13-Feb-2020 | Zion Market Research
Zion Market Research has authored “Lip balm and Lip Scrub Market – By Components (Chipsets, Small Cell Infrastructure, Wireless Devices, Macro Base Stations, 5G Communication Service, Network Switches & Routers, Enterprise Access Equipment, and Others) and By End-Users (Enterprise and Individuals): Middle East Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the Middle East demand for lip balm and lip scrub market in 2019 is approximately USD 60 Million and is anticipated to reach around USD 85 Million by 2026. The anticipated CAGR for the lip balm and lip scrub market is around 4.7% from 2020 to 2026.
Also, living in a dry climate or with air conditioning can exacerbate the situation, leaving many of us with chronically dry lips. The lips do not produce the same level of oil as the rest of your skin, so this area is prone to dryness. Lip balm is a preparation designed to apply topically on the lips to provide pleasant textures and moisturize. The key purpose of lip balm is to provide an occlusive layer on the lip surface to protect them from external exposure and seal moisture in lips. In the market, Lip balms are available in wide varieties. Lip balm mainly composed of beeswax or carnauba wax, camphor, acetyl alcohol, lanolin, paraffin, and petrolatum. Some type of preparation also contains sunscreen, salicylic acid, phenol, fragrance, flavor, and dyes. Lip scrub is an exfoliating product designed specifically for removing dead skin cells from the sensitive lip area. The purpose of using a lip scrub or any other exfoliating agent is to remove dead skin cells that tend to dull the natural glow of the skin.
Browse the full “Lip balm and Lip Scrub Market – By Type (Covered Hair Lip balm and Lip Scrub, Hair Extension, and Others) and By Application (Women and Men): Middle East Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” Report at https://www.zionmarketresearch.com/report/lip-balm-and-lip-scrub-market-by-type
UAE accounts for the healthy amount of shares in the Middle East region compared to its population. This growth is attributed due to the high per capita income in this region. The capital of the UAE is one of the most attractive destinations for shopping, tourism, and traveling. Product consumption in this region is premium in nature. Many firms do direct sales to its customer through their Branded outlets in shopping malls and stores.
Kuwait, Qatar, Saudi Arabia, Bahrain, Oman are included in this segment. These countries are the major drivers of this region. Growth is attributed due to the high demand of product followed by high per capita expenditure in this region. In terms of Volume, GCC countries are the major consumer of premium and branded products.
Countries like Egypt, Turkey, and Israel are the major country for revenue generation in the Rest of the Middle East region. Growth is attributed due to high demand and increasing imports from other countries. In terms of Volume, Turkey is one of the important countries in terms of consumption. A wide variety of products and population growth is one of the major drivers.
The product type analysis, the Middle East lip balm and lip scrub market segmented as solid cream lip balm, liquid gel lip balm, and lip scrub. Among which the solid cream lip balm segment is anticipated to account for the largest market share in terms of value as well volume. Consistency in the environment and low price is one of the key factors responsible for its sales.
Among all the end-user segments, the women segment accounts for more than 70% share in the Middle East lip balm and lip scrub market. Nevertheless, the kid segment is anticipated to grow at a substantial growth rate over the forecast period.
Key players operating in the lip balm and lip scrub industry are Lypsyl, ChapStick, Labello, Carmex, EOS, Vaseline, Blistex, Burt’s Bees, Revlon, NUXE, L’Oreal, MARY KAY, Clinique, Elizabeth Arden, Max Factor, CARSLAN, CHANEL, Neutrogena, Lancome, SHISEIDO, DHC, MAC, Kiehl, Nivea, Maybelline, Mentholatum, and others.
This report segments the Lip balm and Lip Scrub market as follows:
Middle East Lip Balm and Lip Scrub Market: By Product Analysis
Middle East Lip Balm and Lip Scrub Market: By Application Analysis
Middle East Lip Balm and Lip Scrub Market: By Channel Sales Analysis
Middle East Lip Balm and Lip Scrub Market: By Region
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