The modern-day document posted via Report Ocean, titled “Hand Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global hand cream market was valued at $336.2 million in 2019, and is projected to reach $655.6 million by 2027, registering a CAGR of 6.2% from 2021 to 2027. Hand cream is a moisturizing cream that falls under the category of skin care products. Hand cream is specifically meant to keep hands soft, smooth, and hydrated for a longer period of time owing to its thick consistency. Moreover, the hand cream is easily available in the market through various distribution channels including online stores, supermarkets/hypermarket, specialty store, and others. The continuous growth of online stores is expected to drive the growth of the hand cream market, in terms of value sales, during the forecast period.
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Rise in the number of working women population across the globe and increase in spending on premium skin care products boosts the market growth. Moreover, increase in consumer’s awareness regarding moisturizing hands after hand wash and sanitization further fuels the growth of the hand cream market. However, high market price of hand cream is expected to hamper the growth of the market. Nevertheless, rise in demand for skin care products with safe & sustainable ingredients and rapid growth of online retail platform are anticipated to offer immense opportunities for the market growth, in terms of value sales, during the forecast period.
The global hand cream market is segmented into product type, demographics, age group, sales channel, and region. By product type, the market is classified into repair hand cream, anti-aging hand cream, whitening hand cream, overnight cream, and others. By demographics, it is divided into male and female. By age group, it is segmented into baby boomers, millennials, generation X, and generation Z. On the basis of sales channel, it is segregated into supermarket/hypermarket, specialty stores, beauty salon, Pharma & drug store, and online Store. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Stakeholders
– This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global hand cream market from 2021 to 2027 to identify the prevailing market opportunities.
– The key countries in four major regions are mapped based on their market share.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
– Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
– The report includes the analysis of the regional as well as global market, key players, market segments, Gender areas, and growth strategies.
The key players profiled in the report include Unilever, Philosophy INC., Johnson & Johnson, Procter & Gamble, Beiersdorf, Shanghai Jahwa United Co., Ltd, Sanofi Consumer Health Inc., Henkel AG & Co. and Marks and Spencer plc.
KEY MARKET SEGMENTS
– By Product type
o Repair hand cream
o Anti-aging hand cream
o Whitening hand cream
o Overnight hand cream
o Others
– By Demographics
o Male
o Female
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– By Age-group
o Baby Boomers
o Generation X
o Millennials
o Generation Z
– By Distribution Channel
o Supermarket/Hypermarket
o Specialty store
o Beauty salon
o Pharma & Drug store
o Online store
– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? UK
? Italy
? Spain
? Russia
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? ASEAN
? Australia & New Zealand
? Korea
? Rest of Asia-Pacific
o LAMEA
? Brazil
? Saudi Arabia
? South Africa
? Turkey
? Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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