Hand Lotion And Hand Cream Market Size and Growth Forecast: Global Insights and Analysis
Report ID : 1412350 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Hand Lotion And Hand Cream Market is categorized based on Product Type (Moisturizing Hand Lotion, Anti-Aging Hand Cream, Nourishing Hand Cream, Scented Hand Lotion, Unscented Hand Cream) and Distribution Channel (Online Retail, Supermarkets/Hypermarkets, Pharmacies/Drugstores, Specialty Stores, Convenience Stores) and End User (Women, Men, Children, Elderly, Healthcare Professionals) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
As of 2023, the Hand Lotion And Hand Cream Market size stood at $3.1 billion and is expected to attain $5.2 billion by 2033, growing at a 5.3% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.
The increase in the market for hand lotions and creams, an industry that has seen rapid growth in the latter years, can be pegged to the rise in consumer focus towards skincare. Consumers understand the importance of maintaining skin health which is why the demand for moisturizing products has skyrocketed. With skincare becoming an integral aspect of people's lives, hand lotions and creams have emerged as necessities for young adults, older individuals and everyone in between.
Innovative new brands are entering the scene with great zeal, specifically targeting the needs of distinct skin types and concerns. The shift towards natural ingredients has also changed the approach of many companies with consumers prioritizing safety and sustainability. In addition, the COVID-19 pandemic has further increased the need for hand care products as excessive washing and sanitizing of hands resulted in extreme dryness. All of this has led to a broad gap in the market for hand care solutions. As a result, the hand lotion and cream market is highly equipped for growth and expansion and presents multiple opportunities for new and established businesses aiming to target the evolving consumer landscape.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | L'Oreal, Unilever, Procter & Gamble, Johnson & Johnson, Estee Lauder, Coty Inc., Beiersdorf AG, Colgate-Palmolive, Revlon, Avon Products, Neutrogena |
| SEGMENTS COVERED |
By Product Type - Moisturizing Hand Lotion, Anti-Aging Hand Cream, Nourishing Hand Cream, Scented Hand Lotion, Unscented Hand Cream
By Distribution Channel - Online Retail, Supermarkets/Hypermarkets, Pharmacies/Drugstores, Specialty Stores, Convenience Stores
By End User - Women, Men, Children, Elderly, Healthcare Professionals
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Hand Lotion And Hand Cream Market Dynamics
The Hand Lotion And Hand Cream Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Hand Lotion And Hand Cream Market Segmentations
Market Breakup by Product Type
- Overview
- Moisturizing Hand Lotion
- Anti-Aging Hand Cream
- Nourishing Hand Cream
- Scented Hand Lotion
- Unscented Hand Cream
Market Breakup by Distribution Channel
- Overview
- Online Retail
- Supermarkets/Hypermarkets
- Pharmacies/Drugstores
- Specialty Stores
- Convenience Stores
Market Breakup by End User
- Overview
- Women
- Men
- Children
- Elderly
- Healthcare Professionals
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Hand Lotion And Hand Cream Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- L'Oreal
- Unilever
- Procter & Gamble
- Johnson & Johnson
- Estee Lauder
- Coty Inc.
- Beiersdorf AG
- Colgate-Palmolive
- Revlon
- Avon Products
- Neutrogena
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● Detailed profiling of additional market players (up to three players)
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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