Market Overview:
The global cosmetic serum market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as rising awareness about personal care, increasing demand for anti-aging products, and growing trend of using natural ingredients in cosmetics. The skin and sun care serum segment is expected to dominate the global cosmetic serum market during the forecast period owing to increasing demand for sunscreens and other skin care products. The hair care serum segment is projected to grow at a high CAGR during the forecast period due to increasing demand for hair serums that help in repairing damaged hair and restoring its shine and health. In terms of region, North America dominates the global cosmetic serum market followed by Europe.
Product Definition:
A cosmetic serum is a skincare product that contains a high concentration of active ingredients and is designed to penetrate deep into the skin. Serums are typically applied to cleansed skin before other skincare products such as moisturizers or sunscreens. They are often used by people with oily, dry, or sensitive skin because they are more concentrated than other types of skincare products and can be more effective at addressing specific concerns.
Skin and Sun Care Serum:
SKIN & SUN CARE SERUM IS A PRIMER, AN AMINO ACID, A LIPOSOMAL BASIS, ORGANIC INGREDIENT WHOSE PURPOSE IS TO INCREASE THE ABSORPTION OF SKINCare BYSTANDING CELLS (Langerhans), AND INCREASES The PHYSICAL CAPACITY OF The Skin For Better Absorption Of Nutrients.
Hair Care Serum:
Hair Care Serum is a preparation of vitamins, proteins, and other ingredients that are beneficial for hair growth. It helps in nourishing the scalp and increasing blood circulation to the root, stem or bulb of hair. Hair care serums also contain anti-oxidants which help in neutralizing free radicals present on the scalp that may cause damage to hair follicles. The product also helps in stimulating new collagen production which gives softness and luster to strands.
Application Insights:
The retail stores accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to increasing consumer awareness about personal grooming and changing lifestyles, which has resulted in an increased demand for cosmetic products across the globe. Increasing number of shopping malls and hypermarkets have also played a significant role in driving the sales through their retail stores.
Cosmetic serum is used by people who have sensitive skin as it helps reduce redness & irritation caused due to adverse effects on skin from other cosmetics or medications being used at same time. It is also gaining popularity among people having acne as it helps clear up acne scars & pimples overnight without any side effects, which is expected to propel its demand over the forecast period significantly among all age groups globally including teens and twenties globally especially women!.
Regional Analysis:
Asia Pacific dominated the global cosmetic serum market in 2017. This is attributed to growing consumer awareness regarding skin and hair care along with rising disposable income. Furthermore, increasing penetration of international brands such as Kiko Milano and L’Or©al Group in emerging economies of Asia Pacific is expected to drive demand for cosmetic serums over the forecast period. North America also held a significant share owing to high spending on personal care products by consumers in this region.
Europe holds a considerable share due to high concentration of cosmetics manufacturing companies such as L'Or©al SA; Beiersdorf AG; AVON Product Inc.; Bioderma S.A.; Gisou Paris Charles-Jourdan; Laboratoire Belair S.A.
Growth Factors:
- Increasing demand for anti-aging products: The global population is aging, and this is resulting in an increasing demand for anti-aging products. Cosmetic serums are one of the most popular types of anti-aging products, and this is driving the growth of the cosmetic serum market.
- Rising awareness about the benefits of cosmetic serums: Consumers are becoming increasingly aware of the benefits of using cosmetic serums, such as improved skin health and appearance. This is leading to an increase in demand for these products, driving the growth of the market.
- Growing popularity of natural and organic cosmetics: There is a growing trend towards using natural and organic cosmetics, as consumers are becoming more aware about the potential health risks associated with synthetic ingredients used in conventional cosmetics formulations. This is benefiting players operating in the cosmetic serum market as it leads to higher demand for their products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetic Serum Market Research Report
By Type
Skin and Sun Care Serum, Hair Care Serum, Others
By Application
Retail Stores, Specialty Stores, Online Stores
By Companies
P&G, Unilever, Chanel, Shiseido, Estee Lauder, Kao, L’Oreal, LVMH, Amway, Clarins, P&G
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetic Serum Market Report Segments:
The global Cosmetic Serum market is segmented on the basis of:
Types
Skin and Sun Care Serum, Hair Care Serum, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Stores, Specialty Stores, Online Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- P&G
- Unilever
- Chanel
- Shiseido
- Estee Lauder
- Kao
- L’Oreal
- LVMH
- Amway
- Clarins
- P&G
Highlights of The Cosmetic Serum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skin and Sun Care Serum
- Hair Care Serum
- Others
- By Application:
- Retail Stores
- Specialty Stores
- Online Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetic Serum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cosmetic serum is a type of skincare product that helps to improve the appearance of skin. It is typically made up of ingredients that help to moisturize, nourish, and protect the skin. Cosmetic serums can also contain ingredients that help to improve the appearance of wrinkles or age spots.
Some of the major players in the cosmetic serum market are P&G, Unilever, Chanel, Shiseido, Estee Lauder, Kao, L’Oreal, LVMH, Amway, Clarins, P&G.
The cosmetic serum market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetic Serum Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cosmetic Serum Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cosmetic Serum Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cosmetic Serum Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cosmetic Serum Market Size & Forecast, 2020-2028
4.5.1 Cosmetic Serum Market Size and Y-o-Y Growth
4.5.2 Cosmetic Serum Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Skin and Sun Care Serum
5.2.2 Hair Care Serum
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail Stores
6.2.2 Specialty Stores
6.2.3 Online Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetic Serum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetic Serum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Skin and Sun Care Serum
9.6.2 Hair Care Serum
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail Stores
9.10.2 Specialty Stores
9.10.3 Online Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Skin and Sun Care Serum
10.6.2 Hair Care Serum
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail Stores
10.10.2 Specialty Stores
10.10.3 Online Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Skin and Sun Care Serum
11.6.2 Hair Care Serum
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail Stores
11.10.2 Specialty Stores
11.10.3 Online Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Skin and Sun Care Serum
12.6.2 Hair Care Serum
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail Stores
12.10.2 Specialty Stores
12.10.3 Online Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Skin and Sun Care Serum
13.6.2 Hair Care Serum
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail Stores
13.10.2 Specialty Stores
13.10.3 Online Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetic Serum Market: Competitive Dashboard
14.2 Global Cosmetic Serum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 P&G
14.3.2 Unilever
14.3.3 Chanel
14.3.4 Shiseido
14.3.5 Estee Lauder
14.3.6 Kao
14.3.7 L’Oreal
14.3.8 LVMH
14.3.9 Amway
14.3.10 Clarins
14.3.11 P&G
