Global Cosmetics Face Serum Market is valued at approximately USD 3.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% during the forecast period 2023-2030. Cosmetic Face Serums are lightweight formulations that are designed to target specific skin concerns such as wrinkles, acne, blemishes and more. Face serums are more effective than any cream as it contain concentrated active compounds to treat various skin-related issues. The Global Cosmetic Face Serum Market is growing continuously due to factors such as rising focus on skincare, increasing expenditure in skincare and growing anti-aging concerns.
In the present scenario, rising income has led to a rapid increase in increasing expenditure on skincare and personal care products. According to Statista, in the year 2020, the total revenue generated through the skincare market stood at USD 90.76 billion globally. In 2023, it rose up to USD 108.9 billion and it is projected to reach USD 130.3 billion by the year 2028. The continuous increase in the expenditure in the global Skincare and Personal Care Market has led to a simultaneous increase in the Global Cosmetic Face Serum Market as well. Moreover, customization in the formulation and rising demand for organic skincare are the opportunities for the Cosmetic Face Serum that lead to the market growth. However, rising competition and high cost of production hinder the growth of the Cosmetics Face Serum Market throughout the forecast period of 2023-2030.
The key regions considered for the Global Cosmetics Face Serum Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market due to factors such as the rapid increase in the cases of skin-related issues, innovations in skincare formulations and high emphasis on beauty as well as personal care. Asia Pacific is expected to grow significantly over the forecast period which is driven by factors such as a rising middle-class population, increasing disposable income and a growing focus on skincare and beauty.
Major market player included in this report are:
- Chanel
- Estee Lauder Companies, Inc.
- Beiersdorf Ag
- Kose Corporation
- Procter & Gamble Co.
- Philosophy Inc.
- L'Oreal
- Kao Corporation
- EMK Products, LLC
- Shiseido
Recent Developments in the Market:
- In August 2020, Estee Lauder introduced a new Advanced Night Repair Synchronized Recovery Serum that claimed to minimize the appearance of blemishes and uneven skin tone by 50% in 4 weeks.
- In September 2020, Amway India launched Artistry Signature Select Personalized Serum which provides customized skincare products. This product is sold through Amway direct sellers and internet platforms.
Global Cosmetics Face Serum Market Report Scope:
- Historical Data -2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered -Product Type, Price Point, Gender, Application, Distribution Channel, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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:
By Gender:
By Application:
- Households
- Salons
- Entertainment Industry
- Others
By Distribution Channel:
- Hypermarkets/supermarkets
- Specialty Stores
- Online Retail
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Cosmetics Face Serum Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Cosmetics Face Serum Market, by Product Type ,2020-2030 (USD Billion)
- 1.2.3. Cosmetics Face Serum Market, by Price Point, 2020-2030 (USD Billion)
- 1.2.4. Cosmetics Face Serum Market, by Gender, 2020-2030 (USD Billion)
- 1.2.5. Cosmetics Face Serum Market, by Application, 2020-2030 (USD Billion)
- 1.2.6. Cosmetics Face Serum Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Cosmetics Face Serum Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Cosmetics Face Serum Market Dynamics
- 3.1. Cosmetics Face Serum Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising focus on skincare
- 3.1.1.2. Increasing expenditure on Skin Care
- 3.1.1.3. Growing anti-aging concerns
- 3.1.2. Market Challenges
- 3.1.2.1. Rising Competition
- 3.1.2.2. High Cost of Production
- 3.1.3. Market Opportunities
- 3.1.3.1. Customization in formulations
- 3.1.3.2. Rising Demand for Organic Products
