Market Research Future (MRFR) study reveals that the Moisturizing Cream global Market 2020 is likely to rise at 3.9% CAGR across the analysis period 2019 to 2024. The Moisturizing Cream global Market value can be at USD 16.8 billion by 2024. The increase in cases of skin dryness is creating surge in the demand for moisturizing creams. The increased sales of moisturizing creams is expected to support the expansion of the market in the analysis period. The rise in incidence of skin dehydration in the growing geriatric base is expected to boost the growth of the moisturizing creams market in the years to come. In addition, the increased awareness about widespread application of moisturizing creams, such as tissue cuts repair, skin treatment, and anti-aging property 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 in the review period. At the same time, altering changes across the beauty industry can support the expansion of the market of moisturizing cream 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 companies name in the moisturizing cream market as listed by MRFR.
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The segment assessment of the moisturizing cream global market is done by consumer group, type, category, and distribution channel.
The type based, moisturizing cream market segments are ceramides, emollients, occlusive, and humectants, among others. The emollients-based segments can contribute largely to the annual turnover of the moisturizing cream market in the years ahead.
The category-based segments of the moisturizing cream market 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 cast 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, and supermarkets and hypermarkets among others. The store-based segment can earn significant revenue, while non-store-based segment is likely to thrive at a high growth rate across 2019 to 2024.
North America, APAC, EU, and the rest of the world are regions across which the moisturizing cream industry for the review period. In North America, the dry weather often results in skin dehydration by 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 moisturizing 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 value at a substantial amount due to the presence of robust consumer goods distribution channel. The UK, followed by France and Germany are 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 industry across the review period.
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