Moisturizing Cream Market Growth USD 10.99 Billion by 2028| Future Investment, Expansion Plan, Market Dynamics, Key Players & Factors Analysis
Rising skincare awareness and evolving beauty standards propel the Global Moisturizing Cream Market from 2024 to 2028.
TechSci Research's report,
“Global Moisturizing Cream Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the market reached USD 10.99 Billion in 2022
and is expected to grow at a CAGR of 7.5% during 2024-2028. This market,
nestled within the broader skincare sector, has undergone significant growth
and transformation driven by various factors and shifting consumer preferences.
A key driver of this market's
growth is the escalating skincare consciousness. Consumers globally are
increasingly mindful of skin care's significance, recognizing the impacts of
environmental factors like pollution and UV radiation, along with the natural
aging process. Consequently, there's a surging demand for premium moisturizing
creams to preserve and enhance skin health and appearance.
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The beauty industry is
evolving, shifting towards inclusivity and natural beauty ideals. There's a
growing emphasis on healthy skin over heavy makeup, driving the demand for
moisturizing creams.
Product innovation plays a key
role in shaping the global moisturizing cream market. Manufacturers are
developing formulations with natural ingredients like hyaluronic acid and
antioxidants to meet the demand for cleaner skincare.
E-commerce has transformed
skincare access, allowing consumers to explore and purchase moisturizing creams
conveniently. The online platforms have expanded product reach and empowered
consumers with information and reviews.
The convergence of beauty and
wellness promotes skincare as essential for overall well-being. Consumers seek
moisturizing creams with additional benefits like sun protection and anti-aging
properties, aligning with health goals.
The global moisturizing cream
market thrives on increasing skincare awareness, beauty standards, and wellness
trends. It offers diverse products, catering to varied consumer preferences
globally.
The market is segmented by
category (premium, mass), type (face, body moisturizers), sales channels
(hypermarkets, online, etc.), and regions (North America, Europe, Asia Pacific,
Middle East & Africa, South America).
Major companies operating in
Global Moisturizing Cream Market are:
- Johnson & Johnson Services, Inc.
- Unilever
- L’Oréal Group
- Procter & Gamble
- Coty, Inc
- ELCA Cosmetics Pvt. Ltd
- New Avon Company
- Amorepacific Corporation
- Henkel AG & Co. KGaA
- Kao Corporation
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"Customization and personalization in products emerge as significant
trends expected to impact growth in the forecasted period. Rising consumer
awareness, establishment of regulatory standards and certifications, and
changing beauty standards will positively influence the Global Moisturizing
Cream Market. With a wide range of products catering to specific needs and the
increasing popularity of online sales channels, the market is experiencing
impressive growth throughout the projected period," stated Mr. Karan
Chechi, Research Director at TechSci Research.
The report "Moisturizing
Cream Market– Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented by Category (Premium, Mass), by Type (Face Moisturizer, Body
Moisturizer), by Sales Channel (Hypermarkets/Supermarkets, Retail Stores,
Beauty Salon, Online, Others), by Region, by Competition, 2018-2028,"
assesses the future growth potential of the Global Moisturizing Cream Market.
It offers statistics and information on market size, structure, and future
growth to provide cutting-edge market intelligence and assist decision-makers
in making sound investment decisions. Additionally, the report identifies and
analyzes emerging trends, drivers, challenges, and opportunities in the Global
Moisturizing Cream Market.
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