The Global Cosmetics Face Serum Market is Predict to reach $4.6 Billion by 2028, at a CAGR of 4.6%

Published Date: 30-Nov-2022

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Cosmetics Face Serum Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cosmetics Face Serum Market size is expected to reach $4.6 billion by 2028, rising at a market growth of 4.6% CAGR during the forecast period.

The Men market is exhibiting a CAGR of 4.8% during (2022 - 2028). The demand for such products is increasing with the growing acceptance of serums among cosmetic consumers. The shift in lifestyles and increasing awareness about cosmetic usage and its uses are important factors driving the acceptance of cosmetics among the population, especially the working class.

The Face Sunscreen Serum market is leading the segment in the Global Cosmetics Face Serum Market by Product Type in 2021; thereby, achieving a market value of $1.5 billion by 2028. It is because the sunscreen serum works as a shield between the UVB and UVA rays from the sun and consumer skin. These dangerous rays increase the threat of skin cancer and propel the symptoms of premature aging.

The Entertainment Industry market is showcasing a CAGR of 4.9% during (2022 - 2028). The entertainment industry has a significant user share for cosmetics. The industry typically uses makeup to enhance the looks and style of actors and actresses. Also, the kind of makeup to be used depends on the character the person has to perform. Among various cosmetic products, face serums are essential in this industry as the characters need to look appealing during the shoot.

The Hypermarkets/supermarkets market is generating high revenue in the Global Cosmetics Face Serum Market by Distribution Channel in 2021; thereby, achieving a market value of $1.9 billion by 2028. It is because supermarkets in emerging nations have procured many consumers in the markets. However, supermarkets provide various customer benefits, including discounts, offers, selection freedom, and the availability of international brands.

The Premium market is registering a CAGR of 5.2% during (2022 - 2028). Premium cosmetics are making ways to cater to consumer demand and provide cost-effective, high-quality products. Since long makeup has been utilized in beauty products and with the rise in the acceptance of visual attractiveness and aesthetics, the market is experiencing promising growth.

The North America market dominated the Global Cosmetics Face Serum Market by Region in 2021; thereby, achieving a market value of $1.5 billion by 2028. The Europe market is poised to grow at a CAGR of 4.2% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 5% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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

Global Cosmetics Face Serum Market Segmentation

By Gender

  • Women
  • Men
  • Unisex

By Product Type

  • Face Sunscreen Serum
  • Blemish Treatment Serum
  • Acne Treatment Serum
  • Face Moisturizer Serum
  • Eye Serum
  • Face Self Tanning Serum
  • Others

By Application

  • Households
  • Salons
  • Entertainment Industry
  • Others

By Distribution Channel

  • Hypermarkets/supermarkets
  • Specialty Stores
  • Online Retail
  • Others

By Price Point

  • Economy
  • Medium
  • Premium

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.)
  • EMK Products, LLC

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Related Reports:

North America Cosmetics Face Serum Market Future Scope & Opportunities 2022-2028

Europe Cosmetics Face Serum Market Size & Growth Forecast 2022-2028

Asia Pacific Cosmetics Face Serum Market Size, Share & Industry Outlook to 2028

LAMEA Cosmetics Face Serum Market Growth, Trends & Forecasts 2022-2028

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