Global Night Creams Market Size To Exceed USD 17.82 Billion By 2033: Market Insight Report

Global Night Creams Market Size To Exceed USD 17.82 Billion By 2033 

According to a research report published by Spherical Insights & Consulting, The Global Night Creams Market Size is Expected to Grow from USD 9.67 Billion in 2023 to USD 17.82 Billion by 2033, at a CAGR of 6.30% during the forecast period 2023-2033.   

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Night Creams Market Size, Share, and COVID-19 Impact Analysis, By Product (Moisturizing, Anti-aging, and Skin Whitening), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033                              

The night creams market is the global market dealing with the manufacturing, distribution, and sale of skincare products for use at night. Night creams are developed to moisturize, repair, and rejuvenate the skin and treat issues such as aging, dryness, and pigmentation. The market covers products with anti-aging, moisturizing, brightening, and skin-repairing features, available for different skin types and consumer tastes. Moreover, the Night Creams Market is spurred by increasing skincare consciousness, mounting demand for anti-aging treatments, and enhanced consumer inclination toward organic and natural products. Research developments in dermatology, widening e-commerce, influencer advertising, and the trend of customized skincare also augment market growth, complemented by rising disposable incomes and changing beauty trends. However, the night cream market has limitations like high product price, skepticism among consumers regarding effectiveness, competition from other skincare products, chances of allergy, and regulatory issues due to ingredient safety and compliance labeling.

The anti-aging segment accounted for the largest share of the global night creams market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on product, the global night creams market is divided into moisturizing, anti-aging, and skin whitening. Among these, the anti-aging segment accounted for the largest share of the global night creams market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.  This is led by growing consumer demand for wrinkle reduction, firming, and skin regeneration treatments. Increased awareness of aging indicators, increasing disposable incomes, and technological advancements in dermatological formulations, such as retinol and peptides, drive the strong leadership of this segment globally.

The hypermarkets segment accounted for a substantial share of the global night creams market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the distribution channel, the global night creams market is divided into online and offline. Among these, the hypermarkets segment accounted for a substantial share of the global night creams market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is powered by consumer desire for in-store product trials, tailored recommendations, and immediate buys. Supermarkets, specialty cosmetics retailers, and pharmacies lead in sales, but the explosive rise of e-commerce and digital promotion is increasingly displacing market momentum to online sites.

North America is projected to hold the largest share of the global night creams market over the projected period.  

North America is projected to hold the largest share of the global night creams market over the projected period. This is driven by a massive consumer base, growing disposable income, and increasing awareness of beauty skincare routines. High demand for anti-aging and whitening creams, expanding e-commerce, and the spillover from K-beauty and J-beauty trends fuel further market growth in the region.

Asia Pacific is expected to grow at the fastest CAGR of the global night creams market during the projected period. This is driven by the growing demand for premium and organic skincare, growing awareness of evening skincare regimes, and high e-commerce growth. Anti-aging product innovation, influencer marketing, and growing demand for dermatologist-approved products further fuel market growth in the region.

Company Profiling

Major vendors in the global night creams market are L'Oréal S.A., Procter & Gamble Co., Unilever PLC, Estée Lauder Companies Inc., Shiseido Co. Ltd., Beiersdorf AG, Amorepacific Group Inc., KOSÉ Corporation, Avon Products Inc., Clarins Inc., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2024, La Mer launched a new night cream with MRA-3, a marine complex that is exclusive to La Mer and was created to activate skin renewal. As a retinol alternative, MRA-3 is the star ingredient in the new cream, with potential benefits to rejuvenate and improve the texture of the skin.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global night creams market based on the below-mentioned segments:  

Global Night Creams Market, By Product

• Moisturizing
• Anti-aging
• Skin Whitening

Global Night Creams Market, By Distribution Channel

• Online
• Offline

Global Night Creams Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa