Press release
Hand Cream And Hand Lotion Market Growth Factors, Trends And Regional Outlook Report 2020-30: COVID-19 Growth And Change
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%.
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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.
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.
Hand Cream And Hand Lotion Market Segmentation: -
By Type
1. Moisturising Hand Lotion
2. Protective Hand Lotion
3. Repair Hand Crème
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By Application
1. Adult
2. Baby
Few Points From Table Of Content
1. Executive Summary
2. Hand Cream And Hand Lotion Market Market Characteristics
3. Hand Cream And Hand Lotion Market Market Size And Growth
4. Hand Cream And Hand Lotion Market Market Segmentation
5. Hand Cream And Hand Lotion Market Market Regional And Country Analysis
……
25. Hand Cream And Hand Lotion Market Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Hand Cream And Hand Lotion Market Market
27. Hand Cream And Hand Lotion Market Market Trends And Strategies
28. Hand Cream And Hand Lotion Market Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the hand cream and hand lotion market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the hand cream and hand lotion market are Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, Suave
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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