Rising environmental factors, such as increasing pollution levels and fluctuating weather conditions, have resulted in dry, dull, and aged skin among people. This has significantly boosted the demand for skin moisturizers globally. Moreover, growing awareness about the importance of daily skin care routines along with increasing disposable incomes have further propelled the sales of various skin moisturizing creams, lotions, and gels. Various players in the industry are launching innovative products infused with natural and herbal ingredients to cater to the evolving consumer preferences. However, factors such as availability of counterfeit products may hamper the market growth to some extent during the forecast period.
Market Dynamics:
Rising environmental pollution levels across both developed and developing countries have emerged as a key driver for the global skin moisturizers market. Increasing air pollution, longer sun exposure, and fluctuating temperatures are leading to dryness, scaling, and early skin aging. This has raised the need for intensive moisturizing on a daily basis. Moreover, growing working women population, improving living standards, and rising health and beauty consciousness among consumers have augmented the demand for various skin moisturizing creams significantly. However, availability of low quality counterfeit products in the market may hamper the sales of established brands to some extent during the coming years. Introduction of natural and organic product variants by industry players are expected to create new opportunities for market expansion.
Key Features of the Study:
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