The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rapid growth in the millennial population are expected to drive innovation in lotions (including sunscreens) manufacturing, thus driving the market during the forecast period.

The global lotions (including sunscreens) market is expected to grow from $43.67 billion in 2022 to $50.18 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The global lotions (including sunscreens) market size is expected to grow from $87.24 billion in 2027 at a CAGR of 14.8%.

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Global Lotions (Including Sunscreens) Market Segments Include:

• By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Other Types
• By Application: Men, Women, Baby
• 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, Asia Pacific is the largest region in the global lotions (including sunscreens) market in 2021.

Major Market Players in the lotions (including sunscreens) market include Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics, Clarins, Crabtreeand Evelyn, Hempz, Murad, and L’Oréal S.A.

The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, sunscreen 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.

The Lotions (Including Sunscreens) Global Market Report 2023  provides a lotions (including sunscreens) market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The lotions (including sunscreens) market forecast analyzes lotions (including sunscreens) market size, lotions (including sunscreens) market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The lotion is a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic, or protective purposes. For example, sunscreens are substances that protect from the sun’s ultraviolet (UV) radiation and thus help against sunburns.

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