Lanolin is an organic wax that sheep produce through their wool, a coating that protects the sheep's skin and is mostly taken off during wool washing. Lanolin is nearly identical to skin oil; hence, it has a very good moisturizing, emollient (softening), and protective effect. The market consists of different activities such as the production, processing, and selling of lanolin, the main application of which is cosmetics, where it is widely used for its hydrating/protective qualities, medical (ointments, wound care), and industrial fields.