Global Hand Cream And Hand Lotion Market Overview And Prospects
Learn about the global hand cream and hand lotion market through The Business Research Company, which provides information on hand cream and hand lotion market size, hand cream and hand lotion market drivers and restraints, hand cream and hand lotion market players, the COVID-19 impact on the hand cream and hand lotion market, and more.
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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%.
The increasing habit of frequent hand washing to avoid infections is expected to drive innovation in hand cream and hand lotion manufacturing, thus driving the market during the forecast period.
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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.
Global hand cream and hand lotion market segments include:
By Type: Moisturising Hand Lotion, Protective Hand Lotion, Repair Hand Crème, Others
By Application: Adult, Baby
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.
The hand creams that contain healthy ingredients such as herbs and essential oils that cure and rebuild skin is a key trend in the hand cream and hand lotion market.
TBRC’s hand cream and hand lotion market report covers:
Major Market Players: Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, and 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)
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, leading competitor revenues, profiles and market shares.
TBRC’s 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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