Chapter 4. Global Cosmetics Face Serum Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Cosmetics Face Serum Market, by Product Type
- 5.1. Market Snapshot
- 5.2. Global Cosmetics Face Serum Market by Product Type, Performance - Potential Analysis
- 5.3. Global Cosmetics Face Serum Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
- 5.4. Cosmetics Face Serum Market, Sub Segment Analysis
- 5.4.1. Eye Serum
- 5.4.2. Blemish Treatment Serum
- 5.4.3. Acne Treatment Serum
- 5.4.4. Face Sunscreen Serum
- 5.4.5. Face Moisturizer Serum
- 5.4.6. Face Self Tanning Serum
- 5.4.7. Others
Chapter 6. Global Cosmetics Face Serum Market, by Price Point
- 6.1. Market Snapshot
- 6.2. Global Cosmetics Face Serum Market by Price Point, Performance - Potential Analysis
- 6.3. Global Cosmetics Face Serum Market Estimates & Forecasts by Price Point 2020-2030 (USD Billion)
- 6.4. Cosmetics Face Serum Market, Sub Segment Analysis
- 6.4.1. Premium
- 6.4.2. Medium
- 6.4.3. Economy
Chapter 7. Global Cosmetics Face Serum Market, by Gender
- 7.1. Market Snapshot
- 7.2. Global Cosmetics Face Serum Market by Gender, Performance - Potential Analysis
- 7.3. Global Cosmetics Face Serum Market Estimates & Forecasts by Gender 2020-2030 (USD Billion)
- 7.4. Cosmetics Face Serum Market, Sub Segment Analysis
- 7.4.1. Men
- 7.4.2. Women
- 7.4.3. Unisex
Chapter 8. Global Cosmetics Face Serum Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Cosmetics Face Serum Market by Application, Performance - Potential Analysis
- 8.3. Global Cosmetics Face Serum Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 8.4. Cosmetics Face Serum Market, Sub Segment Analysis
- 8.4.1. Households
- 8.4.2. Salons
- 8.4.3. Entertainment Industry
- 8.4.4. Others
Chapter 9. Global Cosmetics Face Serum Market, by Distribution Channel
- 9.1. Market Snapshot
- 9.2. Global Cosmetics Face Serum Market by Distribution Channel Performance - Potential Analysis
- 9.3. Global Cosmetics Face Serum Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
- 9.4. Cosmetics Face Serum Market, Sub Segment Analysis
- 9.4.1. Hypermarkets/supermarkets
- 9.4.2. Specialty Stores
- 9.4.3. Online Retail
- 9.4.4. Others
Chapter 10. Global Cosmetics Face Serum Market, Regional Analysis
- 10.1. Top Leading Countries
- 10.2. Top Emerging Countries
- 10.3. Cosmetics Face Serum Market, Regional Market Snapshot
- 10.4. North America Cosmetics Face Serum Market
- 10.4.1. U.S. Cosmetics Face Serum Market
- 10.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
- 10.4.1.2. Price Point breakdown estimates & forecasts, 2020-2030
- 10.4.1.3. Gender breakdown estimates & forecasts, 2020-2030
- 10.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 10.4.1.5. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Cosmetics Face Serum Market
- 10.5. Europe Cosmetics Face Serum Market Snapshot
- 10.5.1. U.K. Cosmetics Face Serum Market
- 10.5.2. Germany Cosmetics Face Serum Market
- 10.5.3. France Cosmetics Face Serum Market
- 10.5.4. Spain Cosmetics Face Serum Market
- 10.5.5. Italy Cosmetics Face Serum Market
- 10.5.6. Rest of Europe Cosmetics Face Serum Market
- 10.6. Asia-Pacific Cosmetics Face Serum Market Snapshot
- 10.6.1. China Cosmetics Face Serum Market
- 10.6.2. India Cosmetics Face Serum Market
- 10.6.3. Japan Cosmetics Face Serum Market
- 10.6.4. Australia Cosmetics Face Serum Market
- 10.6.5. South Korea Cosmetics Face Serum Market
- 10.6.6. Rest of Asia Pacific Cosmetics Face Serum Market
- 10.7. Latin America Cosmetics Face Serum Market Snapshot
- 10.7.1. Brazil Cosmetics Face Serum Market
- 10.7.2. Mexico Cosmetics Face Serum Market
- 10.8. Middle East & Africa Cosmetics Face Serum Market
- 10.8.1. Saudi Arabia Cosmetics Face Serum Market
- 10.8.2. South Africa Cosmetics Face Serum Market
- 10.8.3. Rest of Middle East & Africa Cosmetics Face Serum Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Chanel
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Recent Developments
- 11.3.2. Estee Lauder Companies, Inc
- 11.3.3. Beiersdorf Ag
- 11.3.4. Kose Corporation
- 11.3.5. Procter & Gamble Co.
- 11.3.6. Philosophy Inc.
- 11.3.7. L'Oreal
- 11.3.8. Kao Corporation
- 11.3.9. EMK Products, LLC
- 11.3.10. Shiseido
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption