Cosmetics Face Serum Market By Product Type (Eye Serum, Blemish Treatment Serum, Acne Treatment Serum, Face Sunscreen Serum, Face Moisturizer Serum, Face Self Tanning Serum, Others), By Price Point (Premium, Medium, Economy), By Gender (Men, Women, Unisex), By Application (Households, Salons, Entertainment Industry, Others), By Distribution Channel (Hypermarkets/supermarkets, Specialty Stores, Online Retail, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The cosmetic face serum market size was $3,470.2 million in 2021 and is estimated to reach $5,577.7 million by 2031, registering a CAGR of 4.8% from 2022 to 2031. Cosmetics face serum is a skin care product that has specific concentrated active ingredients which target specific skincare concerns. Key ingredients used in cosmetic face serums are vitamin C, hyaluronic acid, vitamin A, vitamin E, DMAE (Dimethylaminoethanol), alpha hydroxy acids (AHAs), and peptides. Cosmetics face serums are typically applied before moisturizers. There are different types of cosmetic face serums available in the market which are used for specific skin concerns such as acne, skin brightening, aging, wrinkles, acne treatment, blemish treatment, and face moisturizer. Cosmetics face serums are sold in retail stores, specialty stores, and online stores.
The demand for cosmetic face serum has risen in recent years owing to the growing awareness of skin care products among the population, especially among middle-aged adults in developed economies such as Europe and North America. Furthermore, they are paying more attention to the efficacy and safety of the ingredients they use in cosmetic face serums. The emphasis that modern consumers place on their physical well-being and face beauty is a key contributor to the market's rising demand for cosmetic face serums. With the increasing disposable income, the demand for cosmetic & personal care products is increasing in developing countries such as China and India which is expected to boost the cosmetic face serum market in the developing countries as well.
According to the market analysis, the global cosmetic face serum market is segmented based on product type, price point, gender, application, distribution channel, and region. As per product type, the market is divided into eye serum, blemish treatment serum, acne treatment serum, face sunscreen serum, face moisturizer serum, face self-tanning serum, and others. According to price point, the market is divided into premium, medium, and economy. Depending on gender, the market is divided into men, women, and unisex. Based on application, the market is divided into households, salons, the entertainment industry, and others. By distribution channel, the market is divided into hypermarkets/supermarkets, specialty stores, online retail, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, and rest of LAMEA).
The impact of the COVID-19 outbreak was negative for the growth of the global cosmetic face serum market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. The recovery of the cosmetic face serum market is expected in the near future.
The players operating in the global cosmetics face serum market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Beiersdorf AG, Chanel Ltd., EMK Products, LLC., Kao Corporation, KOSÉ Corporation, L’Oréal S.A., Philosophy, Inc., Shiseido Company, The Estée Lauder Companies Inc., and The Procter & Gamble Company.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cosmetics face serum market analysis from 2021 to 2031 to identify the prevailing cosmetics face serum market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cosmetics face serum market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cosmetics face serum market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Eye Serum
Blemish Treatment Serum
Acne Treatment Serum
Face Sunscreen Serum
Face Moisturizer Serum
Face Self Tanning Serum
Others
By Price Point
Premium
Medium
Economy
By Gender
Men
Women
Unisex
By Application
Households
Salons
Entertainment Industry
Others
By Distribution Channel
Hypermarkets/supermarkets
Specialty Stores
Online Retail
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest Of Asia-Pacific
LAMEA
Brazil
South Africa,
Saudi Arabia
UAE
Argentina
Rest Of LAMEA
Key Market Players
Procter & Gamble Co.
L’Oreal
BEIERSDORF AG
KOSÉ Corporation
SHISEIDO COMPANY
EMK PRODUCTS, LLC
Estee Lauder Companies Inc.
Kao Corporation
Philosophy Inc
Chanel
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