Global Hair Preparations Market

The hand cream and hand lotion market consist of sales of hand creams and hand lotions and related services. Hand cream and hand lotion are a topical formulation with low to medium viscosity, intended for unbreakable skin application. Many lotions, especially hand lotions and body lotions, are developed simply to smooth, rehydrate and soften the skin. The main types of hand cream and hand lotion are moisturizing hand lotion, protective hand lotion, repair hand crème and others. Hand lotion with moisturising properties is a liquid that users apply to the hands to make them feel smoother and softer. The different applications include adult, baby and distributed through various channels such as supermarket or hypermarket, speciality store, beauty salon, pharma and drug store, online store. The global hand cream and hand lotion market size is expected to grow from $5.73 billion in 2021 to $6.43 billion in 2022 at a compound annual growth rate (CAGR) of 12.31.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while 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 hand cream and lotion market is expected to reach $9.33 billion in 2026 at a CAGR of 9.8%. The increasing habit of frequent hand washing to avoid infections is a key factor driving the growth of the hand lotion and hand cream market. Washing hands regularly and thoroughly is one of the best ways to reduce COVID-19 transmission, as hands are responsible for bringing most bacteria into our respiratory system. Although hand washing and the use of harsh sanitizers are both essential to reduce the spread of the virus, they can have an adverse effect on the skin, causing the hands to feel dry, cracked and sore. Therefore, doctors recommend using hand creams that help maintain the hands nourished, soothe any dry areas and minimize irritation of the skin. Therefore, the drying of hands owing to frequent hand-wash is expected to drive the growth of the hand cream and hand lotion market. The presence of counterfeit products is a key factor hampering the growth of the hand cream and hand lotion market. Since many users are unaware that the product, they are using is a counterfeit, the user will blame the authentic company if the take-off item stops working properly, or it quickly falls apart, or it doesn't meet their expectations. Retailers, distributors and other organizations that work with companies frequently lose trust in reputable companies because of counterfeiters' actions. More than $31.76 billion was lost annually by counterfeit goods throughout the fashion industry alone each year, and this issue extends to a multitude of industries. Therefore, the presence of counterfeit products is expected to hinder the growth of the hand cream and hand lotion market. The hand creams that contain healthy ingredients such as herbs and essential oils that cure and rebuild skin is a key trend in the hand cream and hand lotion market. For instance, the aloe-based hand repair creams made with 60% aloe gel provides deep moisture to the skin for comfortable and soft hands. This cream repairs dry and broken skin and can also be applied to key dry areas of the skin such as knees and elbows. The subtle scent that these natural ingredients leave behind also attracts the use of this cream more frequently. In June 2019, Unilever, a London-based consumer good company acquired Tatcha LLC for $500 million. Through this acquisition, Unilever is widening its portfolio. Tatcha joins brands such as Murad, Dermalogica, REN Clean Skincare, Kate Somerville, Living Proof and Hourglass as part of Unilever's portfolio. Tatcha LLC is a Japanese anti-aging skincare company. Major players in the hand cream and hand lotion market are Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, and Suave?. The regions covered in the hand cream and hand lotion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hand cream and hand lotion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global hand cream and hand lotion market is segmented - 1) By Type: Moisturising Hand Lotion, Protective Hand Lotion, Repair Hand Crème, Others 2) By Application: Adult, Baby 3) By Distribution Channel: Supermarket/Hypermarket, Speciality Store, Beauty Salon, Pharma and Drug Store, Online Store

