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Global Lip Balm Market Growth 2025-2031

Published Aug 04, 2025
Length 172 Pages
SKU # LPI20268986

Description

The global Lip Balm market size is predicted to grow from US$ 970 million in 2025 to US$ 1385 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Lip balm is a substance put on the lips to give relief to dry or chapped. It may also be used to help soothe certain other situations, such as cold sores. The balm may be made with any number of ingredients, but usually includes something like petroleum jelly or beeswax, as well as scented oils, and sometimes medicinal herbs or medicinal compounds. It can also have things like vitamins and minerals included, in theory to help support the health of the lips, and many types include sunscreen to help prevent sun damage to the sensitive skin on the lips. Lip balm can be applied where a finger is used to apply it to the lips, or in a lipstick-style tube from which it can be applied directly.

The lip balm market is a dynamic segment within the broader personal care and cosmetics industry, driven by increasing consumer awareness of skincare and the desire for multifunctional beauty products. Lip balms, once used primarily for hydration and protection against harsh weather, have evolved to include a wide range of features such as SPF protection, tinted color, natural or organic ingredients, and even therapeutic benefits. This diversification has allowed brands to cater to a broader demographic, including both men and women, as well as younger consumers attracted by trend-driven packaging and flavors.

Innovation plays a key role in maintaining competitiveness in the lip balm market, with companies regularly launching new formulations and formats such as sticks, pots, tubes, and roll-ons. Additionally, the rise of e-commerce and social media influence has significantly impacted purchasing behaviors, allowing both established and indie brands to gain visibility and build loyal customer bases. Sustainability and ethical sourcing are also growing priorities, with many consumers favoring cruelty-free, vegan, and environmentally conscious products. As a result, the market remains highly competitive and ripe for continued growth and innovation.

LP Information, Inc. (LPI) ' newest research report, the “Lip Balm Industry Forecast” looks at past sales and reviews total world Lip Balm sales in 2024, providing a comprehensive analysis by region and market sector of projected Lip Balm sales for 2025 through 2031. With Lip Balm sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lip Balm industry.

This Insight Report provides a comprehensive analysis of the global Lip Balm landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lip Balm portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lip Balm market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lip Balm and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lip Balm.

This report presents a comprehensive overview, market shares, and growth opportunities of Lip Balm market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solid Cream Lip Balm
Liquid Gel Lip Balm

Segmentation by Application:
Lip Balm For Women
Lip Balm For Men

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mentholatum
Maybelline
Nivea
Kiehl
MAC
DHC
SHISEIDO
Lancome
Neutrogena
CHANEL
Yue sai
Max Factor
Elizabeth Arden
Clinique
MARY KAY
L'Oreal
NUXE
Revlon
Burt's Bees
Blistex
Vaseline
EOS
Carmex
Labello
ChapStick
Lip Smacker
AVON
Lypsyl
CARSLAN
Ainuo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lip Balm market?

What factors are driving Lip Balm market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lip Balm market opportunities vary by end market size?

How does Lip Balm break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

172 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Lip Balm by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Lip Balm by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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