The market report presents a thorough analysis segmented by Product Type (Moisturizing Cream, Anti-Aging Cream, Skin Whitening Cream, Others); by Distribution Channels (Retail Pharmacies, Convenience Stores, Supermarkets/Hypermarkets, E-commerce); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Outlook
- The night creams market is estimated to be at USD 10,357.83 Mn in 2024 and is anticipated to reach USD 13,496.46 Mn in 2029.
- The night creams market is registering a CAGR of 5.44% during the forecast period of 2024-2029.
- The global night creams market is experiencing steady growth due to increasing consumer awareness about skincare routines and the benefits of overnight treatment. The market is driven by increasing demand for anti-aging products, preference for natural and organic formulations, and growing interest in personalized skincare solutions.
Request a free sample.
Ecosystem
- The global night cream industry participants are constantly developing strategies to preserve a competitive advantage.
- These companies dominate the market through extensive product lines, strong brand recognition, and global distribution networks.
- Several important entities in the night creams market include LVMH Group; Shiseido Co., Ltd.; Johnson & Johnson; L’Oréal S.A.; Unilever Plc; and others.
Ask for customization.
Findings
Attributes | Values |
---|---|
Historical Period | 2018-2022 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Market Size (2024) | USD 10,357.83 Mn |
Market Size (2029) | USD 13,496.46 Mn |
Growth Rate | 5.44% CAGR from 2024 to 2029 |
Key Segments | Product Type (Moisturizing Cream, Anti-Aging Cream, Skin Whitening Cream, Others); Distribution Channel (Retail Pharmacies, Convenience Stores, Supermarkets/Hypermarkets, E-commerce); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) |
Key Vendors | LVMH Group; Shiseido Co., Ltd.; Johnson & Johnson; L’Oréal S.A.; Unilever Plc |
Key Countries | The US; Canada; Mexico; Brazil; Argentina; China; India; Japan; South Korea; The UK; Germany; Italy; France; Spain; Israel; UAE; Saudi Arabia; Egypt; South Africa |
Largest Market | North America |
Get a free quote.
Trends
- Natural and Organic Formulations: Natural and organic formulations are increasingly gaining popularity as consumers prioritize products that align with their values of sustainability and wellness. These formulations often feature fewer synthetic chemicals and emphasize eco-friendly and gentle ingredients on the skin. For instance, in 2023, L’Oréal launched a new line of organic night creams, new organic night cream featuring sustainably sourced botanical ingredients.
- Personalized Skincare Solutions: Personalized skincare solutions are revolutionizing beauty routines by tailoring products and regimens to individual skin types and concerns. By using advanced diagnostics and customized formulas, these solutions ensure more effective and targeted care for healthier, radiant skin.
- Focus on Multi-Functional Products: Multi-functional night creams, which provide added benefits like brightening, firming, and detoxifying, are gaining traction. This trend highlights a growing consumer desire for more efficient skincare routines that combine multiple benefits in one product.
Speak to analyst.
Catalysts
- Increasing Awareness of Skincare Benefits: Growing recognition of the need for a consistent skincare regimen, especially the role of night creams in skin repair, is driving market demand. This growth is further fueled by the rise of social media influencers and dermatologists promoting the importance of targeted nighttime treatments for addressing specific skin concerns like aging, hyperpigmentation, and dehydration.
- Growth of E-commerce and Digital Marketing: The expansion of e-commerce platforms and the effectiveness of digital marketing strategies significantly drive night creams’ sales. Brands leverage social media and online beauty influencers to reach a wider audience.
- Rising Disposable Income: The rising disposable income enables more consumers to invest in premium skincare products, including night creams. This growth is expanding the customer base for luxury and high-end night creams, thereby driving overall market growth. As a result, companies in the skincare industry are seeing increased opportunities for revenue and market expansion.
Inquire before buying.
Restraints
- Consumer Skepticism Towards Efficacy: There is a degree of consumer skepticism regarding the efficacy of night creams, particularly those making bold claims about anti-aging and skin rejuvenation. This skepticism can affect consumer trust and slow adoption rates, especially in markets with a history of misleading product claims.
