Cleansing Lotion Market size to increase by USD 2.25 billion between 2023 to 2028- Technavio

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Oct 31, 2023, 17:35 ET

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The Cleansing Lotion Market size is expected to grow by USD 2.25 billion, accelerating at a CAGR of over 5.69% during the forecast period. The popularity of e-commerce aiding the sales of cleansing lotions is notably driving the cleansing lotion market. However, factors such as rising pressure to ensure safety and quality of personal products may impede market growth. The market is segmented by Distribution Channel (Offline and Online), End-user (Household and Commercial), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

Technavio has announced its latest market research report titled Global Cleansing Lotion Market 2024-2028

Cleansing Lotion Market 2024 – 2028: Key Segment Analysis
The offline segment is expected to experience substantial expansion during the forecast period. This segment encompasses the sale of cleansing lotions through diverse retail channels, including department stores, supermarkets, hypermarkets, specialty stores, and exclusive company-owned outlets. Offline retail remains the traditional and favored distribution method. Brick-and-mortar stores facilitate direct engagement between customers and retailers.

To know additional highlights and key points on various market segments and their impact in coming years, View PDF Sample Report

Cleansing Lotion Market 2024 – 2028: Geographical Market Analysis

The Asia-Pacific (APAC) region is anticipated to make a significant 53% contribution to the global market's growth during the forecast period. One of the major factors driving this regional growth is the surge in online sales. Additionally, there is a rising demand for organic products in the region. For instance, Bio Veda Action Research Co. (Bio Veda) offers an organic cleansing lotion called BIO BERBERRY HYDRATING CLEANSER 120ML. Consequently, the rise in online sales, an increase in collaborations between product companies and distributors, and the growing middle-aged population that shows a propensity to invest in Beauty and Personal Care (BPC) products, such as cleansing lotions, will increase market expansion in this region. The market's growth in the region is further fueled by the strategic initiatives of established companies, the expansion of the middle-aged consumer segment, and the growing number of partnerships between companies and distribution channels.

Cleansing Lotion Market 2024 – 2028: Company Insights
The cleansing lotion market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:

Beiersdorf AG
Chanel Ltd.
Colgate Palmolive Co.
D R Harris and Co. Ltd.
Edgewell Personal Care Co.
Gary Pharmaceuticals P Ltd.
Groupe Clarins
Herbacin Cosmetic GmbH
Johnson and Johnson
Kao Corp.
LOreal SA
LVMH Moet Hennessy Louis Vuitton SE
Mountain Valley Springs India Pvt. Ltd.
Natura and Co Holding SA
Shiseido Co. Ltd.
The Estee Lauder Companies Inc.
The Himalaya Drug Co.
The Procter and Gamble Co.
Unilever PLC
Zoic Pharmaceuticals Pvt. Ltd.

View PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

Skincare Products Market: The skincare products market size is estimated to grow at a CAGR of 5.6% between 2022 and 2027. The market size is forecast to increase by USD 42.41 billion.

Personal Care Market: The personal care market is estimated to grow at a CAGR of 6.4% between 2022 and 2027. The size of the market is forecast to increase by USD 169.7 billion.

TOC:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by End-User
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

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