Global Hand Cream and Hand Lotion Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Hand Cream and Hand Lotion Market Report by the business research company covers hand cream and hand lotion market drivers and restraints, hand cream and hand lotion market size, major players, and the impact of COVID-19 on the hand cream and hand lotion market.
The hand cream and hand lotion market consist of sales of hand creams and hand lotions and related services. Hand cream and hand lotion are a topical formulation with low to medium viscosity, intended for unbreakable skin application. Many lotions, especially hand lotions and body lotions, are developed simply to smooth, rehydrate and soften the skin.
The increasing habit of frequent hand washing to avoid infections is a key factor driving the growth of the hand cream and hand lotion market. The global hand cream and hand lotion market is expected to grow from $4.81 billion in 2020 to $5.35 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hand cream and hand lotion market is expected to reach $7.67 billion in 2025 at a CAGR of 9%.
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Some hand cream and hand lotion market trends include hand creams containing healthy ingredients such as herbs and essential oils that cure and rebuild skin. For instance, the aloe-based hand repair creams made with 60% aloe gel provides deep moisture to the skin for comfortable and soft hands. This cream repairs dry and broken skin and can also be applied to key dry areas of the skin such as knees and elbows. The subtle scent that these natural ingredients leave behind also attracts the use of this cream more frequently.
Global hand cream and hand lotion market segments include:
1) By Type: Moisturising Hand Lotion, Protective Hand Lotion, Repair Hand Crème, Others.
2) By Application: Adult, Baby.
3) By Distribution Channel: Supermarket/Hypermarket, Speciality Store, Beauty Salon, Pharma & Drug Store, Online Store.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Hand Cream and Hand Lotion Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides hand cream and hand lotion market overviews, analyzes and forecasts market size, share, hand cream and hand lotion market players, hand cream and hand lotion market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The hand cream and hand lotion market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Hand Cream and Hand Lotion Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, Suave.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Hand Cream And Hand Lotion Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Hand Cream And Hand Lotion Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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