The growing popularity of skincare routines is primarily driving the worldwide hand cream market. Hand creams simply smooth, rehydrate, and soften the skin. The development of constantly evolving and unpredictable products has a significant impact on the hand ointment industry. Leading market players are therefore concentrating on creating hand ointment versions using natural ingredients to appeal to a variety of customer groups worldwide. Persistence Market Research’s most recent study predicts a CAGR of 5.0% for the hand ointment market between
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What is Driving Demand for Hand Cream?
- The market is growing due to an increase in the number of working women around the world and an increase in expenditure on high-end skin care products. Furthermore, rising consumer awareness of the importance of moisturizing hands after hand washing and sanitization is propelling the hand ointment market forward.
- Apart from that, a key element driving the growth of the hand ointment market is the rising trend of frequent hand washing to avoid infections. Hand washing is one of the most effective strategies to prevent the spread of deadly viruses, as hands are responsible for delivering the majority of bacteria into our respiratory system.
- Although hand washing and the use of harsh sanitizers are both necessary for preventing the transmission of the virus, they can have a negative impact on the skin, creating dry, cracked, and irritated hands.
- As a result, doctors advise utilizing hand lotions to keep the hands nourished, relieve any dry areas, and reduce skin irritation. As a result, the drying of hands of frequent hand-washing is predicted to propel the hand ointment market forward.
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Europe Demand Outlook for Hand Cream Market
Many German consumers use hand ointment on a regular basis, and it is one of the most often used body care items. Both at home and at work, it’s common to find a tube within easy reach. Apart from that, increased health concerns and diseases are causing Europeans to become more interested in personal health and hygiene, prompting them to use hand lotion.
For example, Beiersdorf AG’s Nivea brand offers a hand care cream that is dermatologically evaluated and authorized and intensively hydrates, nourishes, and protects the skin from rough, dry feeling.
Who are the Key Manufacturers and Suppliers of Hand Cream?
Some of the leading manufacturers and suppliers of hand ointment include
- Beiersdorf AG
- Unilever Plc
- Johnson & Johnson
- Australian Native Botanicals
- Shiseido Company Limited
- Sanofi Consumer Health Inc.
- Marks and Spencer plc
- Fresh Inc.
- Philosophy Inc.
- Sephora USA Inc.
- The English Soap Company
- Glossier Inc.
- Burt’s Bees
- Jahwa
- Mitsuwa Health
- Nihon Kolmar Co. Ltd.
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