Lip care products such as lip balm, lipstick, lip liner, and lip gloss is one of the widely used cosmetics in the world. These products offer health benefits and provides appealing look to the customers, which makes them the most preferred by to the consumers. The growing cosmetic and beauty industry have increased the production of innovative lip care packaging. For instance, in 2017, Estee Launder introduced the Estee Edit Cocobalm, a coconut infused lip balm in spherical jar that appeals sophistication.
Manufacture of appealing and unique customization of lip care packaging products have been major growth strategy of the industry players to gain consumer traction and further boost their sales. For instance, the double end lip balm, which has small amount of lip balm at the either ends of the tube, is one of the innovative lip care packaging product that is largely being accepted by the consumers.
Market Dynamics
Growing consciousness towards personal grooming has majorly contributed to the consumption of cosmetic lip care products, which is positively influencing the growth of the lip care industry. Moreover, organic and natural lip care products attracts the health-conscious customers. These factors together boosts the growth of global lip care products packaging market.
Asia Pacific region dominated the global lip care products packaging market in 2021, owing to the growing presence of local and international lip care product brands backed by highest population. The emerging economies such as China, Malaysia, Japan, India, and South Korea are some of the key markets in this region.
Key features of the study:
- This report provides in-depth analysis of the global lip care products packaging market, market size (US$ Mn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022 – 2030).
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, lip care products, regional outlook, and competitive strategy adopted by the leading players.
- It profiles leading players in the global lip care products packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
- The global lip care products packaging market report caters to various stakeholders in this industry, including investors, product developers, distributors, lip care products packaging companies, research institutes, new entrants, and financial analysts.
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global lip care products packaging market
Detailed Segmentation:
- Global Lip Care Products Packaging Market, By Packaging Type:
- Glass Packaging
- Plastic Packaging
- Metal Packaging
- Others
- Global Lip Care Products Packaging Market, By Application Type:
- Sun Protection
- Non-Medicated
- Medicated and Therapeutic
- Global Lip Care Products Packaging Market, By Material Type:
- Plastic
- Polyethylene (PE)
- Poly Ethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Others
- Glass
- Metal
- Others
- Global Lip Care Products Packaging Market, By Geography:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Northern Africa
- Central Africa
- South Africa
- Middle East
- Israel
- Rest of Middle East
- Company Profiles
- Pack Tech A/S*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- HCP Packaging CO. Ltd
- Arminak & Associates LLC
- Eastar Cosmetics Packaging
- IMS Ningbo Limited
- The Packaging Company