Global Hand Cream And Hand Lotion Market Size, Share, Trends And Drivers 2023-2032
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
North America held the largest hand cream and hand lotion market share.
The global hand cream and hand lotion market is expected to grow from $6.43 billion in 2022 to $7.11 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The hand cream and hand lotion market is expected to grow from $10.49 billion in 2027 at a CAGR of 10.2%.
Major Driver In The Hand Cream And Hand Lotion Market – Increase In Habit Of Frequent Hand Washing To Avoid Infections
Hand washing is one of the most effective techniques to prevent Covid-19 transmission because hands are responsible for delivering most bacteria into our respiratory system. Although hand washing and the use of harsh sanitizers are both necessary for minimising the spread of the virus, they can cause skin irritation, leaving the hands dry, cracked, and irritated. As a result, doctors recommend utilising hand creams that nourish the hands, relieve any dry regions, and reduce skin irritation. As a result of frequent hand washing, the drying of hands is likely to fuel the expansion of the hand cream and hand lotion market.
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Key Hand Cream And Hand Lotion Market Segments
1) By Type: Moisturising Hand Lotion, Protective Hand Lotion, Repair Hand Crème, Other Types
2) By Application: Adult, Baby
3) By Distribution Channel: Supermarket/Hypermarket, Specialty Store, Beauty Salon, Pharma & Drug Store, Online Store
Recent Hand Cream And Hand Lotion Market Trend – Adopting Healthy Ingredients
Hand creams with healthy ingredients like herbs and essential oils that repair and rebuild skin are a popular trend in the hand cream and hand lotion industry. For example, aloe-based hand repair lotions containing 60% aloe gel deliver deep moisture to the skin, resulting in comfortable and smooth hands. This cream restores dry and damaged skin and can also be applied to critical dry skin areas such as the knees and elbows. The delicate aroma that these natural components leave behind encourages repeated usage of this cream.
Hand Cream And Hand Lotion Market Prominent Players
Major players in the hand cream and hand lotion market are Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, and Suave.
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The Hand Cream And Hand Lotion Global Market Report 2023 provides a comprehensive overview on the hand cream and hand lotion market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the hand cream and hand lotion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Hand cream and hand lotion are terms used to describe a low viscosity solution that is applied to or rubbed into the hands to nourish the skin and soften the body and hands of persons who work hard all day. It is used to treat and prevent cracked and dry hands.
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