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Global Lip Care Products Market to grow at a CAGR of 4.63% during the period 2016-2020.

Press Release   •   May 17, 2016 08:30 EDT

Description

About Lip Care Products Market

The global lip care market is seeing increased demand for organic and natural lip care products, alongside growing interest in lip care products for men, and rising awareness about the need to protect lips from overexposure to the sun. Europe is the leading market, and is followed by the Americas.

APAC is expected to grow at a relatively fast pace during the forecast period with countries such as China and India taking lead. Factors such as rapid growth in the population, increased affordability, and the availability of a wide range of lip care products, of both international and local brands, present substantial growth opportunities for players in the developing countries.

Technavios analysts forecast the Global Lip Care Products Market to grow at a CAGR of 4.63% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global lip care market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of the following lip care products:

Non-medicated lip care products

Medicated and therapeutic lip care products

Sun protection lip care products

The market is divided into the following segments based on geography:

Americas

APAC

Europe

MEA

Technavio's report, Global Lip Care Products Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Avon Products

Beiersdorf

LOral

Revlon

Unilever

Other prominent vendors

Bayer

Blistex

Burts Bees

Carma Laboratories

Chanel

Chattem

CLOROX

EOS

KAO

Markwins Beauty Products

Stargazer

Yves Rocher

Market driver

Launch of innovative products to gain consumer interest

For a full, detailed list, view our report

Market challenge

Threat from counterfeit products

For a full, detailed list, view our report

Market trend

Demand for natural and organic lip care products

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?