May 2025
The lip care products market accounted for USD 2.66 billion in 2024 and is expected to reach around USD 4.74 billion by 2034, with a CAGR of 5.94% from 2025 to 2034. The demand for lip care products is increasing due to the rising awareness of personal care, which makes various skincare products popular.
Lip care products include a line of formulations that are designed to nourish, protect and hydrate the lip skin. The body part usually lacks oil glands, which makes it more prone to dryness from sun damage and other environmental stress factors. The lip care products market has grown significantly in recent years due to the rising adoption of lip care products like lip balm, lip scrub, lip masks, lip oils and many more. These products are used daily that help protect from UV rays, wind, and pollution. The rising use leads towards the increasing demand for ingredients like emollients, humectants, vitamins and others.
Increasing dry and chapped lips due to factors like climate change are one of the major drivers that are promoting lip care products in recent times. The constant climate change in recent years is highly affecting the human body, which is increasing the precautionary measures like skincare and wellness. The lip care products market is expanding rapidly due to the rising colder winters that lower the moisture level from the lips and hotter summers, which raise the need for protection from UV rays, as it may lead to lip burns. The rise of social media is effectively shaping consumer preferences, which are attracting growth in lip care products. The majority of the brands are targeting these environmental factors in their advertisements, which is attracting a significant consumer base.
Report Attributes | Details |
Market Size in 2025 | USD 2.82 Billion |
Expected Size by 2034 | USD 4.74 Billion |
Growth Rate | CAGR of 5.94% |
Base Year in Estimation | 2024 |
Forecast Period | 2025-2034 |
Dominant Region | Asia Pacific |
Segment Covered | By Product, By Distribution Channel, By Region |
Key Companies Profiled | L'Oreal S.A., Johnson & Johnson Services, Inc., Colgate-Palmolive Company, Procter & Gamble, Beiersdorf, Revlon, The Estée Lauder, Companies, Unilever, Avon, Shiseido Company |
Rising Demand for Organic Products
The cosmetic industry is expanding at a rapid pace, which is also leading towards multiple changes and advancements constantly. The lip care products are anticipated to gain significant popularity for organic products due to the rising consumer awareness regarding products made from natural oils and herbal extracts. The industry is also coming across multiple synthetic products which may not suit the body, and also increase the chances of skin allergies and many other conditions.
As a result, the regulatory bodies are also promoting the adoption of non-toxic ingredients, which may ensure consumer safety. The younger generations, including Gen Z and Millennials, are more likely to adopt organic lip care that includes vegan and eco-friendly solutions. Bodies and certifications like the CDSCO, USDA, and COSMOS are ensuring that the skincare products meet the environmental and safety standards before entering the market.
Limited Awareness in rural areas
The skincare and wellness trend has marked significant growth in the majority of urban areas due to higher investments in marketing. The rural areas may face certain challenges due to lower education on personal care, which may affect the acceptance of lip care products. The lower digital influence in these areas may also restrain the growth of the lip care products market, as the companies don’t get an opportunistic platform to grow their business. The lower awareness rate among the population is also affecting the spending capacity on these cosmetic products.
Asia Pacific dominated the global lip care products market by generating the largest revenue share in 2024. The dominance of the region is attributed to the growth in the middle-class population, which is adopting the use of various skincare products daily. This has been providing significant business opportunities for companies to innovate new products. The rising social media influence in countries like India, China, South Korea and Japan are majorly playing a major role in boosting the product demand and sales. The regulatory bodies responsible for cosmetic products are also promoting natural and organic products, which will raise a higher demand in the upcoming years.
The higher skincare and beauty standards have been playing a crucial role in the Chinese industry, which is also boosting their economic development. The rising beauty and wellness trends are significantly boosting the local manufacturing in the region, which majorly contributes to the global exports. The lip care products market is anticipated to gain more popularity in the upcoming years as companies in the country are highly investing in adopting organic products. The stronger e-commerce industry in China is also helping the local and global brands grow more effectively.
North America is anticipated to rise at the fastest CAGR during the forecast period of 2025 to 2034. The growth of the region is attributed to the higher influence of beauty trends in countries like the United States and Canada, which shape the overall industry. As a result, companies are aiming to adopt more specialized products which can mark their presence in the industry. The extreme weather conditions in these countries are also expected to raise the demand for products like lip balm and serum. The rising demand for male grooming in the region might also help the companies to attract their growth opportunity in the region.
The United States is one of the major countries in the lip care products market due to the higher influence of global brands that are collaborating with celebrities to introduce various products like Rare Beauty, Kylie Cosmetics, Fenty Beauty and many more. These companies are also expanding in digital sales through e-commerce websites, which is helping them significantly grow.
Europe also accounted for a considerable share in 2024, owing to the growth of established cosmetic brands like Unilever, L’Oreal, and Beiersdorf that are entering into lip care segment. The countries like the UK, France, and Germany are highly affected by extreme cold weather, which is leading towards the demand for significant products including moisturizing and healing capacity.
The lip balm segment marked its dominance by generating the largest revenue share in 2024. The dominance of the segment is attributed to the wider consumer base of these products, including men, women and children. The lip care products market is expanding rapidly as these products provide moisture to the lips in extreme weather conditions. Additionally, these products are affordable, which makes them in demand in developing economies. The global beauty brands are expanding their portfolio by offering various products in different flavors and variants for different purposes.
The lip scrub segment is anticipated to grow at the fastest CAGR during the forecast period of 2025 to 2034. The rising adoption of skincare is one of the major factors that is promoting the growth of products like lip scrubs. The higher use of beauty products like lipsticks has made scrubs more popular as a part of their skincare routine for smooth lips. The lip care products market is expanding rapidly due to the higher influence of social media, which is managing to increase the demand for these products effectively.
The hypermarkets/supermarkets segment generated the largest revenue share in 2024. The influence of these channels is usually higher due to the wider product availability, which makes it more demanding for impulse buys. The lip care products market is expected to maintain its growth due to the rising adoption of these products in developing cities. Chains like Walmart, Big Bazaar and others are a first choice for one-stop shopping, which include various products. Additionally, these chains are offering these products at discounted prices, which may increase their purchasing chances rapidly.
The speciality store segment is anticipated to grow at a significant CAGR during the forecast period of 2025 to 2034. The rising establishment of personalized stores like Nykaa, Sephora and others is gaining significant popularity due to personalized shopping experience in these channels. Additionally, these stores have a higher product offering, which is attracting consumers influenced by the beauty trends.
Product Launch- In January 2025, Nykaa Cosmetics launched a superlight Lip Cloud Mousse Lipstick in their portfolio that provides a hydrating matte finish in 10 different shades.
Product Launch- In September 2024, Brinton Pharmaceuticals launched UV DOUX Lop Lightning Balm, which is enriched with SPF 40 and natural butters. The product offers hydration and sun protection with an organic approach that boosts the growth of the lip care products market.
May 2025
May 2025
May 2025
May 2025