The Business Research Company’s Overnight Face Mask Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
— The Business Research Company
LONDON, GREATER LONDON, UK, November 6, 2023 /EINPresswire.com/ — The global overnight face mask market, valued at $21.81 billion in 2022, is expected to reach $23.47 billion in 2023, displaying a substantial compound annual growth rate (CAGR) of 7.6%. Despite the disruptions caused by the Russia-Ukraine war, leading to economic sanctions, supply chain disturbances, and inflation across various sectors, the market is anticipated to expand to $31.03 billion by 2027, maintaining a steady CAGR of 7.2%.
Market Segmentation and Key Players
•Product: Creams And Gels, Sheets
•Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Stores, Other Distribution Channels
•Application: Men, Women, Children
Leading overnight face mask market players such as L’Oréal S.A., Laniege, e.l.f. Cosmetics Inc., The Body Shop, Peter Thomas Roth Labs LLC., Lotus Herbals, Lakmé Cosmetics, Innisfree, The Estée Lauder Companies Inc., Vichy Laboratories, Avon Products, Inc., Amorepacific Corporation, Unilever, Origins Natural Resources, Inc., and Jurlique International Pty Ltd. are driving the market with their innovative overnight face mask products.
Gain insights into the market dynamics with our sample report:
Escalating Skin-Related Concerns as a Market Driver
The market is primarily fueled by the increasing prevalence of various skin-related issues globally. Factors such as work-life stress, hectic lifestyles, and improper diets have contributed to rising skin concerns among individuals. As adequate sleep is crucial for overall health, consumers are turning to overnight face masks to address these concerns. Reports from the American Academy of Dermatology Association highlight the growing instances of melanoma cases in the United States, underscoring the importance of skincare products for addressing skin-related issues.
Product Innovations as a Key Market Trend
Prominent companies operating in the overnight face mask market are actively engaged in product innovations to cater to the evolving demands of end-users and fortify their market positions. For instance, Kiehl’s LLC, a US-based retailer of skincare products, introduced an Overnight Hydrating Face Mask in January 2022. This innovative product, formulated with 10.5% squalene, is designed to deeply nourish and strengthen the skin barrier by reducing moisture loss during overnight application.
Regional Analysis and Market Dynamics
Asia-Pacific currently holds the largest share in the global overnight face mask market, while North America is expected to demonstrate the fastest growth in the forecast period. The comprehensive market analysis encompasses key regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
For a comprehensive understanding of the overnight face mask market, refer to our complete market report:
Overnight Face Mask Global Market Report 2023 from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Overnight Face Mask Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on overnight face mask market size, overnight face mask market drivers and trends, overnight face mask market major players, overnight face mask market competitors’ revenues, overnight face mask market positioning, and market overnight face mask market across geographies. The overnight face mask market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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