Dublin, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The "Hand Cream Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to ResearchAndMarkets.com's offering.
The latest research publication on the global hand cream market has been added to an authoritative website, providing in-depth industry analysis, size, share, and growth trends forecasted until 2031. This comprehensive report elucidates the remarkable projected growth of the market with an estimated Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2031, supported by burgeoning skincare routines and product innovation.
According to the insightful analysis, the escalating number of working women and heightened investments in premium skincare products propels the hand cream market forward. Moreover, heightened consumer awareness about the significance of hand moisturization post-sanitation largely contributes to the market demand.
Addressing skin dryness and irritation resulting from frequent hand washing and sanitization, healthcare professionals are increasingly recommending hand creams. This is fostering a significant uptick in the adoption of hand creams enriched with healing ingredients like aloe vera, which offer deep hydration and are accompanied by the invigorating scents of natural essentials.
The publication identifies key trends set to bolster hand cream sales, emphasizing the shift towards natural and herbal compositions. These ingredients cater to consumer preferences towards environmentally friendly and organic options.
Regional Insights into Hand Cream Usage
The North American region, with the US at the forefront, is identified as a highly lucrative market. The region's industry is flourishing, driven by an expansive working population and an inclination towards high-end skincare. The pandemic's influence has also underscored the essential nature of hand care, enhancing market growth.
In Europe, hand cream has become an essential part of the bodily care routine. The European market sees consistent demand, with a concentration on products that promise intensive moisture and skin protection, mirroring the global trend towards health and hygiene consciousness.
- Key Product Segments
- Repair Hand Cream
- Whitening Hand Cream
- Others
- Market Outlook by End-User
- Female
- Male
- Diverse Price Range Categories
- Under $25
- $25-$50
- Above $50
- Sales Channel Overview
- Supermarkets/Hypermarkets
- Specialty Stores
- Wholesalers/Distributors
- Online Retailers
- Beauty Salons
- Convenience Stores
- Pharmacies & Drug Stores
- Geographical Market Segmentation
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East and Africa
The substantial database captured in this latest research helps in demystifying the hand cream market dynamics and serves as a decision-making repository for stakeholders in the global industry.
For more information about this report visit https://www.researchandmarkets.com/r/8po622
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