Press release
Lotions (Including Sunscreens) Global Market By Manufacturers, Technology, Application, Product Type, Regions, Industry Analysis And Forecast To 2032 | Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics
As per the lotions market report by The Business Research Company, Rapid growth in the millennial population is expected to drive the lotion market. As of 2020, there were approximately 1.8 billion millennials worldwide. Young people tend to spend more than older people on cosmetics to improve their looks and quality of life.
The global lotions (including sunscreens) market size will grow from $43.67 billion in 2022 to $50.18 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lotions (including sunscreens) market size is expected to grow from $87.24 billion in 2027 at a CAGR of 14.8%.
Read More On The Lotions Market Report Here:
https://www.thebusinessresearchcompany.com/report/lotions-global-market-report
Major competitors in the lotions market include Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics, Clarins, Crabtreeand Evelyn, Hempz, Murad, and L'Oréal S.A.
The lotions market is segmented -
• By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Other Types
• By Application: Men, Women, Baby
• By Channel: Direct Sales, Distributor
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Lotions market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=7810&type=smp
The lotion is a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic, or protective purposes. For example, sunscreens are substances that protect from the sun's ultraviolet (UV) radiation and thus help against sunburns.
The Table Of Content For The Lotions Market Include:
1. Executive Summary
2. Body Lotions Market Characteristics
3. Body Lotions Market Trends And Strategies
4. Body Lotions Market - Macro Economic Scenario
5. Body Lotions Market Size And Growth
.....
26. Africa Body Lotions Market
27. Body Lotions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Body Lotions Market
29. Body Lotions Market Future Outlook and Potential Analysis
30. Appendix
The "Global Lotions Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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