The hand and cream and hand lotion market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 9%, as per The Business Research Company’s market report!

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The Hand Cream And Hand Lotion Market Size In 2022 And Forecast

The global hand and cream and hand lotion market is expected to grow from $5.73 billion in 2021 to $6.43 billion in 2022 at a compound annual growth rate (CAGR) of 12.31.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The hand cream and hand lotion market is expected to reach $9.33 billion in 2026 at a CAGR of 9.8%.

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.

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Increase In The Habit Of Frequent Hand Washing To Avoid Infections Is Driving The Growth Of The Hand Cream And Hand Lotion Market

Although hand washing and the use of harsh sanitizers are both essential to reduce the spread of the virus, they can have an adverse effect on the skin, causing the hands to feel dry, cracked and sore. Therefore, doctors recommend using hand creams that help maintain the hands nourished, soothe any dry areas and minimize irritation of the skin. Therefore, the drying of hands owing to frequent hand-wash is expected to drive the growth of the hand cream and hand lotion market.

Competitive Landscape And The Regional Analysis Of The Hand Cream And Hand Lotion Market

Major players in the hand and cream and hand lotion market are Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, and Suave?

The Hand Cream And Hand Lotion Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hand and cream and hand lotion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the hand and cream and hand lotion market.

Hand Creams That Contain Healthy Ingredients – A Key Trend In The Hand Cream And Hand Lotion Market

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.

Hand Cream And Hand Lotion Market Segmentation By The Business Research Company

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 and Drug Store, Online Store

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