Press release
Lotions and Sunscreens: A Market Glowing with Opportunity
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7810&type=smp
According to The Business Research Company's, The lotions (including sunscreens) market size has grown rapidly in recent years. It will grow from $50.32 billion in 2023 to $58.19 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to consumer awareness and education, fashion and beauty trends, climate and environmental concerns, market competition.
The lotions (including sunscreens) market size is expected to see rapid growth in the next few years. It will grow to $104.21 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to global health concerns, innovation in ingredients, customization and personalization, rising disposable income, influence of social media, environmental sustainability. Major trends in the forecast period include natural and organic ingredients, innovations in sunscreen technology, growing emphasis on sustainable packaging, digital marketing and e-commerce growth, global awareness of sun protection.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/lotions-global-market-report
Market Drivers and Trends:
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. Millennials are the largest potential purchasing community for cosmetics in 2019, accounting for around 32% of the world's population, compared to 17 percent for those over 55 years of age. By 2025, millennials are expected to constitute nearly three-quarters of the global workforce. As millennials will represent a large part of the global workforce and play a major role in driving the current economy, their preferences and shopping habits will be an important driving factor for the lotion market.
The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, sunscreen lotions, nail polish with UV protection, and anti-aging claims are introduced into the market. Multi-benefit solutions are expected to continue to penetrate further into different categories, such as hair care with anti-aging or fragrance to lipsticks with lip care.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Johnson and Johnson Services Inc., Procter & Gamble Company, Unilever plc, L'Oréal SA, Kimberly-Clark Corp., Colgate-Palmolive Company, Estée Lauder Companies Inc., Beiersdorf AG, L'Oréal USA Inc., Shiseido Co. Ltd., Coty Inc., Galderma Laboratories L.P., Avon Products Inc., Revlon Inc., The Hain Celestial Group Inc., St Ives, Crabtreeand Evelyn Ltd., Aveeno, Groupe Clarins, The Derma Co., Honasa Consumer Ltd., Jergens Inc., Murad LLC, Pharmaceutical Specialties Inc., La Roche-Posay Laboratoire Pharmaceutique, Avalon Natural Products Inc., EltaMD Inc., Hempz Pure Herbal Extracts, Laboratoires Dermatologiques Avene, Uprising Science Private Limited
Lotions (Including Sunscreens) Market 2024 Key Insights:
• The lotions (including sunscreens) market size is expected to see rapid growth in the next few years. It will grow to $104.21 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%.
• Rapid Growth In Millennial Population Boosts The Lotion Market
• Growing Demand For Multi-Benefit Combinations Reshapes The Cosmetics Market
• Asia-Pacific was the largest region in the lotions market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=7810&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lotions and Sunscreens: A Market Glowing with Opportunity here
News-ID: 3769626 • Views: …
More Releases from The Business Research Company
Global High-Resolution Anoscopy Market Outlook 2025-2034: Trends, Innovations, A …
The High-Resolution Anoscopy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the High-Resolution Anoscopy Market Size and Projected Growth Rate?
The market size for high-resolution anoscopy has experienced significant growth over the past few years. The market is predicted to increase from $15.03 billion…
Condyloma Acuminata Treatment Market Size Projected To Reach $2.2 Billion By 203 …
"The Condyloma Acuminata Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Condyloma Acuminata Treatment Market Size During the Forecast Period?
In the past few years, the condyloma acuminata treatment market has seen significant growth. The market value, which is anticipated to…
Household Type Fans Market Forecast 2025-2034: Comprehensive Analysis And Growth …
"The Household Type Fans Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Household Type Fans Market?
The market size for household fans has seen consistent expansion in recent years. The projections indicate an increase from $32.22 billion in 2024…
Grain Fumigants Industry Report 2025-2034: Market Dynamics, Trends, And Forecast …
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Grain Fumigants Market Size During the Forecast Period?
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This…
More Releases for Lotion
Global Protection Lotion Sunscreen Market Size by Application, Type, and Geograp …
USA, New Jersey- According to Market Research Intellect, the global Protection Lotion Sunscreen market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for protection lotion sunscreen is anticipated to expand at a compound annual growth rate (CAGR) of roughly 5.8% between 2025 and 2032.…
Firming Body Lotion Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Firming Body Lotion Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
Firming Body Lotion Market Size And Scope
The firming body lotion market has been experiencing steady growth, driven by increasing consumer awareness about skincare and…
Global Toning Lotion Market Growth 2019-2024
LP INFORMATION offers a latest published report on Toning Lotion Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Toning Lotion market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,…
Body Lotion Market Report 2018: Segmentation by Type (Dry Skin Body Lotion, Oily …
Global Body Lotion market research report provides company profile for Shiseido Company, Beiersdorf AG, Avon Products Inc., Clarins, Kao Corporation, Amore Pacific Group, Unilever PLC, LOral S.A., Procter & Gamble Co., Johnson & Johnson and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
Global Body Lotion Market Research Report 2017
Qyresearchreports include new market research report "Global Body Lotion Market Research Report 2017" to its huge collection of research reports.
Gathering and collating accurate data about the global Body Lotion market can be a hard task for companies operating in the market, due to the large volume of data about the market. Sifting through the wide-ranging information can be a tough task, which is where this market research report comes into…
Global Winter Care Lotion Market
Winter Care Lotion Market: Drivers and Restraints
Multi-channel promotion of winter care products including lotion is the major driving factor for the growth of winter care lotion market. The various brands advertise their products through the newspapers, magazines, Television and social media and that make the consumers aware about their product. This awareness among the consumers is fuelling the growth of the winter care lotion market. Increasing disposable income rising…
