Hand Cream Market 2024 | Size, Demand, Industry Trends & Forecast by 2032

IMARC Group, a leading market research company, has released a report titled “Hand Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global hand cream market size reached US$ 440.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 617.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028.

Hand cream is a moisturizing skincare product designed specifically for the hands. It is formulated to provide hydration, nourishment, and protection to the skin on the hands. It contains a combination of ingredients such as water, emollients like oils or butter, humectants to retain moisture, and sometimes additional elements like vitamins or antioxidants. The primary purpose of hand cream is to combat dryness and prevent the skin on the hands from becoming rough, cracked, or chapped. Daily use of hand creams can help maintain the skin’s natural moisture balance and prevent environmental factors, like cold weather or frequent hand washing, from causing damage. They are available in various formulations, including those tailored for specific skin types or concerns, such as sensitive skin or anti-aging. Applying hand cream regularly can leave your hands feeling soft, smooth, and well-cared-for. As a result, hand cream is gaining immense traction across the globe as an essential part of any skincare routine.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/hand-cream-market/requestsample

Hand Cream Market Trends and Drivers:

The global hand cream market is primarily driven by the increasing emphasis on personal hygiene, especially during global health concerns. Hand creams help combat dryness and skin irritation caused by frequent handwashing and sanitizing. Additionally, the growing awareness of the importance of skincare as a part of overall health and wellness has accelerated the adoption of hand creams. Apart from this, several innovations in hand cream formulations, including organic and natural ingredients, anti-aging properties, and sun protection, have catalyzed market growth. Besides this, rising disposable income levels in emerging markets are propelling market growth, as consumers in these regions are increasingly investing in personal care products. Moreover, the rapid expansion of e-commerce platforms that make hand creams more accessible, allowing consumers to explore a wider range of product options, is another major growth-inducing factor. Furthermore, the development of eco-friendly and cruelty-free hand creams that align with the preferences of environmentally conscious consumers owing to the shifting trend toward sustainability is contributing to market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

• Repair Hand Cream
• Anti-Aging Hand Cream
• Whitening Hand Cream
• Overnight Hand Cream
• Others

Breakup by Age Group:

• Generation X
• Baby Boomers
• Millennials
• Generation Z

Breakup by Demographic:

• Male
• Female

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Pharma and Drug Stores
• Online Store
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• Australian Native Botanicals
• Beiersdorf AG
• Coty Inc.
• Glossier Inc.
• Johnson & Johnson
• Marks and Spencer plc

• Sanofi S.A.
• Shiseido Company Limited
• The Clorox Company
• The Procter & Gamble Company
• Unilever plc.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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