Moisturizers and Creams Market Summary
Moisturizers and creams are skincare products designed to hydrate and nourish the skin. They help to maintain the skin's natural moisture balance, prevent moisture loss, and protect the skin from environmental damage. These products are commonly used to address various skin concerns, including dryness, roughness, and irritation.
According to the new market research report "Global Moisturizers and Creams Market Report 2024-2030", published by QYResearch, the global Moisturizers and Creams market size is projected to grow from USD 36,135.72 million in 2024 to USD 45,723.21 million by 2030, at a CAGR of 3.95% during the forecast period.
- Global Moisturizers and Creams MarketSize(US$ Million), 2024 vs 2030
Above data is based on report from QYResearch: Global Moisturizers and Creams Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Moisturizers and Creams Top12Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Moisturizers and Creams Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Moisturizers and Creams such as L'Oreal, The Estee Lauder Companies, Beiersdorf, Shiseido, P&G.
In 2023, the global top five Moisturizers and Creams players account for 27.67% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Moisturizers and Creams.
Market Trend:
Demand for Natural and Organic Products: There is a growing consumer preference for natural and organic skincare products, including moisturizers and creams. Consumers are increasingly seeking products formulated with plant-based ingredients, botanical extracts, and organic oils, as they perceive them to be safer and more environmentally friendly.
Focus on Hydration and Skin Barrier Repair: Hydration is a key focus in the skincare industry, and moisturizers and creams play a crucial role in maintaining skin hydration. Manufacturers are developing products with advanced hydrating ingredients such as hyaluronic acid, ceramides, and glycerin to address skin dryness and improve moisture retention. Additionally, there is a growing emphasis on repairing the skin barrier to prevent moisture loss and protect against environmental stressors.
Market Opportunities:
Innovation in Formulations and Ingredients: There is ample opportunity for skincare brands to innovate with new formulations and ingredients to address evolving consumer needs and preferences. This includes incorporating advanced skincare technologies, such as peptides, antioxidants, and vitamins, into moisturizers and creams to provide anti-aging, brightening, or hydrating benefits.
Market Restraint:
Price Sensitivity: Some consumers may be price-sensitive when purchasing skincare products, especially moisturizers and creams with premium formulations or branding. Higher-priced products may deter budget-conscious consumers from purchasing moisturizers and creams, particularly if they perceive similar benefits from more affordable options.
About QYResearch
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