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Cosmetic Serum Market worth $6.16 billion by 2030, growing at a CAGR of 5.09% - Exclusive Report by 360iResearch

Cosmetic Serum Market worth $6.16 billion by 2030, growing at a CAGR of 5.09% - Exclusive Report by 360iResearch

 

 
The "Cosmetic Serum Market by Туре (Anti-Acne, Anti-Aging, Skin Whitening), Gender (Men, Women), Distribution Channel - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Cosmetic Serum Market to grow from USD 4.35 billion in 2023 to USD 6.16 billion by 2030, at a CAGR of 5.09%.

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The cosmetic serum market encompasses a wide range of high-concentration liquid or gel formulations designed to deliver powerful ingredients directly into the skin. These products target distinct skincare concerns, such as aging, hydration, brightening, and acne reduction, making them essential to advanced skincare routines. Cosmetic serums are primarily distinguished by their application methods and their end-use objectives. They are applied after cleansing but before moisturizing, allowing for deeper penetration of active ingredients. The end-use consumers are individuals seeking targeted solutions for their skincare concerns, thereby driving the demand in the market's dermatological and cosmetic segments. This includes personal application and professional use in spas and by dermatologists. The cosmetic serum market is growing due to increasing consumer awareness regarding skincare routines and the importance of active ingredients in skincare products, social media influence, and celebrity endorsements coupled with the emergence of eCommerce and growing demand for natural and organic cosmetic serums. However, the adoption of cosmetic serums is hindered by the high cost of cosmetic serums and Strict regulations regarding the formulation and commercialization of cosmetic products. On the other hand, the introduction of enhanced cosmetic serums with sustainable packaging, increasing emphasis on personalized skincare solutions, and growing middle-class populations in emerging markets offer substantial growth prospects for the cosmetic serum market.

The demand for anti-aging serums dominates the market in North America, particularly the United States. Consumers prioritize products with active ingredients such as hyaluronic acid, vitamin C, and retinol. The South American market is witnessing a surge in demand for serums catering to sun damage repair and hydration, influenced by the region's climate. Beauty trends focusing on natural and organic ingredients have accelerated the growth of the serum market across the Americas. The European serum market is characterized by a strong preference for luxury and high-end products, especially in Western Europe. There is a growing demand for serums with antioxidant properties and products that address pollution-related skin concerns. Consumers are well-informed and exhibit a high willingness to invest in premium products that promise efficacy and are backed by scientific research. Within the Middle East and Africa, the market is evolving with an increased awareness of skincare routines. The demand in the Middle East is particularly strong for high-performance serums with hydrating and whitening effects, reflecting the region's climate and beauty standards. Meanwhile, the market is gradually expanding in Africa, with South Africa at the forefront of demand for cosmetic serums. The APAC region is a significant growth driver for the cosmetic serum market due to its large and engaged consumer base. Innovative product formats and ingredients popularized by K-beauty significantly influence consumer preferences. South Korea, Japan, China, and India showcase a high demand for serums that offer brightening and anti-pollution benefits. The market is also experiencing a growing trend in clean beauty and natural ingredients.

Market Segmentation & Coverage:

This research report categorizes the Cosmetic Serum Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Туре, market is studied across Anti-Acne, Anti-Aging, and Skin Whitening. The Skin Whitening is projected to witness significant market share during forecast period.

Based on Gender, market is studied across Men and Women. The Women is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Hypermarkets/supermarkets and Specialty Stores. The Offline is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.74% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Cosmetic Serum Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Cosmetic Serum Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Cosmetic Serum Market, highlighting leading vendors and their innovative profiles. These include Amway Corp., Avon Products Inc., CHANEL, Clarins Group, Coty Inc., DECIEM Beauty Group Inc., e.l.f. Cosmetics, Inc., EMK Products LLC, Erno Laszlo, Inc., Honasa Consumer Limited, Indeed laboratories, Kao Corporation, Kendo Holdings, Inc., KOSÉ Corporation, LA PRAIRIE GROUP AG, L'Oréal S.A., PIXI - SJOVIK LTD., Rock & Herb Private Limited, Sephora USA, Inc., Shiseido Co., Ltd., Siam Botanicals, The Estee Lauder Companies Inc., The Honest Company, Inc., The Procter and Gamble Co., and Unilever Group.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cosmetic Serum Market, by Туре
7. Cosmetic Serum Market, by Gender
8. Cosmetic Serum Market, by Distribution Channel
9. Americas Cosmetic Serum Market
10. Asia-Pacific Cosmetic Serum Market
11. Europe, Middle East & Africa Cosmetic Serum Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Cosmetic Serum Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cosmetic Serum Market?
3. What is the competitive strategic window for opportunities in the Cosmetic Serum Market?
4. What are the technology trends and regulatory frameworks in the Cosmetic Serum Market?
5. What is the market share of the leading vendors in the Cosmetic Serum Market?
6. What modes and strategic moves are considered suitable for entering the Cosmetic Serum Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.


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