Global Body Lotion Market Insights Forecasts to 2033

• The Global Body Lotion Market Size was Valued at USD 58.83 Billion in 2023
• The Market Size is Growing at a CAGR of 4.27% from 2023 to 2033
• The Worldwide Body Lotion Market Size is Expected to Reach USD 89.34 Billion by 2033
• Asia Pacific is Expected to Grow at the fastest CAGR during the forecast period.

The Global Body Lotion Market Size is Anticipated to Exceed USD 89.34 Billion by 2033, Growing at a CAGR of 4.27% from 2023 to 2033.  

Market Overview

Low-viscosity liquids called body lotions hydrate and moisturize the skin. There are several uses for body lotions, such as protection, medical care, and cosmetics. The varied needs of customers, the body lotion market offers a broad variety of products that are intended to nourish and moisturize the skin. Products from different brands, such as natural, organic, and customized formulas, are available in this market. Growing disposable money, changing consumer lifestyles, and growing knowledge of skincare are major factors driving the market growth. The market for body lotion rising awareness of personal grooming maintaining personal hygiene involves keeping one's body clean, odor-free, well-groomed hair and nails, and properly characterized. The aging population, growing disposable incomes, successful marketing and advertising efforts, growing knowledge of the value of skincare, and the expansion of the beauty and cosmetic industries are all factors driving the body lotion market.       

Report Coverage

This research report categorizes the body lotion market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the body lotion market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the body lotion market.

Driving Factors

Customers seek out cosmetics ideas that address their particular issues and maintain the health, hydration, and youthful appearance of their skin. The need for anti-aging body lotions is rising as the population becomes younger. The rise in pollution, busy schedules, and urbanization of lives have contributed to an increase in skin-related issues. These elements lead to stressed and dry skin, which increases the need for body lotions. Growing disposable incomes, shifting lifestyles, and rising consumer awareness are all driving the market's continuous expansion for body lotions. Body lotions with specific skincare advantages, hydration, and nourishment are becoming more and more in demand.

Restraining Factors

Government agencies' strict rules governing the use of specific substances in cosmetic formulations are anticipated to serve as a major market restraint. Due to these substances are hazardous and can cause a variety of skin problems, their usage is restricted.

Market Segmentation

The body lotion market share is classified into type, category, and distribution channel.  

• The dry skin segment is estimated to hold the largest market revenue share through the projected 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 estimated to hold the largest market revenue share through the projected period. Body lotions containing hydrating and moisturizing chemicals like ceramides and hyaluronic acid, are increasingly being utilized to treat dry skin conditions.    

• The women segment is estimated to hold the largest market revenue share through the projected period.

Based on the category, the body lotion market is classified into men, women, and baby. Among these, the women segment is estimated to hold the largest market revenue share through the projected period. Women's body lotions, which can include fruity or floral scents, address issues with aging, dryness, and firmness in the skin.    

• The supermarket and hypermarket segment is anticipated to hold the largest market share through the forecast period.

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 largest market share through the forecast period. Supermarkets and hypermarkets are increasing the range of products they offer in line with these trends and establishing specialty and organic body lotion departments to satisfy changing customer demands.     

Regional Segment Analysis of the Body Lotion Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the body lotion market over the predicted timeframe.

Europe is anticipated to hold the largest share of the body lotion market over the predicted timeframe. Europe accounts for about one-third of the global income generated by the body lotion market. Notable trends in this region include the growing demand for multipurpose body lotions with extra benefits like anti-aging or sun protection, as well as an increase in consumer knowledge of skincare routines.   

Asia Pacific is expected to grow at the fastest CAGR growth of the body lotion market during the forecast period. The Asia-Pacific body lotion market is characterized by a rise in demand for customized and regionally specialized formulas that cater to the diverse cultural preferences of the consumer base.     

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the body lotion market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In November 2023, the collection of chocolate body lotions, mCaffeine launched its newest "Irresistibly Smooth," in support of its winter staples. Instead than presenting lotions as a product for spa treatments, such is typical, the marketing places a focus on a warm experience.

• In September 2023, SkinQ, a certified dermatologist-formulated brand known for its Made Safe Certified active solutions, has launched its latest product, the Smooth and Bright Body Lotion. This launch signifies SkinQ's expansion into the highly competitive body care sector.

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