Middle East Lip Balms Market (2020-2026) | Revenue, Industry, Size, Outlook, Growth, Share, Trends, Companies, COVID-19 IMPACT, Value, Analysis & Forecast

Middle East Lip Balms Market has witnessed a spur in the past few years on the back of an increase in the growth of the increased spending over personal care and cosmetic products. With about a 70 percent consumer base computing of the domestic consumers, the regional product market has registered a significant growth with high domestic demand for the product. An increase in the concerns regarding skin care has led to an increase in the growth of the product use and increased its demand, further, contributing towards a sound growth of the overall regional market. Additionally, being a hub to expatriates, the increased growth of the expatriate population has led to a significant increase in the growth of the product market and has led to a tremendous growth of the product market in the past few years. Also, the high end manufacturing of top brands in the Arab countries has provided a strong market growth base for many private players to register sound growth prospects in the product market. 

According to 6wresearch, Middle East Lip Balms Market size is expected to grow during 2020-2026. The outbreak of the global pandemic has led to a significant decline in the market value owing to the reduced demand for the product-related registered shortfall owing to the home-based culture followed up in the late 2019 and the year 2020. The imposition of the nationwide lockdown across the region to combat the spread of the novel coronavirus has led to a significant decline in the personal care and cosmetic products. The increase in the growth of the cases under the pandemic has led to an increased imposition of the nationwide lockdown in almost all the countries across the globe in order to combat the spread of the novel coronavirus has caused disruptions in the overall market sales of the personal care products as outside travels stop and the population is hardly relying on the purchase of the personal care products as a fashion statement. But, with the course of time, the market is anticipated to witness a spur owing to the revamped market value.

Being a tourist hub and with a large number of expatriate population especially in the emirates of Dubai and Abu Dhabi, UAE lip balms market is expected to be a winning market cluster in the overall regional market and is expected to witness a successful business growth in the coming time zone as well. Further, an increase in the growth of the domestic spending over cosmetic products has led to an increase in the growth of the sales of the product and is expected to be a growth promoter for the product market even further.

The key players of the product market are Balm Dotcom, Kim beauty, Hue Noir, Fenty Beauty, Sephora, Burt’s Bees, Carmex Classic and Hanahana beauty.

The Middle East Lip Balms Market report thoroughly covers the Market by types, application and key countries including Kuwait, Turkey, Qatar, Oman, Saudi Arabia, UAE, Bahrain and rest of Middle East. The market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, market drivers, and market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights

• Middle East Lip Balms Market Overview
• Middle East Lip Balms Market Outlook
• Middle East Lip Balms Market Forecast
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Middle East Lip Balms Market Revenues
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Type
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Application
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026, by Countries
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Kuwait Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Turkey Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Qatar Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Oman Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Bahrain Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of Saudi Arabia Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of UAE Lip Balms Market
• Historical Market Data for the period 2016-2019 and Market Size & Forecast until 2026 of rest of Middle East
• Market Drivers and Restraints
• Price Trends
• Middle East Lip Balms Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East Lip Balms Market Share, By Players
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Type:

• Solid Lip Balms
• Liquid Lip Balms

• By Applications:

• Lip Balm for Men
• Lip Balm for Women
• Lip Balm for Babies
• Other Dedicated Lip Balms

• By Countries:

• Kuwait
• Turkey
• Qatar
• Oman
• Saudi Arabia
• UAE
• Bahrain
• Rest of Middle East