According to a new report, published by KBV research, The Global Night Creams Market size is expected to reach $12.7 billion by 2029, rising at a market growth of 6.4% CAGR during the forecast period.
The Supermarkets/Hypermarkets segment is showcasing a CAGR of 6.6% during (2023 - 2029). Customers can benefit significantly from shopping at such establishments, including lower pricing and better product knowledge. Therefore, many companies prefer using supermarkets & hypermarkets as their main distribution channels for product sales. Additionally, younger shoppers frequently shop for skincare items at neighborhood stores and supermarkets which is boosting the segment's growth.
The Moisturizing segment is leading the Global Night Creams Market by Product Type in 2022 thereby, achieving a market value of $6.3 billion by 2029. Consumer preference for extremely hydrating goods drives this market segment. These products help to maintain healthy skin and offer an even complexion. Additionally, peptides and antioxidants like vitamin E, C, and A helps to improve the complexion. Sales of the products should increase as a result of this factor. Growth potential is envisaged to result from the incorporation of specific components.
The North America market dominated the Global Night Creams Market by Region in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $4.1 billion by 2029. The Europe market is exhibiting a CAGR of 6% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 7.3% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/night-creams-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Beiersdorf AG, The Estee Lauder Companies, Inc., L'Oreal S.A., The Procter and Gamble Company (Olay), Shiseido Company Limited, Unilever PLC, Johnson & Johnson (Johnson & Johnson Services, Inc.), Derma E (Topix Pharmaceuticals, Inc.), Himalaya Wellness Company (Himalaya Global Holdings Ltd.) and Guerlain SA.
By Distribution Channel
By Product Type
By Geography
Companies Profiled
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