openPR Logo
Press release

Cosmetics Face Serum Market Projected Expansion to $5.6 Billion Value by 2031 | Procter & Gamble, L'ORÉAL, Beiersdorf AG, KOSÉ Corp., Kao Corp., PHILOSOPHY, INC, CHANEL Ltd.

02-29-2024 09:28 AM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Cosmetics Face Serum Market

Cosmetics Face Serum Market

𝐓𝐡𝐞 𝐜𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐟𝐚𝐜𝐞 𝐬𝐞𝐫𝐮𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟑.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏, 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟓.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟏, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟖% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟐 𝐭𝐨 𝟐𝟎𝟑𝟏.

According to a new report published by Allied Market Research, titled, "Cosmetics Face Serum Market by Product Type, by Price Point, by Gender, by Application, by Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/2336

Rise in consciousness among people regarding beauty, rapid changes in lifestyle, increase in standard of living, growth of the cosmetics industry in both developed and developing nations, and increase in popularity of vegan and plant-based ingredient blends in cosmetics drive the growth of the global cosmetics face serum market. On the other hand, high cost of these products hinders the growth of the market to an extent. However, introduction of new products with natural ingredients and inventive packaging is expected to offer new opportunities for the industry.

Cosmetics face serum is a skincare treatment based on oil and water that helps to treat the skin. The face serum's moisturizing properties are significantly higher than most cosmetics used for humidifying the face. The high moisturizing property of the face serum is attracting customers to opt for it instead of using any other cosmetic product. In response to the increase in demand for effective solutions, the cosmetics face serum industry has taken considerable steps to address particular skincare issues such as acne, skin lightening, aging, and wrinkles. Cosmetics face serum market trends have grown popular among the worldwide population, particularly among middle-aged people who wish to maintain their youthful appearance through the usage of cosmetics face serum.

The cosmetics face serum market holds a substantial scope for growth; however, its contribution to the world market would increase significantly within the next six years. Innovation is the key to the success of the cosmetics face serum market. Customers' increased demand for cosmetics goods has prompted producers to develop natural or herbal cosmetics products at reasonable rates and in environmentally friendly packaging.

According to the cosmetics face serum market analysis, the market is segmented based on product type, price point, gender, application, distribution channel, and region. Based on product type, the face sunscreen serum segment held the dominating market share in 2021, holding more than one-fifths of the global cosmetics face serum market, and is expected to retain its dominance during the forecast period, as it provides sun protection to the skin which helps to reduce skin damage and prevent skin diseases in men and women. The face self-tanning serum segment, on the other hand, is expected to cite the fastest CAGR of 5.9% during the forecast period.

Based on price point, the economy segment held the dominating market share in 2021, holding more than two-fifths of the global cosmetics face serum market, and is expected to retain its dominance during the forecast period as it provides desired results as a premium product at an affordable price. The medium segment, on the other hand, is expected to cite the fastest CAGR of 5.0% during the forecast period as it comes with a wide variety as most people prefer mid-range cosmetic face serum according to its quality and affordable prices as well.

𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞: https://www.alliedmarketresearch.com/checkout-final/4946d4bd505691e0a76f852708b396cc

Based on application, the households segment held the dominating market share in 2021, holding nearly half of the global cosmetics face serum market, and is expected to retain its dominance during the forecast period, owing to consumers using them to protect their health, enhance their well-being, and boost their self-esteem. The salons segment, on the other hand, is expected to cite the fastest CAGR of 5.2% during the forecast period.

Region-wise, North America has the highest cosmetics face serum market share of around 31.4% in 2021. This is attributed to the fact that the rise in cases of skin-related issues is a growing concern in the U.S., which is estimated to augment the cosmetic face serum market in the region. According to the American Academy of Dermatology Association, acne is the most common skin condition in the United States and affects up to 50 million Americans annually. Approximately 85% of people between the ages of 12 and 24 experience at least minor acne and skin-related problems, which fuel the market growth for cosmetics face serum in the region.

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.

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐅𝐚𝐜𝐞 𝐒𝐞𝐫𝐮𝐦 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬: Consumer preferences play a significant role in driving demand for face serums. Understanding what consumers are looking for in terms of ingredients, benefits (such as anti-aging, hydration, brightening), packaging, and price points can help identify growth opportunities.

𝐍𝐚𝐭𝐮𝐫𝐚𝐥 𝐚𝐧𝐝 𝐂𝐥𝐞𝐚𝐧 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬: There is a growing demand for natural and clean beauty products, including face serums. Consumers are increasingly conscious of the ingredients they put on their skin and are seeking products free from harmful chemicals. Formulating face serums with botanical extracts, vitamins, and antioxidants can appeal to this segment.

𝐀𝐧𝐭𝐢-𝐀𝐠𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: With an aging population globally, there is a consistent demand for anti-aging skincare products, including face serums. Ingredients like retinol, hyaluronic acid, peptides, and vitamin C are popular for their anti-aging properties. Innovations in formulations and delivery systems can drive growth in this segment.

𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: Personalization is a growing trend in the cosmetics industry. Offering customizable face serums tailored to individual skin concerns can attract consumers looking for personalized skincare solutions. Technologies like AI-powered skin analysis tools can assist in recommending personalized formulations.

𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐄𝐜𝐨-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠: Sustainability is becoming increasingly important to consumers. Brands adopting sustainable practices, such as using eco-friendly packaging materials and reducing carbon footprint, can differentiate themselves and attract environmentally conscious consumers.

𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞: The rise of e-commerce and social media has transformed the cosmetics industry. Brands leveraging digital marketing channels, influencer partnerships, and e-commerce platforms can reach a broader audience and drive sales growth. Engaging content and educational resources can also help build brand loyalty.

𝐖𝐚𝐧𝐭 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/2336

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 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.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 "𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

○ Europe Cosmetics Face Serum Market Size, Share, Growth Analysis
https://www.alliedmarketresearch.com/europe-cosmetics-face-serum-market-A105077

○ UK Cosmetics Face Serum Market Size, Share, Opportunity Analysis
https://www.alliedmarketresearch.com/uk-cosmetics-face-serum-market-A105078

○ North America Cosmetics Face Serum Market Size, Share, Opportunity Analysis
https://www.alliedmarketresearch.com/north-america-cosmetics-face-serum-market-A105073

○ U.S. Cosmetics Face Serum Market Size, Growth, Opportunity Analysis
https://www.alliedmarketresearch.com/u-s-cosmetics-face-serum-market-A105074

○ Canada Cosmetics Face Serum Market Size, Analysis, Opportunity
https://www.alliedmarketresearch.com/canada-cosmetics-face-serum-market-A105075

○ Mexico Cosmetics Face Serum Market Size, Trends, Opportunity
https://www.alliedmarketresearch.com/mexico-cosmetics-face-serum-market-A105076

○ Germany Cosmetics Face Serum Market Size, Analysis, Growth Opportunity
https://www.alliedmarketresearch.com/germany-cosmetics-face-serum-market-A105079

○ France Cosmetics Face Serum Market Size, Trends, Opportunity Analysis
https://www.alliedmarketresearch.com/france-cosmetics-face-serum-market-A105080

○ Italy Cosmetics Face Serum Market Size, Growth, Opportunity Analysis
https://www.alliedmarketresearch.com/italy-cosmetics-face-serum-market-A105081

Contact:

David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.



Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cosmetics Face Serum Market Projected Expansion to $5.6 Billion Value by 2031 | Procter & Gamble, L'ORÉAL, Beiersdorf AG, KOSÉ Corp., Kao Corp., PHILOSOPHY, INC, CHANEL Ltd. here

News-ID: 3405058 • Views:

More Releases from Allied Market Research

Autonomous Navigation Market to Reach $15.91 billion, Globally, by 2031
Autonomous Navigation Market to Reach $15.91 billion, Globally, by 2031
Increase in demand for sense & avoid systems in autonomous system, rise in adoption of autonomous robot in commercial & military applications, and surge in demand for real-time data in military applications drive the growth of the global autonomous navigation market. The global autonomous navigation market was valued at $3.27 billion in 2021, and is projected to reach $15.91 billion by 2031, growing at a CAGR of 17.1% from 2022
Pet Travel Services Market is projected to attain $1315.3 million by 2031, with a compound annual growth rate (CAGR) of 5.4% from 2022 to 2031
Pet Travel Services Market is projected to attain $1315.3 million by 2031, with …
Pet owners are spending a lot on their pets, and they are treating them as important family member. Pet owners are not only spending on grooming activities but also spending on pet holidays to provide them with a luxurious lifestyle. The increase in disposable income of pet owners is one of the most important factors that pulls the market growth. According to a new report published by Allied Market Research, titled,
Travel Accessories is expected to Accumulated a Value of $95.7 billion By registering a CARG of 6.4% in the Forecast Period 2021-2031
Travel Accessories is expected to Accumulated a Value of $95.7 billion By regist …
According to a new report published by Allied Market Research, titled, "Travel Accessories Market," The travel accessories market was valued at $48.2 billion in 2021, and is estimated to reach $95.7 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031. Travel accessories are products that are used during journey, which can be for various purposes, including business and leisure travel. People usually buy travel accessory products to
U.S. corporate event market is anticipated to reach $510.9 billion by 2030, with a compound annual growth rate (CAGR) of 17.3% from 2021 to 2030
U.S. corporate event market is anticipated to reach $510.9 billion by 2030, with …
Tourism industry players focus on five key areas. These include encouraging high-quality tourism experiences, including indigenous tourism, limiting regulatory burden on industry, undertaking marketing campaigns, and working with industry to support the development of tourism infrastructure to drive the demand.According to a new report published by Allied Market Research, titled, "U.S. corporate event market by event type and industry: global opportunity analysis and industry forecast, 2021-2030," the U.S. corporate event

All 5 Releases


More Releases for Cosmetics

Halal Cosmetics Market Surprising Growth| Wardah Cosmetics, MARTHA TILAAR, Amara …
Data Bridge Market Research has recently added a concise research on the Global Halal Cosmetics Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value,
Women Cosmetics Market Future Scope, Opportunities with Strategic Growth and Top …
Overview of Documentary Film and TV Show Market The research report titled ‘Documentary Film and TV Show Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. This report presents a comprehensive overview, market shares and growth opportunities of Documentary Film and TV Show Market by product type, application, key companies and key regions. The report delivers a
Women Cosmetics Market to Witness an Outstanding Growth during 2019-2023 | Women …
Overview of Women Cosmetics Market The research report titled ‘Women Cosmetics Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. This report covers various information about the key players, including price, revenue, gross profit, interview record, business distribution etc. these data help the consumer know about the competitors better. This report also covers all the regions and
Investment Opportunity in Makeup Palettes Market is worth towards 2026| key play …
Worldwide Market Reports has announced the addition of the “Global Makeup Palettes Market Professional Survey Report 2019”,Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. This Makeup Palettes Market report 2019-2026 focus on global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major
Explore What Makeup Palettes Market is? Find out its application, future trends, …
Worldwide Market Reports has announced the addition of the “Global Makeup Palettes Market Professional Survey Report 2019”,Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. KeyPlayers Includes : Adept Cosmetics, Beauty Creations Cosmetics, Beauty Glazed, BH Cosmetics, BYS, Coastal Scents, Maybelline Cosmetics, Measurable Difference, Tarte Cosmetics, Too Faced Cosmetics, Mehron Inc. / Lechler Labs, Morphe,
Global Halal Cosmetics Market 2018 Key Players: Amara Cosmetics, Martha Tilaar G …
Halal Cosmetics Market: WiseGuyReports.com adds “Halal Cosmetics Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database. Executive Summary This report studies the global Halal Cosmetics market status and forecast, categorizes the global Halal Cosmetics market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered