PUBLISHER: KBV Research | PRODUCT CODE: 1599433
PUBLISHER: KBV Research | PRODUCT CODE: 1599433
The Europe Hand Cream Market would witness market growth of 11.8% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 24,798.6 thousand units, showcasing a growth of 10.4% (2020-2024).
In the hand cream market, men as an end-use segment represent a growing consumer base with unique skincare needs and preferences. Historically, skincare products, including hand creams, have been targeted more toward women, but awareness among men regarding skin health and grooming is rising, leading to an increase in demand for hand creams specifically tailored to male consumers. Thus, the Germany Market is expected to utilize 3,134.8 thousand units of men hand cream by the year 2031.
The Germany market dominated the Europe Hand Cream Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $240.7 million by 2031. The UK market is exhibiting a CAGR of 10.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 12.7% during (2024 - 2031).
The most common use of hand creams is for daily skin care. Frequent washing, exposure to harsh chemicals, and environmental factors often lead to dry, cracked skin. Hand creams moisturize and soften the skin, making it feel smooth and healthy. They are also used to treat skin conditions such as eczema, dermatitis, and other forms of skin irritation. Special formulations are designed with soothing and healing ingredients like aloe vera, chamomile, and calendula, which relieve itching, redness, and inflammation.
In addition to skin health, hand creams are often used to beautify the skin. Many hand creams include anti-aging ingredients such as retinol or peptides that improve skin elasticity, reduce wrinkles, and promote youthful-looking hands. Hand creams are frequently used as a protective barrier to shield the skin from harsh environmental conditions. Cold weather, hot water, UV radiation, and pollutants can damage the skin, leading to dryness and premature aging. Hand creams with SPF or antioxidant properties protect the skin from these environmental stressors.
The rising demand for personal care products and cosmetics in key European countries-France, Italy, the UK, and Spain-will significantly impact the growth of the hand cream market in these regions. As the demand for beauty and personal care products grows, hand creams are expected to grow substantially due to their role in daily skincare routines and the broader beauty trends in these countries.
Based on End Use, the market is segmented into Women, and Men. Based on Product, the market is segmented into Moisturizing Hand Creams, Anti-Aging Hand Creams, Repairing Hand Creams, Whitening/Brightening Hand Creams, and Other Products. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Pharmacies & Drugstores, Specialty Beauty Stores, E-commerce, and Other Distribution Channels. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Hand Cream Market Report Segmentation
By End Use (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)