The toiletries market consists of sales of toiletries by entities (organizations, sole traders, or partnerships) that prepare, blend, compound, and package toilet preparations. The main types of toiletries are lotions (including sunscreens), hair preparations, face creams, perfumes, shaving preparations, and other types. Lotions are a liquid preparation for cosmetic or external medicinal use. The preferences are mass, and premium. The gender is male and female. The distribution channels are hypermarkets/supermarkets, e-commerce, pharmacy stores, and other distribution channels. The global toiletries market size is expected to grow from $275.69 billion in 2021 to $305.91 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global toiletries market size is expected to grow to $457.59 billion in 2026 at a CAGR of 10.6%. The aging population is expected to be a growth driver for the toiletries market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletries market going forward. Strict regulations by government agencies on the use of certain ingredients in manufacturing cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and possible skin diseases due to their use. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. Companies are focusing on the manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are products focused on consumer hygiene and beatification. Companies are producing products with a high rate of transparency in ingredients, packaging, and sustainability as the end-users are opting healthy lifestyle. Natural and Organic Products are obtained from plant extracts, vegetables, and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron, and chromium and are eco-friendly. For instance, in March 2021, Maybelline and Lancôme maker L’Oréal aims to derive nearly all its ingredients from renewable plant sources and abundant minerals by 2030, as demand for organic and environmentally-friendly cosmetics grows. Major companies in the toiletries market include L'Oreal SA, Unilever plc, The Estée Lauder Companies Inc, Procter & Gamble, Shiseido Company Limited, Beiersdorf AG, Kao Corporation, Johnson & Johnson, Colgate-Palmolive co, and Coty Inc. Asia Pacific was the largest region in the toiletries market in 2021. Western Europe was the second-largest region of the global toiletries market. The regions covered in the global toiletries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the toiletries market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global toiletries market is segmented - 1) By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations 2) By Preference: Mass, Premium 3) By Sex: Male, Female 4) By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Others

The toiletries market consists of sales of toiletries by entities (organizations, sole traders, or partnerships) that prepare, blend, compound, and package toilet preparations. The main types of toiletries are lotions (including sunscreens), hair preparations, face creams, perfumes, shaving preparations, and other types. Lotions are a liquid preparation for cosmetic or external medicinal use. The preferences are mass, and premium. The gender is male and female. The distribution channels are hypermarkets/supermarkets, e-commerce, pharmacy stores, and other distribution channels. The global toiletries market size is expected to grow from $275.69 billion in 2021 to $305.91 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global toiletries market size is expected to grow to $457.59 billion in 2026 at a CAGR of 10.6%. The aging population is expected to be a growth driver for the toiletries market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletries market going forward. Strict regulations by government agencies on the use of certain ingredients in manufacturing cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and possible skin diseases due to their use. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. Companies are focusing on the manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are products focused on consumer hygiene and beatification. Companies are producing products with a high rate of transparency in ingredients, packaging, and sustainability as the end-users are opting healthy lifestyle. Natural and Organic Products are obtained from plant extracts, vegetables, and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron, and chromium and are eco-friendly. For instance, in March 2021, Maybelline and Lancôme maker L’Oréal aims to derive nearly all its ingredients from renewable plant sources and abundant minerals by 2030, as demand for organic and environmentally-friendly cosmetics grows. Major companies in the toiletries market include L'Oreal SA, Unilever plc, The Estée Lauder Companies Inc, Procter & Gamble, Shiseido Company Limited, Beiersdorf AG, Kao Corporation, Johnson & Johnson, Colgate-Palmolive co, and Coty Inc. Asia Pacific was the largest region in the toiletries market in 2021. Western Europe was the second-largest region of the global toiletries market. The regions covered in the global toiletries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the toiletries market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global toiletries market is segmented - 1) By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations 2) By Preference: Mass, Premium 3) By Sex: Male, Female 4) By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Others

