According to a new report, published by KBV research, The Global Moisturizer Market size is expected to reach $15.4 billion by 2031, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2023, the market attained a volume of 2,82,199.06 thousand units (50 ML), experiencing a growth of 10.8% (2020-2023).
The Body Moisturizer segment is anticipating a CAGR of 5.5% during (2024 - 2031). The body moisturizer segment can target demographics such as age, gender, and lifestyle. For instance, products designed for ageing skin may include anti-ageing ingredients like retinol and collagen, while products for athletes might focus on quick absorption and muscle recovery benefits. By catering to specific groups, brands can better meet consumer needs and build strong brand loyalty.
The Cream segment is leading the Global Moisturizer Market by Form in 2023; thereby, achieving a market value of $6.4 billion by 2031. Creams are formulated with a higher oil content than lotions or gels, making them effective in providing deep hydration to the skin. This makes them particularly beneficial for individuals with dry or dehydrated skin. Creams often contain emollients like shea butter, cocoa butter, or various oils, which help to soften and smooth the skin's surface. This makes creams suitable for addressing rough or flaky skin.
The Men segment is registering a CAGR of 5.6% during (2024 - 2031). There has been a cultural shift towards greater acceptance and encouragement of male grooming practices, including skincare. Men increasingly seek out skincare products, including moisturizers, as part of their daily routines. Men's moisturizers often emphasize functional benefits such as hydration, oil control, soothing irritation from shaving, and UV protection.
Full Report: https://www.kbvresearch.com/moisturizer-market/
The Asia Pacific region dominated the Global Moisturizer Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.4 billion by 2031. The Europe region is experiencing a CAGR of 4.4% during (2024 - 2031). Additionally, The North America region would showcase a CAGR of 4.8% during (2024 - 2031).
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Form (Volume, Thousand Units, USD Billion, 2020-2031)
By End-user (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
Unique Offerings 
