The problem with 'lossless' music, is that to listen to it in order to really hear the benefits, you need some pretty decent kit. Either a decent hi-fi set up, or some very good earphones. IE; stuff that's superior to pretty much any wireless ear of headphones. I have done my own 'trials' with MP3 files at various quality, and 'lossless' music via CD. And above 192Kbps, you need progressively higher quality hi-fi gear to actually discern any difference at all. By 320Kbps, I could not tell the difference. Now that's entirely subjective and everyone's ears are different, but I'd be confident that not many people over 30, or even 20, could tell the difference either.
The next, and possibly most important factor, is 'does it actually matter'. For the vast majority of people, I'd say no. A lot of my older MP3 collection is pretty poorly encoded by current standards, but I can still enjoy the music. I'm fairly fussy about sound, yet I enjoy my APP2s, even though I know they are some way off 'proper' ear/headphones (ie stuff that costs many hundreds, if not thousands of pounds). At home, I have a lot of music ripped as lossless files, though some fairly decent speakers, and that experience is improved by having better quality source files. But for just walking about in a noisy environment, then APPs or indeed most basic ear/headphones are fine. Because I just enjoy the music.
'Lossless' audio is pretty much a gimmick. It has potential for high end systems, and multi channel recordings, but tbh for the vast majority, it's like having a car that can drive at 150mph, whilst most people have neither the skill nor the suitable environment to use the vehicle to anywhere near its true potential. Actually, not even like that most of the time. The average set of ear/headphones sold will be some way below the 'hi-fi' standard, very much in the 'consumer' range, so more like say a basic lower end Ford or whatever.