USD 10.12 billion
Report ID:
SQMIG25A2171 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
89
|Figures:
76
Moisturizing Cream Market size was valued at USD 10.57 Billion in 2023 and is poised to grow from USD 11.04 Billion in 2024 to USD 15.68 Billion by 2032, growing at a CAGR of 4.48% during the forecast period (2025-2032).
The global market for moisturizing cream within the skincare product sector is experiencing a notable surge, primarily propelled by escalating skin-related concerns among consumers and the expanding beauty and personal care industry. Numerous brands within this industry are directing substantial research and development endeavors towards introducing innovative and diverse moisturizers tailored to address various skin issues. This concerted effort stimulates a growing consumer interest in investing in products that effectively maintain skin health.
Additionally, the burgeoning beauty industry, characterized by evolving trends, is fostering a heightened demand for inventive skincare offerings. Consequently, driven by these factors, the moisturizing cream market is anticipated to witness accelerated growth rates over the forecast period.
Global Market Size
USD 10.12 billion
Largest Segment
Body Moisturizer
Fastest Growth
Growth Rate
4.48% CAGR
To get more reports on the above market click here to Buy The Report
The global Moisturizing Cream market is segmented into various segments. Based on Type, it is divided into Face Moisturizer, Body Moisturizer. Based on Form, it is divided into Cream, Lotion, Gel. Based on End-user, it is divided into Men, Women, Infant & Kids. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Analysis by End-User
The primary consumer base for moisturizing products remains women, projected to retain the largest market share throughout the forecast period. Nevertheless, there's a notable and promising trend emerging in the men's segment attributed to the rising popularity of dedicated beauty care routines among men. This shift signifies a growing interest among men in skincare regimens, contributing to the promising growth of the market.
The infant & kids segment holds a crucial position within the moisturizing cream market, catering specifically to the unique skin care needs of children and infants. Formulated with gentle and hypoallergenic ingredients, products in this segment prioritize safety and effectiveness for delicate and sensitive skin. These moisturizers aim to soothe and protect young skin, addressing common issues such as dryness, irritation, and mild skin conditions.
Analysis by Type
The face moisturizer segment stands as the dominant force within the market, commanding the largest share. Consumers exhibit a preference for moisturizing products that seamlessly integrate into their daily skincare rituals and offer easy application. The face is a highly visible part of the body, it garners special attention from consumers who prioritize the protection and maintenance of facial skin health.
Body moisturizers play a pivotal role in the expansive moisturizing cream market, offering comprehensive skincare solutions beyond facial care. These products are designed to hydrate and nourish the skin across the body, addressing dryness, flakiness, and maintaining skin suppleness. Body moisturizers commonly incorporate a blend of emollients, humectants, and occlusives, operating synergistically to optimize skin hydration and fortify its protective capabilities. Emollients contribute by smoothing and softening the skin, while humectants attract and retain moisture, preventing dehydration and enhancing suppleness.
To get detailed analysis on other segments, Request For Free Sample Report
North America emerges as one of the swiftly expanding regions in the global market, poised for substantial product demand in the coming years. This upward trajectory is driven by an increasing consumer inclination towards personal care items made from natural ingredients, aligning with the prevailing trend favoring natural materials in various beauty formulations. A significant instance of this trend surfaced in January 2023 when Josie Maran, a prominent U.S.-based cosmetics brand, expanded its skincare range by introducing the Pro-Retinol Mega Moisture Face Cream, an anti-aging product.
The Asia Pacific is projected to exhibit the fastest CAGR during the forecast period spanning 2023 to 2030. This accelerated growth primarily stems from the surging market demand for moisturizing products, prominently observed in the escalating popularity across China and India. Moisturizing creams and lotions have evolved into indispensable elements of skincare routines within these regions, reflecting widespread adoption driven by consumer preferences for skincare.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Rising Spending on Beauty Products to Favor Market Expansion
Restraints
Stringent Regulations
Request Free Customization of this report to help us to meet your business objectives.
The competitive environment of the Global Moisturizing Cream Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Moisturizing Cream market analysis well-known shows a dynamic marketplace with a number of standout developments and difficulties. The skincare landscape is undergoing significant expansion due to heightened consumer awareness regarding skincare products and a consistent surge in personal care companies. These factors serve as pivotal drivers propelling market growth, fostering an environment where skin concerns are increasingly addressed through innovative product offerings. This trend is fueled by informed consumers seeking effective solutions, contributing to the steady expansion of the skincare industry.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 10.12 billion |
Market size value in 2031 | USD 15.01 billion |
Growth Rate | 4.48% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Moisturizing Cream Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Moisturizing Cream Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Moisturizing Cream Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Moisturizing Cream Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25A2171
sales@skyquestt.com
USA +1 351-333-4748