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Global Lip Balm Market Set to Reach USD 1.39 Billion by 2030, Driven by Innovation, Sustainability, and Expanding Consumer Base
According to Deep Market Insights, " The global lip balm market, valued at USD 950 million in 2024, is projected to grow from USD 1,012.70 million in 2025 to USD 1,394.01 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.6%." Growth is being propelled by heightened awareness of lip health, rising demand for natural and multifunctional products, and the influence of social...
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