Market Size of Body Care Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.23 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Body Care Products Market Analysis
Body care products market is projected to register a CAGR of 5.23% during the forecast period, 2022-2027.
Over the past few years, the demand for body creams, lotions, and powder has been growing due to the growing consumer demand for maintenance products that can help to improve personal aesthetics and hygiene. Apart from the skin and hair care routine, consumers are also shifting their focus toward hand care, as the skin on the hands constantly remains in contact with chemicals, dirt, dust, and oils, among others owing to the increased pollution.
Moreover, the increasing consumer awareness about skin rituals and the growing demand for natural and organic skincare products have been driving the growth of this market. Additionally, hand creams come with a lot of nourishing properties that protect the hands from excessive dryness, cracks, and chapping.