Latin America Hand Cream Market Size & Outlook, 2023-2030
The hand cream market in Latin America is expected to reach a projected revenue of US$ 80.4 million by 2030. A compound annual growth rate of 5.2% is expected of Latin America hand cream market from 2024 to 2030.
Revenue, 2023 (US$M)
$56.3
Forecast, 2030 (US$M)
$80.4
CAGR, 2024 - 2030
5.2%
Report Coverage
Latin America
Latin America hand cream market, 2018-2030 (US$M)
Latin America hand cream market highlights
- The Latin America hand cream market generated a revenue of USD 56.3 million in 2023.
- The market is expected to grow at a CAGR of 5.2% 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.
Latin America data book summary
| Market revenue in 2023 | USD 56.3 million |
| Market revenue in 2030 | USD 80.4 million |
| Growth rate | 5.2% (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, Latin America region accounted for 7.2% 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 Scope
Hand cream market segmentation & scope
Anti-Aging Hand Creams
Repairing Hand Creams
Whitening/Brightening Hand Creams
Others
End Use
Women
Men
Distribution Channel
Supermarkets and Hypermarkets
Specialty Beauty Stores
Pharmacies and Drugstores
E-Commerce
Others
Countries
U.S.
Canada
Mexico
UK
France
Italy
Spain
Sweden
Norway
Denmark
Australia
China
India
Japan
South Korea
Thailand
Saudi Arabia
South Africa
UAE
Kuwait
Brazil
Argentina
Hand Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America hand cream market
Related regional statistics
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