Global Facial Serum Market Size study & Forecast, by Type by Form, by Distribution Channel and Regional Analysis, 2023-2030

Description

List of Tables

Global Facial Serum Market is valued approximately USD 5.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2023-2030. The increasing use of facial serum is propelled by several factors, including the aging population worldwide and a growing understanding of the significance of safeguarding and nurturing healthy skin. Facial serums are formulated with potent ingredients such as retinol, hyaluronic acid, and vitamin C, renowned for their efficacy in addressing diverse skin-related issues. The findings from a 2021 survey conducted by the European Academy of Dermatology and Venerology (EADV) revealed that nearly half (47.9%) of the European population aged 18 and above encountered at least one dermatological condition in the past 12 months. Among the most prevalent skin conditions reported were fungal skin infections (9.07%), atopic dermatitis (AD) (5.34%), alopecia (5.22%), and acne (5.49%). Given these statistics, there's an anticipated surge in demand for facial serums containing active ingredients to address various skin concerns over the forecast period. Advancements in skincare technology have sparked the creation of innovative serums featuring ethically sourced ingredients, sustainable packaging, and cutting-edge delivery systems. Encapsulation technology, for instance, plays a pivotal role by shielding active ingredients from degradation and facilitating targeted delivery for maximum effectiveness.

A prime example of this innovation is demonstrated by Plum Goodness, an Indian beauty brand committed to vegan and cruelty-free products. In October 2023, the brand unveiled a new product line encompassing hair care and beauty essentials, ranging from face serums and creams to sunscreens and moisturizers. Noteworthy among these offerings is the 2% Encapsulated Salicylic Acid Face Serum, enriched with pear extracts renowned for their abundance of amino acids and potent antioxidants. This formulation aids in enhancing skin elasticity and bolstering the skin barrier, exemplifying the brand's dedication to quality and efficacy. Moreover, Certain active ingredients in facial serums may cause skin irritation or allergic reactions in some individuals, posing a challenge to widespread adoption.

The key regions considered for the Global Facial Serum Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe emerged as the dominant force in the global facial serum industry, with Germany, France, and the UK serving as key contributors. This dominance is fueled by factors such as high disposable incomes and well-established beauty regimens among consumers in these regions. Additionally, the propensity of European consumers to invest in premium and luxury beauty products has propelled demand for facial serums crafted from natural and organic ingredients. Furthermore, the escalating prevalence of skincare concerns and the aging population have spurred investments in proactive skincare solutions. Facial serums, renowned for their targeted efficacy in addressing issues such as aging, acne, and hyperpigmentation, have gained traction as preferred solutions among consumers seeking specialized skincare remedies.

Asia Pacific is poised to witness the most substantial growth, with a projected Compound Annual Growth Rate (CAGR) in 2030. This growth trajectory is attributed to the burgeoning middle-class population in the region, driving a surge in demand for premium facial care products. The diverse array of ethnicities and skin types prevalent in Asia Pacific has contributed to a plethora of skin concerns among consumers, further fueling the demand for specialized skincare solutions.

Major market player included in this report are:

L'Oreal S.A.
Galderma S.A.
Amorepacific Group Inc.
KOSE Corporation
Clarins Inc.
Unilever plc
Shiseido Company Limited
Beiersdorf AG
Estee Lauder Companies Inc.
Revlon Inc.

Recent Developments in the Market:

In February 2023, Shiseido Asia Pacific forged a strategic distribution partnership with Global SS Beauty Brands Limited, a subsidiary of Shoppers Stop, a leading fashion and beauty retail chain in India. This collaborative endeavor is designed to amplify Shiseido's footprint in the Indian market by extending its brand penetration and accessibility across the region.
In January 2023, Kose Corporation unveiled a strategic collaboration with Aman Group SARL, a multinational hospitality enterprise headquartered in Switzerland. This partnership entails the development of a novel skincare line under an Original Equipment Manufacturer (OEM) contract.

Global Facial Serum Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Form, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Anti-Aging Serums
Skin Brightening Serums
Acne Fighting Serums
Hydrating Face Serums
Exfoliating Face Serums
Others

By Form:

Oil Based
Gel Based
Water Based
Others

By Distribution Channel:

Supermarkets & Hypermarkets
Drugstores & Pharmacies
Specialty Beauty Stores
Online Retailers
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Facial Serum Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Facial Serum Market, by Type, 2020-2030 (USD Billion)
- 1.2.3.Facial Serum Market, by Form, 2020-2030 (USD Billion)
- 1.2.4.Facial Serum Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Facial Serum Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Facial Serum Market Dynamics

