Facial Serum Market 2024-2028
The facial serum market is forecasted to grow by USD 616.6 mn during 2023-2028, accelerating at a CAGR of 9.4% during the forecast period. The report on the facial serum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing portfolio extension to include facial serums with different properties, introduction of brands owned or endorsed by celebrities, and increasing sales of luxury beauty products.
Technavio's facial serum market is segmented as below:
- By Distribution Channel
- Offline
- Online
- By Product
- Eye serum
- Blemish and acne treatment serums
- Face sunscreen serums
- Face moisturizing serums
- Facial self-tanning serums
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing use of natural and organic ingredients in facial serums as one of the prime reasons driving the facial serum market growth during the next few years. Also, growing prominence of social media influencers and vendors leveraging online channels and in-store digital initiatives for growth will lead to sizable demand in the market.
The report on the facial serum market covers the following areas:
- Facial serum market sizing
- Facial serum market forecast
- Facial serum market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facial serum market vendors that include A.G. Industries, Amway Corp., Beiersdorf AG, Bio Veda Action Research Co., Chanel Ltd., Coty Inc., EMK Products LLC, HCP Wellness, Johnson and Johnson Services Inc., Kao Corp., LOreal SA, Natura and Co Holding SA, O3plus, PEP Technologies Pvt. Ltd., Procter and Gamble Co., Radha Beauty, Saks Direct Inc., Shiseido Co. Ltd., The Estee Lauder Companies, and Unilever PLC. Also, the facial serum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.