The Asia Pacific Night Creams Market should witness market growth of 7.3% CAGR during the forecast period (2023-2029).
Demand for the night cream is expected to increase among the younger population due to several product advantages, including intense moisturizing and hydration. The products also give the skin fatty acids, mineral oil, and nutritional substances to maintain supple and softness. This product's ability to prevent the skin from drooping is one of its main functions. Along with eradicating spots & scars from the skin, the treatment also offers an even complexion. Additionally, a surge in manufacturer promotional programs is projected to fuel the demand for the product.
In addition to improving the skin's overall appearance and repairing damaged cells, it also improves the exterior appearance. It improves cell regeneration and blood circulation, increases collagen, and improves skin suppleness. Because skin cell regeneration is more potent at night than during the day, the cream's active components are more absorbed.
India has had a considerable market for facial care products in South Asia. Few beauty companies in India can meet the wide range of requirements of salons and makeup artists. India is a crucial market and a significant source of facial care product sales due to the country's rapid economic growth, which has heightened competition in the beauty industry and attracted numerous foreign enterprises. An older population that is expanding is driving the market and driving up demand for anti-aging night creams. Due to aging populations, anti-aging skin care product sales have expanded significantly in China and Japan. The World Health Organization reports that China has one of the oldest populations. These factors are driving up demand in the region.
The China market dominated the Asia Pacific Night Creams Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,089.2 Million by 2029. The Japan market is exhibiting a CAGR of 6.6% during (2023-2029). Additionally, The India market would showcase a CAGR of 7.9% during (2023-2029).
Based on Distribution Channel, the market is segmented into Convenience Stores, Supermarkets/Hypermarkets, Retail Pharmacies and Ecommerce. Based on Product Type, the market is segmented into Moisturizing, Anti-aging and Skin Whitening. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Demand for the night cream is expected to increase among the younger population due to several product advantages, including intense moisturizing and hydration. The products also give the skin fatty acids, mineral oil, and nutritional substances to maintain supple and softness. This product's ability to prevent the skin from drooping is one of its main functions. Along with eradicating spots & scars from the skin, the treatment also offers an even complexion. Additionally, a surge in manufacturer promotional programs is projected to fuel the demand for the product.
In addition to improving the skin's overall appearance and repairing damaged cells, it also improves the exterior appearance. It improves cell regeneration and blood circulation, increases collagen, and improves skin suppleness. Because skin cell regeneration is more potent at night than during the day, the cream's active components are more absorbed.
India has had a considerable market for facial care products in South Asia. Few beauty companies in India can meet the wide range of requirements of salons and makeup artists. India is a crucial market and a significant source of facial care product sales due to the country's rapid economic growth, which has heightened competition in the beauty industry and attracted numerous foreign enterprises. An older population that is expanding is driving the market and driving up demand for anti-aging night creams. Due to aging populations, anti-aging skin care product sales have expanded significantly in China and Japan. The World Health Organization reports that China has one of the oldest populations. These factors are driving up demand in the region.
The China market dominated the Asia Pacific Night Creams Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,089.2 Million by 2029. The Japan market is exhibiting a CAGR of 6.6% during (2023-2029). Additionally, The India market would showcase a CAGR of 7.9% during (2023-2029).
Based on Distribution Channel, the market is segmented into Convenience Stores, Supermarkets/Hypermarkets, Retail Pharmacies and Ecommerce. Based on Product Type, the market is segmented into Moisturizing, Anti-aging and Skin Whitening. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
By Distribution Channel
- Convenience Stores
- Supermarkets/Hypermarkets
- Retail Pharmacies
- Ecommerce
By Product Type
- Moisturizing
- Anti-aging
- Skin Whitening
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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.)
- Guerlain SA
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Asia Pacific Night Creams Market by Distribution Channel
Chapter 4. Asia Pacific Night Creams Market by Product Type
Chapter 5. Asia Pacific Night Creams Market by Country
Chapter 6. Company Profiles
Companies Mentioned
- 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.)
- Guerlain SA
Methodology
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