3.1.Facial Serum Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing awareness of skincare routines
  - 3.1.1.2.Rising Demand for Anti-Aging Products
- 3.1.2.Market Challenges
  - 3.1.2.1.Potential Skin Sensitivity
  - 3.1.2.2.Competition from Substitute Products
- 3.1.3.Market Opportunities
  - 3.1.3.1.Growing trend towards personalized skincare solutions
  - 3.1.3.2.Growing consumer demand for clean, eco-friendly, and sustainable skincare products

Chapter 4.Global Facial Serum Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Facial Serum Market, by Type

5.1.Market Snapshot
5.2.Global Facial Serum Market by Type, Performance - Potential Analysis
5.3.Global Facial Serum Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4.Facial Serum Market, Sub Segment Analysis
- 5.4.1. Anti-Aging Serums
- 5.4.2.Skin Brightening Serums
- 5.4.3.Acne Fighting Serums
- 5.4.4.Hydrating Face Serums
- 5.4.5.Exfoliating Face Serums
- 5.4.6.Others

Chapter 6.Global Facial Serum Market, by Form

6.1.Market Snapshot
6.2.Global Facial Serum Market by Form, Performance - Potential Analysis
6.3.Global Facial Serum Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
6.4.Facial Serum Market, Sub Segment Analysis
- 6.4.1. Oil Based
- 6.4.2.Gel Based
- 6.4.3.Water Based
- 6.4.4.Others

Chapter 7.Global Facial Serum Market, by Distribution Channel

7.1.Market Snapshot
7.2.Global Facial Serum Market by Distribution Channel, Performance - Potential Analysis
7.3.Global Facial Serum Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
7.4.Facial Serum Market, Sub Segment Analysis
- 7.4.1. Supermarkets & Hypermarkets
- 7.4.2.Drugstores & Pharmacies
- 7.4.3.Specialty Beauty Stores
- 7.4.4.Online Retailers
- 7.4.5.Others

Chapter 8.Global Facial Serum Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Facial Serum Market, Regional Market Snapshot
8.4.North America Facial Serum Market
- 8.4.1.U.S. Facial Serum Market
  - 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Form breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Facial Serum Market
8.5.Europe Facial Serum Market Snapshot
- 8.5.1.U.K. Facial Serum Market
- 8.5.2.Germany Facial Serum Market
- 8.5.3.France Facial Serum Market
- 8.5.4.Spain Facial Serum Market
- 8.5.5.Italy Facial Serum Market
- 8.5.6.Rest of Europe Facial Serum Market
8.6.Asia-Pacific Facial Serum Market Snapshot
- 8.6.1.China Facial Serum Market
- 8.6.2.India Facial Serum Market
- 8.6.3.Japan Facial Serum Market
- 8.6.4.Australia Facial Serum Market
- 8.6.5.South Korea Facial Serum Market
- 8.6.6.Rest of Asia Pacific Facial Serum Market
8.7.Latin America Facial Serum Market Snapshot
- 8.7.1.Brazil Facial Serum Market
- 8.7.2.Mexico Facial Serum Market
8.8.Rest of The World Facial Serum Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. L'Oreal S.A.
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2. Galderma S.A.
- 9.3.3.Amorepacific Group Inc.
- 9.3.4.KOSE Corporation
- 9.3.5.Clarins Inc.
- 9.3.6.Unilever plc
- 9.3.7.Shiseido Company Limited
- 9.3.8.Beiersdorf AG
- 9.3.9.Estee Lauder Companies Inc.
- 9.3.10.Revlon Inc.

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Facial Serum Market, report scope
TABLE 2.Global Facial Serum Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Facial Serum Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4.Global Facial Serum Market estimates & forecasts by Form 2020-2030 (USD Billion)
TABLE 5.Global Facial Serum Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 6.Global Facial Serum Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Facial Serum Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Facial Serum Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Facial Serum Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Facial Serum Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Facial Serum Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Facial Serum Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Facial Serum Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Facial Serum Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Facial Serum Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Row Facial Serum Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.Row Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.Row Facial Serum Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Facial Serum Market
TABLE 71.List of primary sources, used in the study of global Facial Serum Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Facial Serum Market, research methodology
FIG 2.Global Facial Serum Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Facial Serum Market, key trends 2022
FIG 5.Global Facial Serum Market, growth prospects 2023-2030
FIG 6.Global Facial Serum Market, porters 5 force model
FIG 7.Global Facial Serum Market, pest analysis
FIG 8.Global Facial Serum Market, value chain analysis
FIG 9.Global Facial Serum Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Facial Serum Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Facial Serum Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Facial Serum Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Facial Serum Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Facial Serum Market, regional snapshot 2020 & 2030
FIG 15.North America Facial Serum Market 2020 & 2030 (USD Billion)
FIG 16.Europe Facial Serum Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Facial Serum Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Facial Serum Market 2020 & 2030 (USD Billion)