Lip Scrub Market To Reach USD 1.63 Billion By Year 2028 | Key Factors, SWOT Analysis and Future Opportunities

Market Overview:

The global lip scrub Market was valued at USD 1.01 billion in 2021 and is expected to reach USD 1.63 billion by the year 2028, at a CAGR of 7.1%.

Lip scrub is a natural exfoliant that helps the lips by removing the dead skin cells outer surface of the lips and restoring the smoothness and softness of your lips. The lip scrub not only exfoliates lip but they improve the appearance of the lips. Lips scrubs are beneficial after windburn, illness, or excess sun. These are easy to apply and available in different colors, flavors like lavender, bubble gum, strawberry, chocolate butter, coffee, lemonade, and grapefruit, and also contain various ingredients. The growing awareness about the lip care products and their benefits are support to the growth of the market.

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Market Dynamics:

Driver:
The growing various kinds of lip problems such as wrinkles, darkening, chapping, and splitting and this problem caused by environmental changes, deficiency of minerals, and vitamins, dehydration, and allergies. In recent years, increasing air pollution levels, the generation of harmful gases from automobile exhaust which consists of formaldehyde, carbon monoxide, sulfur dioxide, benzene, soot, nitrogen oxides, soot, and fluctuating climatic conditions, that damage the skin of the lips. People especially women are becoming more aware of skin problems and their products for treatments. This factor propels the growth of the lip scrub market.

Opportunities:
During recent years, with the continuously increasing working population of women in the corporate sectors, the demand for cosmetic products has risen which offers a huge opportunity for the lip scrub market. Due to rising internet penetration, the use of social media platforms is increased, therefore social media helps to aware people of the new product for lip care. Celebrities and fashion icons have a large fan following that can help major players to reach a wide range of consumer bases which can generate lucrative opportunities for the lip scrub market during the forthcoming years.

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Market Segmentation
Depending on the nature of the product, the organic & natural segment is anticipated to have the highest share of the lip scrub market during the forecast period.

Depending on the fragrance, the fragrance segment is expected to dominate the lip scrub market in the projected period. Manufacturers add essential oils in lip scrubs that have distinctive aromas and contain therapeutic aspects.

Depending on the application, the residential segment is expected to have the highest share of the lip scrub market. The ease in the usage of lip scrub is the main factor stimulating the expansion of this segment.

Depending on end-users, the women segment is projected to lead the lip scrub market in the analysis period. Women are more concerned about their facial appearance; they want to look more attractive as well elevate lip health through natural ways.

Depending on the distribution channel, the online segment is anticipated to have the highest share of the lip scrub market attributed to the growing e-commerce penetration.

By Type
• Organic & Natural
• Chemical-Based

By Fragrance
• With Fragrance
• Without Fragrance

By Distribution Channel
• Online
• Offline

By End-Users
• Men
• Women

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Regional Analysis of Lip Scrub Market:
The North American region is forecasted to dominate the lip scrub market during the forecast period. The growth in this region is attributed to the rise in the per capita income and the ready adoption of emerging trends by individuals in this region. The United States and Canada are the two major countries driving the growth of the lip scrub market in this region. According to a survey conducted by Byrdie, an average American woman spends around US$ 313 per month and approximately US$ 3,756 per year. Moreover, an American woman applies a minimum of 16 products every day, from eye creams to serums to mascara before leaving the house thus, stimulating the expansion of the lip scrub market in this region.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Lip Scrub market are:
• L'Oréal Paris (France)
• NIVEA (Germany)
• Frank Body (Australia)
• Lush Cosmetics (UK)
• E.L.F. BEAUTY (US)
• ETUDE CORPORATION (South Korea)
• KIKO MILANO (Italy)
• Tarte Inc. (US)
• Givenchy (France)
• GlaxoSmithKline plc. (UK)

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Table OF Content : -

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Fragrance
 3.3 By Distribution Channel
 3.4 By End-Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Lip Scrub Market by Type
 5.1 Lip Scrub Market Overview Snapshot and Growth Engine
 5.2 Lip Scrub Market Overview
 5.3 Organic & Natural
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Organic & Natural: Grographic Segmentation
 5.4 Chemical-Based
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Chemical-Based: Grographic Segmentation

Chapter 6: Lip Scrub Market by Fragrance
To Be Continue…

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