The Europe Facial Serum Market would witness market growth of 5.8 % CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,04,352.2 thousand units (1 OZ), showcasing a growth of 5.4 % (2019-2022).
Many facial serums contain hydrating ingredients such as hyaluronic acid, glycerin, and ceramides. These ingredients attract and retain moisture, providing intense hydration to the skin. Facial serums with hydrating properties are particularly beneficial for individuals with dry skin, helping to restore and maintain optimal moisture levels. Serums infused with brightening agents like vitamin C, niacinamide, and alpha arbutin work to reduce hyperpigmentation, dark spots, and uneven skin tone. These serums contribute to a brighter and more radiant complexion, promoting a smoother and more uniform skin texture.
Certain facial serums contain ingredients like salicylic acid, niacinamide, and tea tree oil that are known for their acne-fighting properties. These serums help control excess oil production, unclog pores, and reduce inflammation, effectively managing acne and preventing future breakouts. Facial serums with antioxidants such as vitamin E, C, and ferulic acid protect against environmental stressors. These antioxidants help neutralize free radicals caused by pollution, UV radiation, and other external factors, preventing premature aging and skin damage.
The Germany market dominated the Europe Facial Serum Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $622.2 million by 2030, The UK market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.6% during (2023 - 2030).
German consumers are increasingly seeking transparency in product formulations. Clean beauty in Germany places a strong emphasis on natural and organic ingredients. Clean beauty in Germany extends beyond ingredient transparency to encompass ethical and sustainable practices. Thus, all these factors will uplift the regional market’s expansion in the coming years.
Free Valuable Insights: The Global Facial Serum Market will Hit USD 8.4 Billion by 2030, at a CAGR of 6.4%
Based on Price Point, the market is segmented into Mass-Market, Premium, and Luxury. Based on Form, the market is segmented into Water Based, Oil Based, Gel Based, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Specialty Beauty Stores, Online Retailers, Drugstores & Pharmacies, and Others. Based on Serum Type, the market is segmented into Anti-Aging Serums, Skin Brightening Serums, Acne Fighting Serums, Hydrating & Exfoliating Face Serums, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Price Point (Volume, Thousand Units (1 OZ), USD Billion, 2019-2030)
By Form (Volume, Thousand Units (1 OZ), USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units (1 OZ), USD Billion, 2019-2030)
By Serum Type (Volume, Thousand Units (1 OZ), USD Billion, 2019-2030)
By Country (Volume, Thousand Units (1 OZ), USD Billion, 2019-2030)
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