The Global Lotions (Including Sunscreens) Market Report by The Business Research Company covers lotions (including sunscreens) market drivers and restraints, lotions (including sunscreens) market size, major players, and the impact of COVID-19 on the lotions (including sunscreens) market.
The body lotions manufacturing market consists of the sales of body lotions. Body lotions is a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic purposes or protective purposes. For example, sunscreens, a substance that protect from sun’s ultraviolet (UV) radiation and thus help against sunburns.
Rapid growth in millennial population is expected to drive the perfumes market. As of 2020, there were approximately 1.8 billion millennials globally. Young people tend to spend more than old on cosmetics, in an effort to improve looks and quality of life.
The global lotions (including sunscreens) market is expected to grow from $21.37 billion in 2020 to $24.96 billion in 2021 at a compound annual growth rate (CAGR) of 16.8%.The growth is mainly due to the companies rearranging their operations and 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 market is expected to reach $35.54 billion in 2025 at a CAGR of 9%.
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Some lotions (including sunscreens) market trends include the increasing demand for multi-benefit combinations. Products such as foundations with anti-aging serums, sun screen lotions, nail polish with UV protection and anti-aging claims are introduced into the market. Multi-benefit solutions are expected to continue to penetrate further into different categories such as hair care with anti-aging or fragrance to lipsticks with lip care.
Global lotions (including sunscreens) market segments include:
1) By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Others.
2) By Application: Men, Women, Baby.
3) By Channel: Direct Sales, Distributor.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, LARGEST REGION accounts for the largest global lotions (including sunscreens) market share.
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The Lotions (Including Sunscreens) Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides lotions (including sunscreens) market overviews, analyzes and forecasts market size, share, lotions (including sunscreens) market players, lotions (including sunscreens) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The lotions (including sunscreens) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Lotions (Including Sunscreens) Global Market Report 2021: COVID 19 Impact and Recovery 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: Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics, Clarins, Crabtreeand Evelyn, Hempz, Murad, L’Oréal S.A., Unilever, Beiersdorf AG, Colgate-Palmolive Company, Estée Lauder Companies, Inc., Johnson and Johnson, Avon Products, Inc., Shiseido Co., Ltd., Procter & Gamble Company, Revlon, Inc., CeraVe, Avène, Eucerin, Vanicream, EltaMD, La Roche-Posay, Jergens, St. Ives.
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 Lotions (Including Sunscreens) 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 Lotions (Including Sunscreens) Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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