Europe Cosmetics Face Serum Market Size, Share & Industry Trends Analysis Report By Gender (Women, Men and Unisex), By Product Type, By Application, By Distribution Channel, By Price Point (Economy, Medium and Premium), By Country and Growth Forecast, 2022 - 2028
The Europe Cosmetics Face Serum Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
Vitamin C is a potent ingredient in the context of skincare. Primarily, it is known for its antioxidant properties as it helps to deactivate the free radicals formed due to environmental pollution and stress. Therefore, vitamin C is a critical antioxidant serum ingredient available in the market. Vitamin C also assists in cellular repair, reduces inflammation, and wound healing, and improves collagen production, resulting in more resilient and elastic skin and a reduction in wrinkles and fine lines.
Skincare using Vitamin C is known to have benefits like natural collagen boosters and enhancement in the quality, texture, and elasticity of the skin. In addition, it helps the skin to look younger. Cosmetics face serum has gained significant popularity among cosmetics users across the world, especially amongst the middle-aged segment, which is more inclined to have a youthful appearance. Most face serums are developed to target consumers with oily skin and sensitive skin types. Additionally, anti-acne serums, skin-shining serums, skin-whitening serums, and anti-aging serums are the most crucial cosmetics face serum market.
Most of Europe’s 500 million customers use personal and cosmetic care goods regularly to maintain their health and boost their self-esteem. Also, the demand for non-surgical cosmetic treatment has increased significantly in the past few years. The German dermatology department has also started to offer some of these methods. European cosmetic & personal care products manufacturers spend a considerable number of annual profits on R&D. All of these characteristics and their awareness in the region encourage the utilization of serum in personal care and cosmetic products, creating a significant opportunity to expand the cosmetic face serum market in Europe.
The Germany market dominated the Europe Cosmetics Face Serum Market by Country in 2021; thereby, achieving a market value of $318.9 million by 2028. The UK market is exhibiting a CAGR of 3.3% during (2022 - 2028). Additionally, The France market would experience a CAGR of 5% during (2022 - 2028).
Based on Gender, the market is segmented into Women, Men and Unisex. Based on Product Type, the market is segmented into Face Sunscreen Serum, Blemish Treatment Serum, Acne Treatment Serum, Face Moisturizer Serum, Eye Serum, Face Self Tanning Serum and Others. Based on Application, the market is segmented into Households, Salons, Entertainment Industry and Others. Based on Distribution Channel, the market is segmented into Hypermarkets/supermarkets, Specialty Stores, Online Retail and Others. Based on Price Point, the market is segmented into Economy, Medium and Premium. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Procter & Gamble Company, L'Oreal Group, Beiersdorf AG, Kao Corporation, Estee Lauder Companies Inc., Shiseido Company, KOSE Corporation, Coty, Inc. (JAB Cosmetics B.V.) (Philosophy, Inc.) and EMK Products, LLC
Scope of the Study
Market Segments covered in the Report:
By Gender
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