Global Hand Cream and Hand Lotion Market Key Growth Factor Analysis & Research Study 2020-30


Posted January 1, 2021 by Kavita

Hand Cream And Hand Lotion Market Global Report 2020-30: COVID-19 Growth And Change from provides the strategists
 
Bharat Book Bureau Provides the Trending Market Research Report on “Hand Cream and Hand Lotion Global Market Report 2020-30: COVID-19 Growth and Change” under Life Sciences Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.



Hand Cream And Hand Lotion Market Global Report 2020-30: COVID-19 Growth And Change from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global hand cream and hand lotion market.



Hand Cream and Hand Lotion Global Market Report 2020-30: COVID-19 Growth and Change

Including: 1) By Type: Moisturising Hand Lotion; Protective Hand Lotion; Repair Hand Crème; Others

2) By Application: Adult; Baby

Covering: Unilever; Johnson & Johnson; Procter & Gamble; Coty; Beiersdorf



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This report focuses on hand cream and hand lotion market which is experiencing strong growth. The report gives a guide to the hand cream and hand lotion market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.



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• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.

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• Identify growth segments for investment.

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Description:

Where is the largest and fastest growing market for the hand cream and hand lotion? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Hand Cream And Hand Lotion market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider hand cream and hand lotion market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The hand cream and hand lotion market section of the report gives context. It compares the hand cream and hand lotion market with other segments of the hand cream and hand lotion market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, hand cream and hand lotion indicators comparison.

Scope

Markets Covered: 1) By Type: Moisturising Hand Lotion; Protective Hand Lotion; Repair Hand Crème; Others

2) By Application: Adult; Baby

Companies Mentioned: Unilever; Johnson & Johnson; Procter & Gamble; Coty; Beiersdorf

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

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

The global hand cream and hand lotion market is expected to decline from $5.11 billion in 2019 to $4.92 billion in 2020 at a compound annual growth rate (CAGR) of -3.63%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $6.69 billion in 2023 at a CAGR of 10.8%.

The hand cream and hand lotion market consists 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.

North America was the largest region in the hand cream and hand lotion market in 2019. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

In June 2019, Unilever, a London-based consumer good company, acquired Tatcha LLC for $500 million. Through this acquisition, Unilever is widening its portfolio. Tatcha joins brands such as Murad, Dermalogica, REN Clean Skincare, Kate Somerville, Living Proof and Hourglass as part of Unilever's portfolio. Tatcha LLC is a Japanese anti-aging skincare company.

The hand cream and hand lotion market covered in this report is segmented by type into moisturizing hand lotion; protective hand lotion; repair hand crème; others and by application into adult; baby.

The presence of counterfeit products is a key factor hampering the growth of the hand cream and hand lotion market. Since many users are unaware that the product they are using is a counterfeit, the user will blame the authentic company if the take-off item stops working properly, or it quickly falls apart, or it doesn't meet their expectations. Retailers, distributors and other organizations that work with companies frequently lose trust in reputable companies because of counterfeiters' actions. In 2018, more than $27.7 billion was lost annually by counterfeit goods throughout the fashion industry alone, and this issue extends to a multitude of industries. Therefore, the presence of counterfeit products is expected to hinder the growth of 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. For instance, the aloe-based hand repair creams made with 60% aloe gel provides deep moisture to the skin for comfortable and soft hands. This cream repairs dry and broken skin and can also be applied to key dry areas of the skin such as knees and elbows. The subtle scent that these natural ingredients leave behind also attracts the use of this cream more frequently.

The increasing habit of frequent hand washing to avoid infections is a key factor driving the growth of the hand cream and hand lotion market. Washing hands regularly and thoroughly is one of the best ways to reduce COVID-19 transmission, as hands are responsible for bringing most bacteria into our respiratory system. 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.



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Categories Fashion
Tags hand cream and hand lotion market analysis , hand cream and hand lotion market share , hand cream and hand lotion market value , hand lotion market type
Last Updated January 1, 2021