The skin on our lips is much thinner than that of the facial skin. Lips are exposed to several stresses in our day to day lives. The sun, dry heating air and cold temperatures easily rob the moisture of our lips. Hence as a result our lips become chapped, rough and lose their natural beauty. There are a variety of lip care products that can neutralize this. The lip care products provide moisture and protect the lips from the wind and weather. The right lip care product will help to regenerate dry and badly damaged lips. The global lip care product market is expected to make large profits in the cosmetics industry but also in other sectors such as pharmaceuticals. Constant research and development are one of the topmost reasons for the increased growth of flavoured lip care products. Lip care products can now be offered at eye-catching prices as the online stores have partnered with the giant brands.This growth is primarily driven by Growing Focus of Increasing Population on Physical Appearance and Changing lifestyles and Standards Fueled by Rising Disposable Income.
Globally, a noticeable market trend is evident Increasing Demand for Lip Care Products with Natural & Organic Ingredients
. Major Vendors, such as Maybelline LLC (United States), Nivea (Germany), Kiehl (United States), MAC (United States), SHISEIDO (Japan), Lancome (France), Neutrogena (United States), CHANEL (France), Yue Sai Kan (China), Max Factor (Poland), Elizabeth Arden (United States), Clinique (United States), L’Oréal (France), Revlon (United States) and Vaseline (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Growing Focus of Increasing Population on Physical Appearance
- Changing lifestyles and Standards Fueled by Rising Disposable Income
- Increasing Demand for Lip Care Products with Natural & Organic Ingredients
- Focus on Development of New Lip Care Products
- Adverse Effect on Lips with its Repeated Use of Lip Care Products
- Increasing Availability of Artificial Products
Rising Focus on Price Reduction through New Product Inventions and Growing Emphasis on Biodegradable Cosmetic Products
Growing Dominance of the Local Players
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