Product Code: ETC331108 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia Lip Balm Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 11.52% in 2025, the growth rate steadily ascends to 14.16% in 2029.
Indonesia's Lip Balm market is anticipated to experience a high growth rate of 12.91% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Indonesia Lip Balm market is a prominent segment within the personal care industry. Lip balms are widely used for moisturizing and protecting the lips from dryness and external elements. The market is expected to experience steady growth with a CAGR of around 5.1%, driven by changing consumer preferences towards natural and nourishing lip care products. Domestic and international cosmetic manufacturers contribute to the lip balm market, offering a variety of formulations to cater to diverse customer needs.
The Indonesia Lip Balm market is on a trajectory of steady growth, primarily attributed to shifting consumer preferences towards personal care and wellness products. Increasing awareness of lip health, coupled with rising concerns about environmental factors and pollutants, is driving the demand for lip balms. The incorporation of natural and organic ingredients in lip balm formulations to cater to health-conscious consumers is another significant driver. Furthermore, aggressive marketing strategies, influencer endorsements, and innovative packaging are enhancing product visibility and consumer engagement. As the beauty and personal care industry continues to evolve, the Lip Balm market is anticipated to witness sustained expansion.
Challenges in the Indonesia Lip Balm market could include competition from traditional remedies, cultural preferences, and awareness about the benefits of lip balm usage. Consumer education about the importance of lip care and protection against harsh weather conditions might be necessary to drive demand and establish a loyal customer base.
The market for lip balm products in Indonesia might have experienced fluctuations during the pandemic. With people staying indoors and wearing face masks, the demand for cosmetic and personal care products, including lip balm, may have been affected. However, as restrictions eased and lifestyles normalized, the market could have shown signs of recovery.
Key players in the Indonesia Lip Balm market might include cosmetic and personal care companies such as PT. Unilever Indonesia Tbk, which could offer a range of lip care products, including lip balms, under their well-established brands.
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 Indonesia Lip Balm Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Lip Balm Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Lip Balm Market - Industry Life Cycle |
3.4 Indonesia Lip Balm Market - Porter's Five Forces |
3.5 Indonesia Lip Balm Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Lip Balm Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Lip Balm Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.8 Indonesia Lip Balm Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Indonesia Lip Balm Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Lip Balm Market Trends |
6 Indonesia Lip Balm Market, By Types |
6.1 Indonesia Lip Balm Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Lip Balm Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Lip Balm Market Revenues & Volume, By Flavored, 2021-2031F |
6.1.4 Indonesia Lip Balm Market Revenues & Volume, By CBD or Hemp Oil, 2021-2031F |
6.1.5 Indonesia Lip Balm Market Revenues & Volume, By SPF, 2021-2031F |
6.1.6 Indonesia Lip Balm Market Revenues & Volume, By Tinted, 2021-2031F |
6.1.7 Indonesia Lip Balm Market Revenues & Volume, By Plumping, 2021-2031F |
6.1.8 Indonesia Lip Balm Market Revenues & Volume, By Organic, 2021-2031F |
6.1.9 Indonesia Lip Balm Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Indonesia Lip Balm Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Lip Balm Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Lip Balm Market Revenues & Volume, By Individual, 2021-2031F |
6.2.3 Indonesia Lip Balm Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Indonesia Lip Balm Market, By Price |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Lip Balm Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 Indonesia Lip Balm Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 Indonesia Lip Balm Market Revenues & Volume, By High, 2021-2031F |
6.4 Indonesia Lip Balm Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Lip Balm Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Indonesia Lip Balm Market Revenues & Volume, By Offline, 2021-2031F |
7 Indonesia Lip Balm Market Import-Export Trade Statistics |
7.1 Indonesia Lip Balm Market Export to Major Countries |
7.2 Indonesia Lip Balm Market Imports from Major Countries |
8 Indonesia Lip Balm Market Key Performance Indicators |
9 Indonesia Lip Balm Market - Opportunity Assessment |
9.1 Indonesia Lip Balm Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Lip Balm Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Lip Balm Market Opportunity Assessment, By Price, 2021 & 2031F |
9.4 Indonesia Lip Balm Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Indonesia Lip Balm Market - Competitive Landscape |
10.1 Indonesia Lip Balm Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Lip Balm Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |