Moisturizing Cream Market Analysis 2023 | L'Oréal S.A., Procter & Gamble- Olay, Aveeno, Dove-Unilever, Johnson & Johnson, Beiersdorf AG

The global moisturizing cream market share is expected to grow at a higher growth rate supported by the rising awareness about the benefits of moisturizing cream and lotions among the population. Increasing demand for basic cosmetics from the fashion sector has also increased the share for moisturizing cream in the global market. Developing economic conditions of various regions is fueling up the market demand for Moisturizing Cream on the global level.

All these factors contribute to the calculated CAGR of 5.7% of Moisturizing Cream market during 2017-2023.

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Top Competitors:

L'Oréal S.A. (France)
Johnson & Johnson (U.S.)
Procter & Gamble- Olay (U.S.)
Beiersdorf AG (Germany)
The Estée Lauder Companies Inc. (U.S.)
Shiseido Co., Ltd. (Japan)
Aveeno (U.S.)
Bioelements (U.S.)
Chicco (Italy)
California Baby (U.S.)
Earth Mama Angel Baby (U.S.)
Cotton Babies, Inc. (U.S.)
Paula's Choice, Llc (U.S.)
Kate Somerville Skincare, LLC (U.S.)
Dove-Unilever (U.K.)
Origins Natural Resources, Inc. (U.S.)
Borghese, Inc. (U.S.)
Mario Badescu Skin Care, Inc. (U.S.)
Burt's Bees (U.S.)
La Prairie group (Switzerland)

Market Downstream Analysis:
The demand for moisturizing cream as face care cosmetics is growing at a significant rate, whereas, moisturizing cream for body care holds a share of a lion in the market. Moisturizing cream for infants & toddlers with unique nourishing formula is anticipated to grow at the highest rate during the forecast period. In addition, the demand for cruelty-free moisturizing cream is estimated to have a high growth based on increasing animal welfare concerns among the consumers.

Moisturizing cream to reduce dryness & dehydration will hold a major share based on the moisturizers for various skin concerns. Moreover, the sale of moisturizing cream through supermarkets/hypermarkets accounts for a significant share among the various other distribution channels.

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Geographical Analysis:

The global moisturizing cream market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). North America holds a major market share followed by Europe. High demand for moisturizing cream owing to increasing disposable income from the developed countries of these regions is contributing to the positive growth of the moisturizing cream market. The U.S., China, Hong Kong, Germany and Singapore are the major importers of moisturizing cream. Economic growth and developed trading channels are driving the growth of Moisturizing Cream market in these countries.

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This release was published on openPR.