The Hand Care Market Research Report Forecast 2020-2025 is a valuable source of insightful data for business strategists. This Hand Care Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
According to this study, over the next five years, the Hand Care market will register a 4.1% CAGR in terms of revenue, the global market size will reach $ 3198.7 million by 2025, from $ 2718.6 million in 2019.
The major key players covered in this report: Unilever (OTC:UNLYF), 3M Co. (NYS:MMM), Procter & Gamble Co. (NYS:PG), Coty, Johnson & Johnson (NYS:JNJ), Jahwa, Beiersdorf, KAO, Whealthfields Lohmann, Reckitt Benckiser, Henkel AG & Co. KGaA (OTC:HELKF), Lion Corporation.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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On the basis of product type, the sanitizer segment is expected to exhibit the highest CAGR of 4.8% over the next few years. Hand wash held the largest share of more than 40.0% in 2018 and is expected to maintain its share in the coming years.
The Asia Pacific held the largest share of about 35.0% in 2018 in the global market, followed by North America. Booming skin care products market in countries such as China, Hong Kong, and South Korea is a major factor contributing to the largest share of the APAC region in the market. India accounts for a major share in the hand wash market due to high consumption of this product as compared to sanitizers.
Consumers prefer liquid washes over sanitizers on a daily basis, which contributes to the major growth of the product, thereby accelerating the traction of the global market. The Middle East and Africa is the fastest-growing regional market with a CAGR of 5.1% over the forecast period. The region is prone to diseases such as avian flu, Ebola virus disease, H1N1 flu, and SARS, thus increasing the demand for hand sanitizers. Moreover, Africa has a periodic outbreak of these diseases, due to which, hand hygiene becomes a necessity in this region.
This report segments the global Hand Care Market based on Types are:
Cleansers, Moisturizers and Others.
Based on Application, the Global Hand Care Market is Segmented into:
Adult, Children and Baby.
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Regions covered By Aluminium Brazing Alloys Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Hand Care Market
– Changing Hand Care market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Hand Care market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Hand Care Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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