Moisturizing Cream Market Scenario
Market Research Future (MRFR) study reveals that the Moisturizing Cream global Market 2023 is likely to rise at 7.4 % CAGR across the analysis period 2022 to 2030. The Moisturizing Cream global Market value can be at USD 19,193.5 million by 2030.
The increase in cases of skin dryness is creating a surge in the demand for moisturizing creams. The increased sales of moisturizing creams are expected to support the expansion of the market during the analysis period. The rise in incidence of skin dehydration in the growing geriatric base is expected to boost the growth of the moisturizing cream market in the years to come. In addition, increased awareness about the widespread application of moisturizing creams for tissue repair, skin treatment, and anti-ageing properties, among others, is expected to support the expansion of the market in the near future. The availability of online supplies for moisturizing cream is likely to support the expansion of the market during the review period. At the same time, altering trends across the beauty industry can support the expansion of the market for moisturizing creams in the forecast period.
Beiersdorf AG (Germany), Shiseido Company (Japan), Johnson & Johnson Services, Inc. (US), Benefit Cosmetics LLC (US), Mario Badescu Skin Care, Inc. (US), The Clorox Company (US), Kao Corporation (Japan), Innisfree Corporation (South Korea), Galderma Laboratories, L.P. (US), The Procter & Gamble Company (US), Unilever PLC (UK), the Face Shop Co., Ltd. (South Korea), Borghese (Italy), The Estée Lauder Companies Inc. (US), and L'Oréal S.A. (France) are some reputed moisturizing cream key market players as listed by MRFR.
The segment assessment of the global market for moisturizing cream is done by consumer group, type, category, and distribution channel.
The type-based moisturizing cream market research report segments are ceramides, emollients, occlusives, and humectants, among others. In the years ahead, the emollient-based segments can contribute largely to the annual turnover of the moisturizing cream market.
The category based segments of the moisturizing cream market overview are premium and mass. The mass segment can earn high revenue for the worldwide market through the review period.
The consumer group based, the moisturizing cream global market segments are adult and children. The surge in adult consumers of moisturizing creams can have a positive impact on the market in the years ahead.
The distribution channel based, the moisturizing cream global market segments are non-store- based and store-based. The store-based segments are convenience stores, supermarkets, and hypermarkets, among others. The store-based segment can earn significant revenue, while the non-store-based segment is likely to thrive at a high growth rate across 2022 and 2030.
North America, APAC, EU, and the rest of the world are regions across which the moisturizing cream market was spread during the review period. In North America, the dry weather often results in skin dehydration in different people in this region. The growing demand for moisturizing cream to cure skin dryness is boosting its sales. This is expected to support the expansion of the moisturising cream market in the region. The US is likely to earn high profits for the regional market across the analysis period. In Europe, the moisturizing cream market is expected to generate a substantial amount of revenue due to the presence of a robust consumer goods distribution channel. The UK, followed by France and Germany, is observed to contribute significantly to the rise of the Asia Pacific moisturizing cream market in the years to come. In APAC, the rising e-commerce sector can support the expansion of the moisturizing cream market across the review period.
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