Future Outlook: Lip Oil Market to Reach US$ 862.6 Million by 2031 at 4.5% CAGR
The global market for lip oil products is projected to grow at a CAGR of 4.5% during the forecast period from 2022 to 2031. Valued at US$ 573.1 Mn in 2021, the market is anticipated to reach US$ 862.6 Mn by 2031. Growing awareness about the adverse effects of chemicals in personal care and cosmetic products has led to increased demand for chemical-free alternatives. Consumers are increasingly...
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