Night Creams Market: Future Growth Opportunities in Luxury and Affordable Segments
The global night creams market size was valued at USD 9.72 billion in 2023 and is anticipated to grow at a CAGR of 6.2% from 2024 to 2030. Increasing consumer awareness about skincare and the benefits of night creams is a significant driver. As more people prioritize their skincare routines, the demand for specialized products such as night creams has surged. In addition, the rise in disposable income, especially in emerging economies, allows consumers to spend more on premium skincare products. The growing influence of social media and beauty influencers also plays a crucial role in promoting night creams, making them more popular among younger demographics. There is a strong shift towards products with natural and organic ingredients as consumers become more health-conscious and environmentally aware. There’s also a growing demand for multifunctional night creams that offer benefits beyond hydration, such as anti-aging, brightening, and skin repair. The market is expected...