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Moisturizing creams perform well on the skin by assisting in the locking process of moisture inside the skin and ensuring that the skin does not face any dehydration issue.
The global Moisturizing Cream Industry is expecting traction from all quarters to gain a 3.9% CAGR during the forecast period (2019-2023). Market Research Future (MRFR), in their latest market study explains that the market has potential to achieve a USD 16.8 billion valuation by the end of 2024. Applications of moisturizing creams like skin treatment, anti-aging property, tissue cuts repair, and others are expected to trigger substantial market growth in the coming years. Increasing skin concerns, surge in investments for research & development activities, expanding beauty industry, and better performance of personal care products segment are expected to provide tailwind to the global moisturizing cream market.
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