How to start a lip balm business?
Posted on Jun 07th 2021
Homemade lip balm has become an essential lip care item for customers. Grand View Research estimates the worldwide lip care market to reach $1.17 billion by 2025, averaging a 7.2% growth rate every year.
The statistical analysis company additionally reports an increment in awareness concerning personal care items. Rising lip care issues, for example, drying, splitting, and wrinkles, are assessed to impel the interest in lip balm additionally. It likewise predicts online sales as the principal dispersion channel for new participants into the market.
How to make lip balm?
While there are numerous techniques for homemade lip balm, we are giving a DIY lip balm formula here for you to build upon.
Collect your lip balm ingredients:
o Beeswax
o Shea butter
o Coconut oil
o Essential oils
o Mica powder
o Lip balm containers
Mix the ingredients:
Take the beeswax, shea margarine, and coconut oil and put them in the double kettle. Add faucet water to the base pot. Please put it in your oven and turn the heat to medium-high.
When every ingredient starts to melt in the pot, utilize a spatula or wooden spoon to mix and combine.
Add scent and coloring:
When every base ingredient is melted and mixed, remove the double heater from the heat. Keep the top pot over the base pot containing the water to keep up the temperature of the ingredients.
After the heater is eliminated from the heat, start adding a couple of drops of your essential oil to the blend. Blend in five to 10 drops to begin. At that point, test the scent. Add essential oil, depending on your preference.
Since you have added your scent of choice, it's time to add a bit of coloring to your lip balm blend. From here, add a touch of mica powder or a pinch of lipstick to the base. Stir to mix the shading with a general mishmash. Gradually add more powder or lipstick.