- Price Sensitivity: While there is a market for premium night creams, a significant portion of consumers remains price-sensitive, especially in developing regions. The high cost of certain night creams can limit market penetration and lead to a preference for cheaper alternatives or home remedies.
- Stringent Regulatory Standards: Adhering to strict regulatory standards, especially concerning using specific chemicals and meeting labeling requirements, presents significant challenges for manufacturers. These regulations differ by region, making global market entry more complex and raising production costs. In 2023, new EU regulations on cosmetic ingredients prompted the manufacturers to reformulate their respective night creams products to comply with updated safety and labeling standards.
Personalize this research.
Hotspot
Explore purchase options.
Table of Contents
1. Introduction 1.1. Research Methodology 1.2. Scope of the Study 2. Market Overview / Executive Summary 2.1. Global Night Creams Market (2018 – 2022) 2.2. Global Night Creams Market (2023 – 2029) 3. Market Segmentation 3.1. Global Night Creams Market by Product Type 3.1.1. Moisturizing Cream 3.1.2. Anti-Aging Cream 3.1.3. Skin Whitening Cream 3.1.4. Others 3.2. Global Night Creams Market by Distribution Channel 3.2.1. Retail Pharmacies 3.2.2. Convenience Stores 3.2.3. Supermarket/Hypermarket 3.2.4. E-commerce 4. Regional Segmentation 4.1. North America 4.1.1. The US 4.1.2. Canada 4.1.3. Mexico 4.2. South America 4.2.1. Brazil 4.2.2. Argentina 4.2.3. Colombia 4.2.4. Chile 4.2.5. Rest of South America 4.3. Asia Pacific 4.3.1. China 4.3.2. India 4.3.3. Japan 4.3.4. South Korea 4.3.5. Rest of Asia Pacific 4.4. Europe 4.4.1. The UK 4.4.2. Germany 4.4.3. Italy 4.4.4. France 4.4.5. Spain 4.4.6. Rest of Europe 4.5. The Middle East 4.5.1. Turkey 4.5.2. UAE 4.5.3. Saudi Arabia 4.5.4. Rest of the Middle East 4.6. Africa 4.6.1. Egypt 4.6.2. South Africa 4.6.3. Rest of Africa 5. Value Chain Analysis of the Global Night Creams Market 6. Porter Five Forces Analysis 6.1. Threats of New Entrants 6.2. Threats of Substitutes 6.3. Bargaining Power of Buyers 6.4. Bargaining Power of Suppliers 6.5. Competition in the Industry 7. Trends, Drivers and Challenges Analysis 7.1. Market Trends 7.1.1. Market Trend 1 7.1.2. Market Trend 2 7.1.3. Market Trend 3 7.2. Market Drivers 7.2.1. Market Driver 1 7.2.2. Market Driver 2 7.2.3. Market Driver 3 7.3. Market Challenges 7.3.1. Market Challenge 1 7.3.2. Market Challenge 2 7.3.3. Market Challenge 3 8. Opportunities Analysis 8.1. Market Opportunity 1 8.2. Market Opportunity 2 8.3. Market Opportunity 3 9. Competitive Landscape 9.1. LVMH Group 9.2. Shiseido Co., Ltd. 9.3. Johnson & Johnson 9.4. L’Oréal S.A. 9.5. Unilever Plc 9.6. Company 6 9.7. Company 7 9.8. Company 8 9.9. Company 9 9.10. Company 10 |
Know the research methodology.
Night Creams Market – FAQs
1. What is the current size of the night creams market?
Ans. In 2024, the night creams market size is USD 10,357.83 Mn.
2. Who are the major vendors in the night creams market?
Ans. The major vendors in the night creams market are LVMH Group; Shiseido Co., Ltd.; Johnson & Johnson; L’Oréal S.A.; Unilever Plc.
3. Which segments are covered under the night creams market segments analysis?
Ans. The night creams market report offers in-depth insights into Product Type, Distribution Channel, and Geography.