Overnight Face Mask Market To Showcase Impressive Growth Of CAGR 7.1% By 2025 | Grand View Research, Inc.

January 08 19:13 2021
Overnight Face Mask Market To Showcase Impressive Growth Of CAGR 7.1% By 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a report published by Grand View Research, Growing stressful impacts of modern-day lifestyles, inadequate sleep, pollution, and long working duration have indulged the customers to increasingly spend on beauty products, especially skin care solutions, thus driving the market growth.

The global overnight face mask market size is expected to reach USD 29.4 billion by 2025. This leaping market growth rate is the effect of consumers’ rising indulgence in beauty products due to adverse skin effects on account of modern-day urban lifestyles, pollution, long working hours, and inadequate as well as disrupted sleep patterns. In addition to this, increasing demand for convenient, prolonged, and hassle-free skincare regimes has provided a boost to the growth of the overnight face masks market.

Increasing innovation in the product portfolio by major market players to enhance the soothing and rejuvenating effect of the product on consumers is bound to boost the demand in the market. For instance, recently Laniege launched a five-star K-beauty product, Laneige Hypoallergenic Cica Sleeping Mask, which uses fermented forest yeast extract to strengthen the skin barriers and enhance the soothing effect on skin and mind. Also, it can be used with Lip sleeping masks to have an enhanced effect overnight.

Among the product type, cream and gel-based overnight masks accounted for the largest market share in 2018, owing to its ease of usage and effective skin repair features. Beneficial and enriching ingredients are highly used in creams and gel-based products, increasing their contact and absorption by skin overnight leading to effective results. Apart from this, sheets are also gaining ground in the market, on account of the high amount of hyaluronic nutrients and growing acceptance of sheets as a daily skincare routine in comparison with other products. 

Demand for skincare products has received a fillip due to the advent and growth of online shopping sites and E-commerce platforms. Also, growing demands for Korean based overnight mask products are aiding the popularity of online shopping sites. Moreover, online retailers such as Sephora and e.l.f cosmetics have started creating their own formulas in this category to cater to the continuous demand from the consumers. Observing the growing influence of online platforms, manufacturers of skincare products also went live with their own version of online distribution channels which are gaining traction among consumers.

North America is expected to witness the highest growth over the forecast period. This growth is attributed to growing consumer awareness about skincare solutions and the high demand for Korean beauty products. Moreover, celebrity influencers are playing a crucial role in popularizing the skincare trends in this region, which is expected to contribute to market growth.

U.S. overnight face mask market size, by distribution channel, 2015 - 2025 (USD Billion)

 

Request a Sample Copy of the Overnight Face Mask Market Research Report @  https://www.grandviewresearch.com/industry-analysis/overnight-face-mask-market/request/rs1

Further key findings from the report suggest:

  • By product, creams and gels held the largest share of above 55.0% in 2018. Sheets are expected to register the highest CAGR of 7.2% over the forecast period owing to their hassle-free and daily application features

  • By distribution channel, convenience stores accounted for the largest share of 46.8% in 2018. However, online distribution of these face masks is expected to expand at the highest CAGR of 8.8% over the forecast period

  • The Asia Pacific dominated the global market with the largest revenue share of 35% in 2018. However, North America is expected to expand at the highest CAGR of 7.5% over the forecast period.

  • Some of the major players operating in this market are L’Oréal Paris; 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; and Avon Products, Inc. 

Grand View Research has segmented the global overnight face mask market on the basis of product, distribution channel, and region:

Overnight Face Mask Product Outlook (Revenue, USD Billion, 2015 – 2025)

  • Cream & Gels

  • Sheets

Overnight Face Mask Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)

  • Supermarkets & Hypermarkets

  • Convenience Stores

  • Online

Overnight Face Mask Regional Outlook (Revenue, USD Billion, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • India

    • China

  • Central & South America

  • Middle East & Africa

List of Key Players of Overnight Face Mask Market

  • L’Oréal Paris
  • 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.

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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