers to a gel like solution which is applied on lips to protect them from pollution, cold and pigmentation. Lip scrub also helps in protecting lip skin from damage. Growing personal care industry and increasing internet penetration in rural areas in emerging economies are key drivers for the growth of Lip Scrub market. According to Cosmetics Europe (European trade association for the cosmetics and personal care industry) - the cosmetics and personal care market in Europe is the largest market in the world and based on retail sales it is valued at USD 86.47 billion in the year 2020. Within Europe the largest markets for cosmetics and personal care products are Germany (USD 15.7 billion), France (USD 12.9 billion), the UK (USD 11 billion), Italy (USD 10.9 billion), Spain (USD 7.2 billion) and Poland (USD 4.2 billion). And, as per India Brand Equity Forum - the market size of India's beauty, cosmetic and grooming market will reach to USD 20 billion by 2025 which was USD 6.5 billion in 2016. Also, with shifting consumer preference and increasing penetration, the adoption & demand for Lip Scrub is likely to increase the market growth during the forecast period. However, supply chain disruption due to covid 19 pandemic impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Lip Scrub market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to increasing demand for organic products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing disposable income, and rising awareness about personal care in the region would create lucrative growth prospects for the Lip Scrub market across Asia-Pacific region.
Major market player included in this report are:
Frank Body
Clinique
Tarte Cosmetics
Handmade Heroes Pte. Ltd.
e.lf.
Wet n Wild
KIKO MILANO
Givenchy
Etude House
Lush Cosmetics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Matte
Gelatinous
By Price Range:
Below US$ 5
US$ 5- US$ 10
US$ 10 - US$ 15
US$ 15- US$ 20
US$ 20 and Above
By Distribution Channel:
Modern Trade
Convenience Store
Departmental Store
Drug Store
Online Stores
Other Sales Channel
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Lip Scrub Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors