Home > Consumer Goods & Services > Personal Care > Skin Care > Hand Cream Market

Hand Cream Market Share

Report ID: GMI11564
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Hand Cream Market Share

The market, with prominent players, such as L'Oréal S.A., LVMH - Sephora, Unilever PLC, Coty Inc. and The Estée Lauder Companies Inc, holds a market share of ~25%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Hand Cream Market Companies

Major players operating in the hand cream industry include:

Avon Products, Inc.
Beiersdorf AG
Clarins
Colgate-Palmolive Company
Coty Inc.
Johnson & Johnson
Kao Corporation
L'Oréal S.A.
LVMH - Sephora
Procter & Gamble Co.
Revlon Inc.
Shiseido Company, Limited
The Body Shop
The Estée Lauder Companies Inc.
Unilever

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The hand cream industry was valued at USD 842.9 million in 2023 and is projected to grow significantly, registering a CAGR of 6.1% from 2024 to 2032, driven by increased consumer awareness of hand hygiene and the importance of moisturization.

In 2023, the Natural product segment generated USD 526.7 million and is expected to grow at a CAGR of 6.2% from 2024 to 2032, fueled by consumer preference for natural and organic ingredients over synthetic options. shopping.

In 2023, the Online distribution channel accounted for 62.6% of the market share, expected to grow at a CAGR of 6.2% from 2024 to 2032, due to increased convenience and consumer confidence in online shopping.

North America accounted for approximately USD 165.4 million of the market share in 2023 and is expected to grow at a CAGR of 6.0% from 2024 to 2032, driven by the self-care trend and a demand for premium hand creams with effective ingredients like hyaluronic acid.

Major players in the market include Avon Products, Inc., Beiersdorf AG, L'Oréal S.A., Johnson & Johnson, Procter & Gamble Co., and Unilever, among others.