Market Forecast by Types (liquid lip balms and solid lip balms), By Applications (lip balms for men, lip balms for women, lip balms for children and other dedicated lip balms), By Countries (Nigeria, Kenya, South Africa and rest of Africa) And Competitive Landscape
Product Code: ETC054317 | Publication Date: Mar 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Lip Balms Market has gone onto a successful growth journey in the past few years on the back of an increase in the growth of skin related consciousness and rising consumer disposable income towards personal care products. A rise in the aggressive advertisements and the increase in skin-related concerns amongst the South Americans underpinned by the rising growth of working population has led to a massive increase in the use of the lip balms and resulted in widespread use of the same. Further, an increase in the active features of personal care products which tend to remove aging spots and promote clear and confident-looking skin has been another growth proliferating factor for the Africa lip balm market.
According to 6wresearch, Africa 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.
Based on types, organically produced lip balms are taking over the major market revenue index portion owing to the increased dependency and belief over organic produce which have proven themselves to be evident enough to be skin safe. Further, a rise in the diversified use of the product has led to a massive increase in its demand and is expected to be a growth
proliferator for the product market. Further, the variation in the sales platform and establishment of a vast eCommerce channel for personal care and cosmetics products and is expected to spur the growth of the market in the upcoming six years.
The key players of the product market are Balm Dotcom, Kim beauty, Hue Noir, Fenty Beauty, Sephora, Burtβs Bees, Carmex Classic and Hanahana beauty.
The Africa Lip Balms Market report thoroughly covers the Market by types, application and key countries including South Africa, Kenya, Nigeria and rest of Africa. 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
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Asumptions |
3. Africa Lip Balms Market Overview |
3.1 Africa Lip Balms Market Revenues, 2016-2026F |
3.2 Africa Lip Balms Market Revenue Share, By Types, 2019 & 2026F |
3.3 Africa Lip Balms Market Revenue Share, By Application, 2019 & 2026F |
3.4 Africa Lip Balms Market - Industry Life Cycle |
3.5 Africa Lip Balms Market - Porterβs Five Forces |
4. Africa Lip Balms Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Africa Lip Balms Market Trends |
6. Africa Lip Balms Market Overview, by Types |
6.1 Africa Lip Balms Market Revenues, by Solid Lip Balms, 2016-2026F |
6.2 Africa Lip Balms Market Revenues, By Liquid Lip Balms, 2016-2026F |
7. Africa Lip Balms Market Overview, by Application |
7.1 Africa Lip Balms Market Revenues, By Lip Balm for Men, 2016-2026F |
7.2 Africa Lip Balms Market Revenues, By Lip Balm for Women, 2016-2026F |
7.3 Africa Lip Balms Market Revenues, By Lip Balm for Children, 2016-2026F |
7.4 Africa Lip Balms Market Revenues, By Lip Balm, By Other Dedicated Lip Balm, 2016-2026F |
8. Nigeria Lip Balms Market Overview |
8.1 Nigeria Lip Balms Market Revenues, 2016-2026F |
8.2 Nigeria Lip Balms Market Revenues, By Types, 2016-2026F |
8.3 Nigeria Lip Balms Market Revenues, By Application, 2016-2026F |
9. South Africa Lip Balms Market Overview |
9.1 South Africa Lip Balms Market Revenues, 2016-2026F |
9.2 South Africa Lip Balms Market Revenue Share, By Types, 2019 & 2026F |
9.3 South Africa Lip Balms Market Revenue Share, By Application, 2019 & 2026F |
10. Kenya Lip Balms Market Overview |
10.1 Kenya Lip Balms Market Revenues, 2016-2026F |
10.2 Kenya Lip Balms Market Revenues, By Types, 2016-2026F |
10.3 Kenya Lip Balms Market Revenues, By Application, 2016-2026F |
11. Rest of Africa Lip Balms Market Overview |
11.1 Rest of Africa Lip Balms Market Revenues, 2016-2026F |
12. Africa Lip Balms Market Key Performance Indicators |
13. Africa Lip Balms Market Competitive Landscape |
13.1 Africa Lip Balms Market By Companies, 2019 |
13.2 South Africa Lip Balms Market By Companies, 2019 |
13.3 Kenya Lip Balms Market By Companies, 2019 |
13.4 Nigeria Lip Balms Market By Companies, 2019 |
13.7 Rest of Africa Lip Balms Market By Companies, 2019 |
13.8 Africa Lip Balms Market Competitive Benchmarking, By Operating Parameters |
14. Company Profiles |
15. Key Strategic Recommendations |
16. Disclaimer |