Hand Cream Market Size

SkyQuest Technology's Hand cream market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Hand Cream Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Hand Cream Market Insights

Global Hand Cream Market size was valued at USD 440.13 million in 2023 and is poised to grow from USD 465.66 million in 2024 to USD 731.06 million by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

Hand cream is a body care product made up of using water, triethanolamine, propylene glycol, stearic acid, methyl stearate, lanolin, and mineral oil. It helps to prevent dryness, fight the indications of premature aging, increase moisture levels and skin smoothness, and protect against UV exposure, which promotes cracking and pigmentation. It also helps to reduce the clinical symptoms of irritant contact dermatitis, and its sales are increasing worldwide. The hand cream is easily available in the market through various distribution channels including online stores, supermarkets, and specialty stores. The increasing habit of frequent hand washing to avoid infections is one of the best ways to reduce COVID-19 transmission. Therefore, doctors recommend using hand creams that help keep the hands nourished, and minimize irritation of the skin.

The increase in the number of working women worldwide and the increase in spending on premium skin care products are driving market growth. Also, increasing consumer awareness about moisturizing hands after hand washing and sanitization is helping in the growth of the hand cream market. Growing demand for skin care products with safe and sustainable ingredients, with the rapid expansion of online retail platforms is expected to expand the market. The high market price of hand cream is expected to hamper the market growth. The availability of counterfeit products is a major challenge for the expansion of the hand cream market. Many users do not know that the product they are using is a counterfeit product. Because of counterfeit products, retailers and distributors lose faith in reputable companies. Consequently, the availability of fake products is expected to hamper the growth of the hand cream market.

US Hand Cream Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Hand Cream Market size was valued at USD 440.13 million in 2023 and is poised to grow from USD 465.66 million in 2024 to USD 731.06 million by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

Global hand cream market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global hand cream market. For example, Purell, a GOJO Industries, Inc. brand, launched a green hand sanitizer made with plant-based ethanol and sold in a recyclable PET plastic container, while Amway India launched a liquid hand wash -Persona Germ Protection and Moisturizing, which is free of commonly used preservatives such as sulphate, and paraben. 'Unilever PLC (United Kingdom) ', 'Johnson & Johnson (United States) ', 'Procter & Gamble Company (United States) ', 'Beiersdorf AG (Germany) ', 'L'Oreal S.A. (France) ', 'The Estee Lauder Companies Inc. (United States) ', 'Shiseido Company, Limited (Japan) ', 'Coty Inc. (United States) ', 'Kao Corporation (Japan) ', 'Henkel AG & Co. KGaA (Germany) ', 'L'Occitane Groupe S.A. (Luxembourg) ', 'Natura & Co (Brazil) ', 'Sanofi (France) ', 'Revlon, Inc. (United States) ', 'Pierre Fabre S.A. (France) ', 'Shanghai Jahwa United Co., Ltd. (China) ', 'Marks and Spencer Group plc (United Kingdom) ', 'The Clorox Company (United States) ', 'Sephora USA, Inc. (United States)'

Around 39% of the world's working population is women. The growing population of working women is the major factor driving the growth of the market. Women are major consumers of hand cream products and working women also lead the purchasing power of expensive and premium hand cream products.

A key trend in the hand cream market is the use of beneficial ingredients such as herbs and essential oils to heal and regenerate the skin. A hand cream with 50-60% aloe vera gel provides deep moisture to the skin for comfortable and soft hands. This cream can be applied to important dry skin areas like knees and elbows to restore dry and damaged skin. The delicate fragrance released by these natural ingredients encourages repeated use of this aloe vera hand cream. Using natural ingredients in hand creams is a major trend in the global hand cream market.

The Asia Pacific accounted for the highest market share of global hand cream market. Asia Pacific is predicted to be the fastest-growing regional market for hand cream during the forecast period. This is due to the increasing demand for skin care products and the presence of several hand cream manufacturers in the region. Also, the increasing habit of frequent hand washing to avoid infections is one of the best ways to reduce COVID-19 transmission. Furthermore, the growing consumer disposable incomes and the rising living standards are also favourable factors for regional market growth.

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Global Hand Cream Market
Hand Cream Market

Report ID: SQMIG30L2143

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