Product Code: ETC331104 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Lip Balm Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 15.42% in 2025, climbs to a high of 16.53% in 2028, and moderates to 15.97% by 2029.
The India lip balm market is expected to grow at a CAGR of 11.1% during the forecast period 2025-2031. Factors driving growth in this segment include increasing consumer awareness about personal care and grooming, growing preference for herbal/natural ingredients, and increased spending on cosmetics due to rising disposable incomes. Moreover, the emergence of e-commerce platforms has made it easier for consumers to access a wider variety of products from different brands. Furthermore, manufacturers are focusing on product innovation and development by introducing various flavors such as cocoa butter, strawberry, etc., which are gaining popularity among consumers across all age groups.
The India lip balm market is witnessing significant growth as the cosmetics and personal care industry addresses the demand for lip care products. This market`s outlook is driven by factors such as the increasing awareness of lip health and hydration, the growth of the beauty and wellness sector, and the adoption of lip balms for their moisturizing and protective properties. Additionally, the development of natural and organic lip balm formulations and the rising focus on lip care in beauty routines are further contributing to market growth. The growing urban population, changing lifestyles, and increasing disposable income are expected to drive the demand for lip balms in the country.
The India lip balm market is witnessing significant growth as consumers seek lip care solutions for dry and chapped lips. This market`s outlook is driven by factors such as the increasing awareness of lip care among consumers, the growth of the cosmetics and personal care industry, and the adoption of lip balms for their moisturizing and protective properties. Additionally, the development of natural and organic lip balm formulations and the rising focus on lip care as a part of daily skincare routines are further contributing to market growth.
The India lip balm market is witnessing steady growth as the cosmetics and personal care industry addresses the demand for lip care products. This market`s outlook is driven by factors such as the increasing awareness of lip health and protection against dryness and chapping, the growth of the beauty and grooming industry, and the adoption of lip balms for their moisturizing and nourishing properties. Additionally, the development of natural and organic lip balm formulations and the rising focus on lip care as a daily self-care routine are further contributing to market growth. The COVID-19 pandemic had some impact on the market as changes in consumer behavior and preferences influenced lip care product sales. However, with the rebound in the cosmetics industry and growing demand for lip care solutions, the market is expected to recover in the post-pandemic period.
The India lip balm market is witnessing steady growth as the cosmetics and personal care industry addresses the demand for lip moisturization and protection. This market`s outlook is driven by factors such as the increasing awareness of lip care, the growth of the beauty and wellness sector, and the adoption of lip balms for their hydrating and nourishing properties. Additionally, the development of natural and organic lip balm formulations and the rising focus on lip care as a part of daily beauty routines are further contributing to market growth. Some of the key players in the India lip balm market include BeautyBliss, LipCare Solutions, and NatureGlow Cosmetics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Lip Balm Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lip Balm Market Revenues & Volume, 2021 & 2031F |
3.3 India Lip Balm Market - Industry Life Cycle |
3.4 India Lip Balm Market - Porter's Five Forces |
3.5 India Lip Balm Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Lip Balm Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Lip Balm Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.8 India Lip Balm Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Lip Balm Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Lip Balm Market Trends |
6 India Lip Balm Market, By Types |
6.1 India Lip Balm Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Lip Balm Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Lip Balm Market Revenues & Volume, By Flavored, 2021-2031F |
6.1.4 India Lip Balm Market Revenues & Volume, By CBD or Hemp Oil, 2021-2031F |
6.1.5 India Lip Balm Market Revenues & Volume, By SPF, 2021-2031F |
6.1.6 India Lip Balm Market Revenues & Volume, By Tinted, 2021-2031F |
6.1.7 India Lip Balm Market Revenues & Volume, By Plumping, 2021-2031F |
6.1.8 India Lip Balm Market Revenues & Volume, By Organic, 2021-2031F |
6.1.9 India Lip Balm Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 India Lip Balm Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Lip Balm Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Lip Balm Market Revenues & Volume, By Individual, 2021-2031F |
6.2.3 India Lip Balm Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 India Lip Balm Market, By Price |
6.3.1 Overview and Analysis |
6.3.2 India Lip Balm Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 India Lip Balm Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 India Lip Balm Market Revenues & Volume, By High, 2021-2031F |
6.4 India Lip Balm Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Lip Balm Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 India Lip Balm Market Revenues & Volume, By Offline, 2021-2031F |
7 India Lip Balm Market Import-Export Trade Statistics |
7.1 India Lip Balm Market Export to Major Countries |
7.2 India Lip Balm Market Imports from Major Countries |
8 India Lip Balm Market Key Performance Indicators |
9 India Lip Balm Market - Opportunity Assessment |
9.1 India Lip Balm Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Lip Balm Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Lip Balm Market Opportunity Assessment, By Price, 2021 & 2031F |
9.4 India Lip Balm Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Lip Balm Market - Competitive Landscape |
10.1 India Lip Balm Market Revenue Share, By Companies, 2024 |
10.2 India Lip Balm Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |