- Non Medicated
- Sun Protection
Middle East and Africa Lip Care Products Market Size at USD Billion in 2021 and poised to touch USD Billion by 2028 growing at a CAGR of % during 2022 to 2028. Market for Middle East and Africa Lip Care Products is anticipated to grow at unprecedented CAGR owing to tremendous adoption of beauty care products, high per capita expenditure on beauty products, and availability of wide range of products. The natural products are expected to gain momentum due to increased consciousness about the adverse effects of synthetic cosmetics. Stringent government regulations to enter into countries will hamper the market. Religious beliefs on raw materials such as oils, waxes expected to hamper the market.
Escalated demand for natural ingredient based lip care products, due to less skin irritation, high spreadability, and resilience, expected to drive the demand for lip care products market. Surge in beauty consciousness, increase in expenditure on beauty products enables propel the growth of lip care products. Increased R&D towards male beauty products, inclination towards luxury and premium beauty products will enhance the revenue share of lip care products. Increase in introduction of innovative lip products with new flavors anticipated to boost the lip care product market growth. However, decreased inclination towards synthetic products, availability of cheap alternative products expected to hamper the growth of lip care products market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.