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Global Lip Balm Market to Reach USD 1.31 Billion by 2032 Driven by Rising Lip Care Awareness, Natural Formulations, and Premium Beauty Trends
The global lip balm market is witnessing strong and sustained growth as consumers increasingly prioritize personal grooming, skincare, and wellness-focused beauty products. According to the latest market research report, the market was valued at USD 860 million in 2024 and is projected to reach USD 1.31 billion by 2032, registering a CAGR of 6.4% during the forecast period. Lip balm products...
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