Global Night Creams Market -Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2018-2026

iCrowdNewswire   Jan 15, 2021  12:18 PM ET

Night Creams Market – 2018-2026

Night Creams Industry Overview:

The global night creams market size was valued at $7.1 billion in 2018, and is projected to reach $11.4 billion by 2026, registering a CAGR of 6.4% from 2019 to 2026. Night creams are a type of cosmetic product that comprises high concentration of hydrating ingredients. These are mainly used as a moisturizer, skin whitening agent, and anti-aging cream. Examples of night creams include Dove Sensitive Essentials Night Cream, Garnier Total Comfort Night Cream, Dove Face Care Essential Nutrients and others.

Consumers are adopting skincare products as per occasions such as different times of the days (day cream, night cream, at work cream, and others). There has been high adoption of night cream among generation Z owing to its varied benefits that help improve the skin tone and texture. The consumer base is more inclined toward purchasing premium night creams equipped with innovative and patented technologies. To fulfill the ever changing need of the customers, the companies are concentrating on R&D activities to introduce a novel product line in the night creams market. These companies are also investing into packaging and marketing activities to gain maximum visibility among consumers.

Manufacturers are changing their product branding and advertising strategies to accelerate their sales across various countries. Innovative strategies such as new product launches with natural ingredients, regular cosmetic products, and appealing packaging, have been adopted by the manufacturing companies to boost the sales of their cosmetic products. As cosmetics have become an integral part of individual’s lives, consumers especially women, prefer to use these cosmetic products, which are handy and easy to use while travelling or attending social meetings. Use of natural ingredients for manufacturing cosmetics products that do not have any adverse effect on the skin, is a popular strategy of manufacturers to attract more customers. This also helps in increasing the revenue of companies operating in this industry. Collectively, all the strategies adopted by the manufacturers are driving the global night creams market share.

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Top Key Players Of Night Creams Industry:

Shiseido
Solstice Holding
Estee Lauder Companies
Clinique Laboratories
L’Oreal S.A.
Procter & Gamble
Unilever PLC
VLCC Health Care
Patanjali Ayurveda
Himalaya Global Holdings
Beiersdorf AG

The market is driven by high growth of cosmetic products in Asia Pacific along with rise in sales of anti-aging products. Growing concerns regarding skin problems along with rise in disposable income of consumers are anticipated to further drive the demand. Moreover, growth of skin lightening, moisturizing, and anti-aging product sectors is expected to fuel the overall market during the forecast period.

Night cream products are mainly used as moisturizers, skin whitening agents, and skin toner. The end users purchasing night cream products are also looking for multi-functional skin care benefits. There is an increase in the demand for multi-functional cosmetic products in the market and companies dealing in this industry are focusing on combining several ingredients in one single product to increase the applications of the products. The manufacturers are also focusing on advanced product packaging to increase usability of skin care products. Wide product offerings with integrated personal care features are offering lucrative night creams market opportunities for the companies. The rise in demand for such multi-function products has paved the way for new entrants in the market. As a result, new players are entering the markets in Asia-Pacific and Europe regions through their innovative product offerings. Products such as anti-aging night creams, are incorporated with daily moisturizer to recover from skin damage during nighttime while maintaining skin aging. The wide-spread product offerings and entry of new players in the market with innovative packaging and multi-functional attributes are anticipated to fuel the demand for the night creams market during the forecast period.

According to a report by the Financial Times, the online distribution of non-grocery goods has increased by 12.5% that contributes to around 24.1% of the total sales. The cosmetic industry has been strongly hit by counterfeit activity due to large number of consumers purchasing the products through mail order channels and online sales channel. In addition, lack of brand loyalty among consumers purchasing night creams and other cosmetic products, is also responsible for decreased penetration in the overall market. Companies operating in the night creams market are facing challenges in fake product distribution and witnessing reduction in terms of sales volume. Such increased counterfeit activities due to lack of effective supply chain management is expected to hamper the revenue growth of personal care and cosmetic products market in the long run.

The night creams market is segmented on the basis of product type, distribution channel, and region. By product type, it is categorized into moisturizing cream, anti-aging cream, and skin whitening cream. By distribution channel, night creams market is categorized into retail pharmacies, convenience stores, supermarket/hypermarket, and E-commerce. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

The night creams market report is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America and Europe have strong revenue opportunity in the market. These regions offer lucrative opportunities for new entrants as well as established manufacturers owing to increased spending on skin care products. In addition, extra initiatives from stakeholders to introduce novel products in the night creams market analysis are expected to further enhance the revenue opportunity, especially across Asia-Pacific.

The key players operating in the global nights cream industry  include Shiseido Co. Ltd., Solstice Holding, Estee Lauder Companies, Clinique Laboratories, L’Oreal S.A., Procter & Gamble, Unilever PLC, VLCC Health Care, Himalaya Global Holdings, Beiersdorf AG and Guerlain. Other key vendors analyze in the study are Elizabeth Arden, Clarins and Nivea, Lancome, Avon, Revlon, among others.

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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component

A rising number of manufacturers and distributors are entering the skin care industry, due to the rising demand for the products that help different issues including skin hydration, elasticity, color complexion, and softness. However, the impact of e-commerce channels, specialty and convenience stores, cost effectiveness of product, and concerns regarding skin damage creates a huge opportunity for the market growth.

The Global Night Cream Market Report is segmented as By Product Type, Age Group, Specialty Attribute, Skin Concerns, Distribution Channel and Region. The Product Type is segmented as face care and body care in which face care holds the highest market share. The Age Group is divided as infants and toddlers, children and adults in which adults hold the highest share in the market. By Specialty Type, the market is divided as natural and organic, herbal, cruelty-free and others in which others have the highest market share.

By skin concerns, the market is divided as anti-ageing, dryness and dehydration, acne, sun protection, redness and allergies in which acne holds the highest market share. The Distribution Channel is segmented as supermarket/hypermarket, specialty stores, drug stores, convenience stores, e-commerce and others in which supermarket/hypermarket holds the highest share in the market. Among all, it is expected that the supermarket/hypermarket will be growing at a moderate CAGR of XX % in the assessment period.

Avon (UK), Unilever (Netherlands), REVLON (US) are some of the key players in the Night Creams Market. Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

Available Customizations:

With the given market data, We offers customizations as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis: Product matrix, which gives a detailed comparison of the product portfolios of each company
  • Geographic Analysis: Further breakdown of the European, Asia Pacific, and the Rest of the World segments into their respective countries for this market
  • Company Information: Detailed analysis and profiling of additional market players (up to 5)
  • Volume Data: Customization options for volume data (number of units sold) and customization options for volume data (number of tests)
  • Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market

 The report includes six parts, dealing with:
1.) Basic Information
2.) The Asia Night Creams Speaker Market
3.) The North American Night Creams Speaker Market
4.) The European Night Creams Speaker Market
5.) Market Entry And Investment Feasibility
6.) The Report Conclusion 

Table of Content: Night Creams Market 2026

1 Study Coverage

2 Executive Summary 

3 Breakdown Data by Manufacturers 

4 Breakdown Data by Type 

5 Breakdown Data by Application 

11 Company Profiles 

12 Future Forecast 

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis 

14 Value Chain and Sales Channels Analysis 

15 Research Findings and Conclusion

16 Appendix 

Continued …

The key insights of The Report Research:

1.The report Research provides key statistics on the market status of the Night Creams manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2018-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2018-2026 market development trends of Night Creams industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Night Creams Industry before evaluating its feasibility.

Reasons to Purchase this Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

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