Ph Based Lip Balm Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Ph based lip balm market size is expected to grow at a 5.7% CAGR between 2024 and 2032 fueled by rising consumer awareness regarding skin health and a preference for products that provide gentle yet effective care. Formulated to uphold the skin's natural pH balance, pH-based lip balms prevent dryness and irritation. This characteristic resonates with health-conscious consumers who prioritize soothing and protective products. For example, in April 2024, Lucky Beauty PH unveiled STAR BALM, a colored lip balm that hydrates while adding a sparkling effect.

Consumers are also increasingly seeking lip care solutions tailored to their unique needs and skin types. This shift has spurred a demand for products that address specific concerns, including hydration, protection, and overall skin health. The market expansion is further propelled by innovations in lip balm formulations emphasizing pH balance and a rising trend towards premium and specialty skincare products.

The overall industry is divided into product, form, ingredient, end-user, price range, finish type, distribution channel, and region.

Based on product, the pH-based lip balm market size from the non-tinted lip balm segment is poised to grow between 2024 and 2032. This is due to its allure for consumers prioritizing skin health over cosmetic enhancements. Non-tinted lip balms emphasize hydration and pH balance, steering clear of colorants and artificial ingredients, making them a straightforward choice for many.

With respect to distribution channel, the pH-based lip balm market share from the online retail segment is set to witness a significant CAGR from 2024 to 2032. This surge is due to the convenience offered in granting consumers easy access to a diverse product range and comprehensive information. E-commerce platforms empower shoppers to compare various pH-based lip balms, peruse reviews, and select products tailored to their needs, all from home.

North America pH-based lip balm industry size is expected to accrue notable growth from 2024 to 2032 backed by a growing consumer focus on skincare and health-conscious product choices. In the region, there is an increasing demand for lip care products that offer therapeutic benefits, such as maintaining the natural pH balance, which helps prevent dryness and irritation.

Product Code: 10393

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2018 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing awareness of personal care
  - 3.2.1.2 Rising demand for natural and organic products
  - 3.2.1.3 Celebrity endorsements and social media influence
- 3.2.2 Industry pitfalls and challenges
  - 3.2.2.1 High-cost investment
  - 3.2.2.2 Regular maintenance
3.3 Technology and innovation landscape
3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
3.5 Growth potential analysis
3.6 Regulatory landscape
3.7 Pricing analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032, (USD Million) (Thousand Units)

5.1 Key trends
5.2 Tinted lip balm
5.3 Non-Tinted lip balm

Chapter 6 Market Estimates and Forecast, By Form, 2021 - 2032, (USD Million) (Thousand Units)

6.1 Key trends
6.2 Balm
6.3 Gel
6.4 Stick
6.5 Cream
6.6 Pencil
6.7 Others (Liquid, Tube)

Chapter 7 Market Estimates and Forecast, By Ingredients, 2021 - 2032, (USD Million) (Thousand Units)

7.1 Key trends
7.2 Natural
7.3 Synthetic

Chapter 8 Market Estimates and Forecast, By End-user, 2021 - 2032, (USD Million) (Thousand Units)

8.1 Key trends
8.2 Women
8.3 Men

Chapter 9 Market Estimates and Forecast, By Price Range, 2021 - 2032, (USD Million) (Thousand Units)

9.1 Key trends
9.2 Low
9.3 Medium
9.4 High

Chapter 10 Market Estimates and Forecast, By Finish Type, 2021 - 2032, (USD Million) (Thousand Units)

10.1 Key trends
10.2 Glossy
10.3 Matte
10.4 Natural
10.5 Others (Satin, Shimmery)

Chapter 11 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032, (USD Million) (Thousand Units)

11.1 Key trends
11.2 Online retail
- 11.2.1 E-commerce
- 11.2.2 Company website
11.3 Offline
- 11.3.1 Supermarkets and hypermarkets
- 11.3.2 Specialty store
- 11.3.3 Other retail store(Drug Store and Pharmacies)

Chapter 12 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Million) (Thousand Units)

12.1 Key trends
12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.3.6 Rest of Europe
12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Malaysia
- 12.4.7 Indonesia
- 12.4.8 Rest of Asia Pacific
12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Rest of Latin America
12.6 MEA
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 South Africa
- 12.6.4 Rest of MEA

Chapter 13 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

13.1 Amorepacific Corporation (Laneige)
13.2 Beiersdorf AG (Nivea)
13.3 Biossance (Amyris, Inc.)
13.4 Blistex Inc.
13.5 Burt's Bees
13.6 Carma Laboratories, Inc. (Carmex)
13.7 ChapStick (A Pfizer Brand)
13.8 Dr. Pawpaw (Dr. Paw Paw Ltd.)
13.9 Eos Products, LLC (Evolution of Smooth)
13.10 Fresh, Inc. (A LVMH Company)
13.11 L'Oreal
13.12 Revlon, Inc.
13.13 Sun Bum
13.14 The Body Shop International Limited (Natura and Co)
13.15 Unilever (Vaseline)