Specifically created to give a high concentration of active ingredients to treat various skin-related conditions, cosmetic face serum is a skin care product. Serums are thicker than moisturisers and transparent, liquid, or gel-based skin care solutions. There are variety of cosmetic face serums available that serve a variety of purposes, including skin brightening, hydration, anti-aging, and many more. Face serum for cosmetics can hydrate skin more efficiently than creams or other skin care items. Cosmetic serums are skincare products formulated in a fluid, stable form that allows for deep penetration into the skin when applied. They are created to target specific skincare concerns like anti-aging, dark spots, wrinkles, and hydration. The growing focus on personal care and grooming among people across age groups has augmented the demand for innovative cosmetic serums catering to various skin requirements.
Market Dynamics
Increasing consumer focus on skincare, rising beauty and personal care expenditure, and advancements in skincare technology and formulations is anticipated to drive growth of the global cosmetic serum market over the forecast period. Moreover, growing anti-aging concerns is also expected to boost growth of the global cosmetic serum market over the forecast period. Expanding consumer base, rising demand for natural and organic products, and customization and personalization are expected to create growth opportunities for the global cosmetic serum market during the forecast period.
However, high competition and saturation, regulatory constraints and product pricing and affordability are expected to hamper growth of the global cosmetic serum market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global cosmetic serum market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cosmetic serum market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include L'Oréal S.A., Estée Lauder Companies Inc., Shiseido Company, Limited, Procter & Gamble Co., Johnson & Johnson Services, Inc., Beiersdorf AG, Unilever PLC, The Body Shop International Limited, Kao Corporation, Colgate-Palmolive Company, Amway Corporation, Avon Products, Inc., Mary Kay Inc., Clarins Group, Coty Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cosmetic serum market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cosmetic serum market
Detailed Segmentation:
- By Product Type:
- Anti-Aging Serums
- Hydrating and Moisturizing Serums
- Brightening Serums
- Acne Treatment Serums
- Anti-Pigmentation Serums
- Others
- By Ingredient Type:
- Vitamin C Serums
- Hyaluronic Acid Serums
- Retinol Serums
- Peptide Serums
- Antioxidant Serums
- Plant Extract Serums
- Others
- By Distribution Channel:
- Online Retailing
- Offline Retailing
- By End User:
- Women
- Men
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top companies in Cosmetic Serum Market
- L'Oréal S.A.
- Estée Lauder Companies Inc.
- Shiseido Company, Limited
- Procter & Gamble Co.
- Johnson & Johnson Services, Inc.
- Beiersdorf AG
- Unilever PLC
- The Body Shop International Limited
- Kao Corporation
- Colgate-Palmolive Company
- Amway Corporation
- Avon Products, Inc.
- Mary Kay Inc.
- Clarins Group
- Coty Inc.