Lip Balm Market Witness Highest Growth in Near Future: Leading Key Players: L'Oréal S.A, Nivea Seoul, Unilever, Maybelline, Himalaya Drug
Lip balm is wax-like preparation typically applied to the lips to moisturize and relieve cracked, dry lips. Usually, lip balm contains beeswax, carnauba wax, camphor, cetyl alcohol, lanolin, paraffin, and petrolatum, among other ingredients. On the basis of types, lip balm is segmented as solid cream lip balm and liquid gel balm. Further, lip balm is classified as stick lip balm and Tin lip balm. Currently, the use of natural or organic ingredient lip balm is trending in the market....
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