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Global Lip Balm Market to Reach USD 1.39 Billion by 2030, Driven by Demand for Natural, Sustainable, and Multi-Functional Products
According to Deep Market Insights," The global lip balm market, valued at USD 950 million in 2024, is set to grow from USD 1,012.70 million in 2025 to USD 1,394.01 million by 2030, expanding at a CAGR of 6.6% over the forecast period." Growth is supported by rising awareness of lip health, consumer demand for natural and multifunctional ingredients, and the influence of social media platforms...
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