Asia Pacific Hand Cream Market Size & Outlook, 2023-2030
The hand cream market in Asia Pacific is expected to reach a projected revenue of US$ 293.1 million by 2030. A compound annual growth rate of 7.2% is expected of Asia Pacific hand cream market from 2024 to 2030.
Revenue, 2023 (US$M)
$179.7
Forecast, 2030 (US$M)
$293.1
CAGR, 2024 - 2030
7.2%
Report Coverage
Asia Pacific
Asia Pacific hand cream market highlights
- The Asia Pacific hand cream market generated a revenue of USD 179.7 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, moisturizing hand creams was the largest revenue generating product in 2023.
- Moisturizing Hand Creams is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 179.7 million |
| Market revenue in 2030 | USD 293.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Moisturizing hand creams |
| Fastest growing segment | Moisturizing Hand Creams |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Moisturizing Hand Creams |
| Key market players worldwide | L’OCCITANE Group, Natura &Co, Johnson & Johnson, Nécessaire, The Clorox Company, Beiersdorf AG, L'Oreal SA, Kao Corp, Unilever PLC, Pierre Fabre |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.1% of the global hand cream market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 293.1 million by 2030.
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Hand Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nécessaire | View profile | 1-10 | Culver City, California, United States, North America | https://necessaire.com/ |
| Natura &Co | View profile | 10001+ | São Paulo, Sao Paulo, Brazil, South America | https://naturaeco.com |
| L’OCCITANE Group | View profile | 5001-10000 | Plan-les-ouates, Geneve, Switzerland, Europe | https://group.loccitane.com/ |
| Pierre Fabre | View profile | 10001+ | Castres-gironde, Aquitaine, France, Europe | http://www.pierre-fabre.com |
| The Clorox Company | View profile | 5001-10000 | Oakland, California, United States, North America | https://www.thecloroxcompany.com/ |
| Kao Corp | View profile | 42450 | 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 | http://www.kao.com |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
| Beiersdorf AG | View profile | 21958 | Unnastrasse 48, Hamburg, Germany, 22529 | https://www.beiersdorf.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
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