The perfumes manufacturing market consists of the sales of perfumes. Perfume is a mixture of fragrant essential oils or aroma compounds, fixatives, and solvents that give a pleasant scent to the human body, animals, food, objects, and living spaces. The main products of perfumes are mass and premium perfumes. Premium perfumes are unique perfumes that have got long-lasting fragrances. Perfumes are used by men and women and are distributed through offline and online channels. The global perfumes market size is expected to grow from $62.91 billion in 2021 to $71.19 billion in 2022 at a compound annual growth rate (CAGR) of 13.2%. The global perfume market size is expected to grow to $114.98 billion in 2026 at a CAGR of 12.7%. Rapid growth in the millennial population is expected to drive the growth of the perfumes market. As of 2020, there were 1.8 billion millennials globally. Young people tend to spend more than old on cosmetics, to improve looks and quality of life. Millennials are the largest potential purchasing community of cosmetics in 2019, accounting for around 32% of the world's population, compared to 17 percent for those over 55 years of age. By 2025, millennials are expected to constitute nearly three-quarters of the global workforce. As millennials will represent a large part of the global workforce and play a major role in driving the current economy, their preferences and shopping habits will be an important driving factor for the perfumes market. Counterfeits are made to look like known brands; consumers find it difficult to distinguish genuine products from counterfeit products, thereby damaging the brand's reputation and devaluing the investment made by the brand, resulting in loss of revenues. For instance, statistics published by the European Commission states that over 40 million counterfeit articles were confiscated. Therefore, rising instances of counterfeiting limit the growth of the perfumes market. There is a growing preference by consumers for natural fragrances in the perfumes market. According to the survey conducted by Kari Gran, 75% of millennial women prefer buying natural product and 44% prefer natural ingredient perfumes. Perfume manufacturing companies are focusing on the development of natural fragrances for perfumes due to rising concerns of allergic reactions and toxins in synthetic ingredients. For instance, IME Natural Perfumes are made up of 100% natural ingredients and are also certified as toxin-free perfumes. Major players in the perfumes market are Coty Inc., Shiseido Company Limited, L'Oral SA, LVMH Mot Hennessy Louis Vuitton SE, Revlon Inc., Avon Products Inc., Abdul Samad Al Qurashi, Este Lauder Companies Inc., Oriflame Holding AG, and Chanel SA Asia Pacific was the largest region in the perfumes market in 2021. Western Europe was the second-largest region in the perfume market. The regions covered in the perfumes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the perfumes market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The global perfumes market is segmented - 1) By Product: Mass, Premium 2) By End-User Sex: Women, Men 3) By Distribution Channel: Offline, Online

The body lotions manufacturing market consists of the sales of body lotions. The body lotion is a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic purposes, or protective purposes. For example, sunscreens, are substances that protect from the sun's ultraviolet (UV) radiation and thus help against sunburns. The main types of lotions are dry skin body lotion, oily skin body lotion, normal skin body lotion, and other types of lotions. Dry skin body lotion softens the dry and rough elbows and heels, as well as other dry areas of the skin. The lotions are used by men, women, and babies and are distributed through direct sales and distributors. The global lotions (including sunscreens) market size is expected to grow from $37.12 billion in 2021 to $42.4 billion in 2022 at a compound annual growth rate (CAGR) of 14.2%. The global lotions market size is expected to grow to $71.18 billion in 2026 at a CAGR of 13.8%. Rapid growth in the millennial population is expected to drive the perfumes market. As of 2020, there were approximately 1.8 billion millennials globally. Young people tend to spend more than old on cosmetics, to improve looks and quality of life. Millennials are the largest potential purchasing community of cosmetics in 2019, accounting for around 32% of the world's population, compared to 17 percent for those over 55 years of age. By 2025, millennials are expected to constitute nearly three-quarters of the global workforce. As millennials will represent a large part of the global workforce and play a major role in driving the current economy, their preferences and shopping habits will be an important driving factor for the lotions market. Strict regulations by government agencies on the use of certain ingredients in making cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and their use may lead to various skin diseases. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, sunscreen 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 Major players in the lotions market are Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics, Clarins, Crabtreeand Evelyn, Hempz, Murad, and L'Oréal S.A. Asia Pacific was the largest region in the lotions market in 2021. Western Europe was the second-largest region in the global lotions and sunscreens market. The regions covered in the global lotions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the lotions (including sunscreens) market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The global lotions market is segmented - 1) By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Others 2) By Application: Men, Women, Baby 3) By Channel: Direct Sales, Distributor

The face creams manufacturing market consists of the sales of face creams. Face creams are cosmetic creams or lotions, consisting of any of various substances in the form of a thick liquid, applied to the face to improve the complexion and for softening and moisturizing the skin. The main types of face creams are moisture, healing, anti-aging, and others types. Anti-aging face creams are cosmeceutical skincare products that are mostly moisturizer-based and are promoted with the promise of helping the consumer seem younger. Face creams are used by females and males of age groups 0-1, 2-25, 26-40, 41-55, and >55 and applied in oil skin, dry skin, neutral skin, sensitive skin, and other skin types and are distributed through multi-brand retail outlets, online platforms, supermarkets/ hypermarkets, exclusive retail stores, and beauty parlors/ salons. The global face creams market size is expected to grow from $13.2 billion in 2021 to $14.45 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global face cream market size is expected to grow to $20.33 billion in 2026 at a CAGR of 8.9%. The increasing demand for natural and organic face creams is expected to drive face cream market growth during the forecast period. With the growing awareness of the risks associated with the prolonged use of face creams made from synthetic materials, the demand for natural and organic face creams has increased. Face cream manufacturers are focusing on developing products using natural ingredients such as aloe vera, clay, hyaluronic acid, antioxidants, coconut, avocado, jojoba, argan oil, carrot seed extracts, sunflower, and olive oil. According to Livemint's analysis, the contribution of natural products to personal care has increased to 35% in 2019. According to the survey conducted by Kari Gran, 75% of millennial women prefer buying products manufactured from natural ingredients. This is expected to drive the growth of the face creams market. Strict regulations by government agencies on the use of certain ingredients in making cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and their use may lead to various skin diseases. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, 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. Major players in the face creams market are Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited, Avon Products Inc., Oriflame Cosmetics AG, and Shiseido Company Limited. Asia Pacific was the largest region in the face creams market in 2021. Western Europe was the second-largest region in the global face cream market. The regions covered in the global face creams market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the face creams market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The global face creams market is segmented - 1) By Type: Moisture, Healing, Anti-Aging, Others 2) By Age: 0-1, 2-25, 26-40, 41-55, >55 3) By Sex: Female, Male 4) By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Others 5) By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons

The chemicals market consists of the sales of chemicals by entities (organizations, sole traders, and partnerships) that produce chemicals based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products (but excluding beneficiating of mining output, refining of crude petroleum, manufacturing of aluminum oxide, primary metal manufacturing, beverage distilling, tobacco manufacturing). The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals, and minerals. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and others. The global chemicals market size is expected to grow from $4.24 trillion in 2021 to $4.62 trillion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The global chemical market size is expected to grow to $6.37 trillion in 2026 at a CAGR of 8.4%. Interest rates were low in most developed countries during this period, this positively impacted the growth of the chemicals market. For instance, in 2019, the European Central Bank decreased interest rates to -0.5% on deposits from banks to encourage lending. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemicals companies to borrow money for process improvements, thus driving the market during the historic period. Increasing costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enabled chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V a chemicals and coatings giant is planning to make a seven-figure investment into Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Major companies in the chemicals market include JXTG Holdings Inc, Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc, Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Asia Pacific was the largest region in the chemicals market in 2021. North America was the second-largest region in the global chemicals market. The regions covered in the global chemical market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End-User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil and Gas, Rubber Chemicals, Surfactants, Personal Care, Others Subsegments Covered:, Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive and Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals

The body lotions market consists of the sales of body lotions. Body lotions are a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic purposes, or protective purposes. For example, sunscreens, are a substance that protects from the sun's ultraviolet (UV) radiation and thus helps against sunburns. The main types of body lotion are dry skin body lotion, oily skin body lotion, normal skin body lotion, and other types. Body lotions are a smooth liquid preparation designed to be applied to the skin for medicinal, cosmetic purposes, or protective purposes. These are applied by men, women, and babies and segmented by channel into direct sales and distributors. The global body lotions market is expected to grow from $55.3 billion in 2021 to $63.9 billion in 2022 at a compound annual growth rate (CAGR) of 15.5%. The body lotion market is expected to grow to $98.9 billion in 2026 at a CAGR of 11.5%. Rapid growth in the millennial population is expected to drive the body lotions market. According to Cosmetics Europe, the cosmetics and personal care business adds at least €29 billion (USD 33.14 billion) to the European economy each year, and the number of individuals using cosmetics products is rapidly expanding, surpassing 500 million in Europe. By 2025, millineals are expected to constitute nearly three-quarters of the global workforce. As millennials will represent a large part of the global workforce and play a major role in driving the current economy, their preferences and shopping habits will be an important driving factor for the lotions market. Strict regulations by government agencies on the use of certain ingredients in making cosmetics is expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and their use may lead to various skin diseases. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. 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. Major players in the body lotions market are Aveeno, Cetaphil, Olay, Alba Botanica, Avalon Organics, Clarins, Crabtreeand Evelyn, Hempz, Murad, and L'Oréal S.A. Asia Pacific was the largest region in the body lotion market in 2021. North America was the second-largest region in the body lotions market. The regions covered in the body lotions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the body lotions market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The global body lotions market is segmented - 1) By Type: Dry Skin Body Lotion, Oily Skin Body Lotion, Normal Skin Body Lotion, Others 2) By Application: Men, Women, Baby 3) By Channel: Direct Sales, Distributor