Global Lotions (Including Sunscreens) Market Trends And Strategies Of Major Players In The Lotions Market 2021-2030

7 Oct, 2021

The body lotions manufacturing market consists of the sales of body lotions. Body lotions is a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic purposes or protective purposes. For example, sunscreens, a substance that protect from sun's ultraviolet (UV) radiation and thus help against sunburns.

Global Lotions (Including Sunscreens) Market Size And Drivers:

The global lotions market is expected to grow from $21.37 billion in 2020 to $24.96 billion in 2021 at a compound annual growth rate (CAGR) of 16.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $35.54 billion in 2025 at a CAGR of 9%. Rapid growth in millennial population is expected to drive the lotions (including sunscreens) market.

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Trends In The Global Lotions (Including Sunscreens) Market

The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, sun screen lotions, nail polish with UV protection and anti-aging claims are introduced into the market. Multi-benefit solutions are expected to continue to penetrate further into different categories such as hair care with anti-aging or fragrance to lipsticks with lip care.

Global Lotions (Including Sunscreens) Market Segments:
The global lotions market is further segmented –
By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Others
By Application: Men, Women, Baby
By Channel: Direct Sales, Distributor
By Geography: The global lotions market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Lotions (Including Sunscreens) Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides lotions market overviews, analyzes and forecasts market size and growth for the global lotions (including sunscreens) market, lotions (including sunscreens) market share, lotions (including sunscreens) market players, lotions (including sunscreens) market segments and geographies, lotions (including sunscreens) market’s leading competitors’ revenues, profiles and market shares. The lotions (including sunscreens) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.