Overnight Face Mask Market Outlook 2024: Exclusive Report By The Business Research Company
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Overnight Face Mask Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The overnight face mask market size has grown strongly in recent years. It will grow from $23.62 billion in 2023 to $25.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to skin care trends, marketing and influencers, increasing disposable income, consumer education.
The overnight face mask market size is expected to see strong growth in the next few years. It will grow to $34.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to e-commerce growth, sustainability concerns, global health trends. Major trends in the forecast period include customization trends, technology integration, innovation in formulas.
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Market Segmentation:
The overnight face mask market covered in this report is segmented -
1) By Product: Cream And Gels, Sheets
2) By Application: Men, Women, Children
3) By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Stores, Other Distribution Channels
Major Driver - Skin-Related Concerns Driving Growth Of Overnight Face Mask Market
Increasing skin-related concerns are expected to propel the growth of the overnight face mask market going forward. Skin concerns are increasing because of the adverse impact of work-life stress, busy lifestyle, hectic schedule, and improper diet on human health. Proper sleep is essential for better health owing to which the consumers tend to incline toward skin care products such as overnight face masks as a solution to these problems. For instance, according to the American Academy of Dermatology Association, a US-based dermatology association, 97,920 noninvasive (in situ) and 99,780 invasive melanoma cases were detected in US in 2022. Hence, increasing skin-related problems is predicted to boost demand for an overnight face mask during the forecast period.
Competitive Landscape:
Major companies operating in the overnight face mask market report are L'Oréal S. A., Laniege (Amorepacific Corporation), e. l. f. Cosmetics Inc., The Body Shop International Limited, Peter Thomas Roth Labs LLC, Lotus Herbals Pvt. Ltd., Unilever Plc, The Estée Lauder Companies Inc., Avon Products, Inc., Amorepacific Corporation, Origins Natural Resources, Inc., Jurlique International Pty Ltd., Farmacy Beauty LLC, Shiseido Company, Limited, The Procter & Gamble Company, Johnson & Johnson Inc., Kao Corporation, Avon Products Inc., Revlon Consumer Products Corporation, Coty Inc., Beiersdorf AG, Neutrogena Corporation, Fresh Cosmetics Limited, Groupe Clarins, Dermalogica Inc., Murad LLC, Mario Badescu Skin Care Inc., First Aid Beauty Limited, Galderma S. A., Vellvette Lifestyle Private Limited
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Top Trend - Innovative Product Developments In The Overnight Face Mask Market
Product innovations are a key trend gaining popularity in the overnight face mask market. The companies operating in the overnight face mask sector are developing innovative products to meet end-customer demands and strengthen their market position. For instance, in January 2022, Kiehl's LLC, a US-based retailer of skin, hair, and body care products launched an Overnight Hydrating Face Mask with 10.5% squalene to strengthen the skin barrier. The product is formulated with 10.5% squalene to deeply nourish and stabilize the skin barrier by reducing moisture loss overnight.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Overnight Face Mask Market Characteristics
3. Overnight Face Mask Market Trends And Strategies
4. Overnight Face Mask Market - Macro Economic Scenario
5. Overnight Face Mask Market Size And Growth
…..
27. Overnight Face Mask Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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