Germany Lip Care Products Market Size & Outlook, 2021-2028

The lip care products market in Germany is expected to reach a projected revenue of US$ 118.8 million by 2028. A compound annual growth rate of 4.7% is expected of Germany lip care products market from 2022 to 2028.
Revenue, 2021 (US$M)
$85.9
Forecast, 2028 (US$M)
$118.8
CAGR, 2022 - 2028
4.7%
Report Coverage
Germany

Germany lip care products market highlights

  • The Germany lip care products market generated a revenue of USD 85.9 million in 2021 and is expected to reach USD 118.8 million by 2028.
  • The Germany market is expected to grow at a CAGR of 4.7% from 2022 to 2028.
  • In terms of segment, hypermarkets & supermarkets was the largest revenue generating distribution channel in 2021.
  • Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.


Lip care products market data book summary

Market revenue in 2021USD 85.9 million
Market revenue in 2028USD 118.8 million
Growth rate4.7% (CAGR from 2021 to 2028)
Largest segmentHypermarkets & supermarkets
Fastest growing segmentOnline
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHypermarkets & Supermarkets, Pharmacy & Drug Stores, Specialty Stores, Online
Key market players worldwideL'Oreal SA, Unilever PLC, Beiersdorf AG, Colgate-Palmolive Co, The Estee Lauder Companies Inc Class A, Johnson & Johnson, Shiseido Co Ltd, Procter & Gamble Co, Avon Products, Revlon


Other key industry trends

  • In terms of revenue, Germany accounted for 4.1% of the global lip care products market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Europe, Germany lip care products market is projected to lead the regional market in terms of revenue in 2028.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 99.4 million by 2028.

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Lip Care Products Market Scope

Lip care products market segmentation & scope
Hypermarkets & Supermarkets
Pharmacy & Drug Stores
Specialty Stores
Online
Others
Lip Balm
Lip Scrub
Others

Lip Care Products Market Companies

Name Profile # Employees HQ Website

Germany lip care products market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lip care products market will help companies and investors design strategic landscapes.


Hypermarkets & supermarkets was the largest segment with a revenue share of 54.83% in 2021. Horizon Databook has segmented the Germany lip care products market based on hypermarkets & supermarkets, pharmacy & drug stores, specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2028.


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Target buyers of Germany lip care products market databook

  • Our clientele includes a mix of lip care products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Germany lip care products market , including forecasts for subscribers. This country databook contains high-level insights into Germany lip care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Germany lip care products market size, by distribution channel, 2016-2028 (US$M)

Germany Lip Care Products Market Outlook Share, 2021 & 2028 (US$M)

Germany lip care products market size, by distribution channel, 2016-2028 (US$M)

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