Cosmetics are prepared and used for a long time. Cosmetics have been a daily essential need. There are many varieties in the preparation and use of cosmetics such as foundations, skin cleansers, lotions, and lipsticks, etc. Under lip applications, there is a broad spectrum like lipsticks, lip liners, lip gloss, lip salve (lip salve), etc. Salves are generally accustomed to increase the beauty of lips while protecting them. To promote and maintain healthy lips naturally lip salve is used. Many methods have been employed for the preparation of lip salve. These methods increase their organoleptic properties. Nowadays, products which are naturally derived or having natural constituents are mostly preferred. This work focuses on, natural constituents accustomed to formulating lip salve. In this review, essential constituents used for natural salve preparation with its benefits is done. The preparation of natural lip salve is done using naturally occurring base, naturally derived oils, naturally occurring coloring agents and naturally derived flavoring agents. This is evaluated for parameters like its resistance to variations in temperature, acceptable flavor, its smooth texture throughout and adherence, etc.