Global Body Lotion Market Size To Worth USD 89.34 Billion By 2033 | CAGR of 4.27%
Category: Consumer GoodsGlobal Body Lotion Market Size To Worth USD 89.34 Billion By 2033 | CAGR of 4.27%
According to a research report published by Spherical Insights & Consulting, the Global Body Lotion Market Size is Expected to Grow from USD 58.83 Billion in 2023 to USD 89.34 Billion by 2033, at a CAGR of 4.27% during the forecast period 2023-2033.
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Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Body Lotion Market Size, Share, and COVID-19 Impact Analysis, By Type (Dry Skin, Oily Skin, Normal Skin, Sensitive Skin, and Others), By Category (Men, Women, and Baby), By Distribution Channel (Supermarket and Hypermarket, Specialty Store, Online Channel, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/body-lotion-market
Body lotions are low-viscosity liquids that moisturize and hydrate the skin. Body lotions have a variety of applications, including protection, health care, and cosmetics. The body lotion market provides a wide range of skin-nourishing and skin-moisturizing products to cater to the diverse needs of its clientele. This market offers products from many brands, including natural, organic, and personalized formulae. Consumers want makeup suggestions that take care of their specific problems and keep their skin looking healthy, hydrated, and young. The younger the population, the greater the demand for anti-aging body creams. An elevation in skin-related problems attributed to factors such as increased pollution, hectic lifestyles, and urbanization. The market for body lotions is driving the tastes and purchasing habits of younger consumers. However, due to non-sustainable components and wasteful packaging, the body lotion market is restricted, which puts pressure on firms to investigate eco-friendly and sustainable procedures.
The dry skin segment is predicted to hold the greatest market share through the forecast period.
Based on the type, the body lotion market is classified into dry skin, oily skin, normal skin, sensitive skin, and others. Among these, the dry skin segment is predicted to hold the greatest market share through the forecast period. The body lotion for dry skin is intended for those with dry, flaky, and devoid of moist skin. These lotions could include oils, shea butter, cocoa butter, and glycerine among other substances.
The women segment is predicted to hold the greatest market share through the forecast period.
Based on the category, the body lotion market is classified into men, women, and baby. Among these, the women segment is predicted to hold the greatest market share through the forecast period. Women are a major consumer group that sets trends, which forces companies to adapt and meet their changing skincare demands in this cutthroat beauty market.
The supermarket and hypermarket segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the distribution channel, the body lotion market is divided into supermarkets and hypermarkets, specialty stores, online channels, and others. Among these, the supermarket and hypermarket segment is anticipated to hold the greatest market share during the projected timeframe. Supermarkets and hypermarkets are growing their product lines to match these trends and setting aside specific aisles for specialized and organic body lotions to satisfy changing customer demands.
Europe is estimated to hold the largest share of the body lotion market over the forecast period.
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Europe is estimated to hold the largest share of the body lotion market over the forecast period. More than one-third of the global body lotion market's revenue is generated in Europe. The need for multipurpose body lotions with added advantages like anti-aging or sun protection, as well as a rise in customer awareness of skincare regimens, are noteworthy trends.
Asia Pacific is predicted to have the highest CAGR growth in the body lotion market over the forecast period. The desire for customized and regionally specific formulae that satisfy the wide range of cultural preferences of the customer base is driving the Asia-Pacific body lotion market.
Major key players in the body lotion market include Johnson & Johnson Services, Inc., Revlon, Inc., Beiersdorf AG, Avon Products, Inc, Coty Inc., Cetaphil, Neutrogena Corporation, L'Oréal SA, Oriflame Cosmetics Global SA, The Estee Lauder Companies Inc., Groupe Clarins, Galderma S.A., The Procter & Gamble Company, Hindustan Unilever Limited, and Others.
Recent Developments
- In November 2023, In support of its line of chocolate body lotions a wintertime necessity mCaffeine launched its newest ad, "Irresistibly Smooth." By stressing a sensory experience, the advertisement deviates from the traditional approach of presenting lotions as a product for pampering sessions.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the body lotion market based on the below-mentioned segments:
Global Body Lotion Market, By Type
- Dry Skin
- Oily Skin
- Normal Skin
- Sensitive Skin
- Others
Global Body Lotion Market, By Category
- Men
- Women
- Baby
Global Body Lotion Market, By Distribution Channel
- Supermarket and Hypermarket
- Specialty Store
- Online Channel
- Others
Global Body Lotion Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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