According to the recent study the cosmetic Face Serum market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by rising demand for cosmetic and skincare products, rising skin diseases such as acne, facial wrinkles, and ageing, and increasing number of domestic and niche brands.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in cosmetic face serum market by product type (eye serums, blemish and acne treatment serums, face sunscreen serums, face moisturizing serums, facial self-tanning serums, and others), price point (premium, medium, and economy), gender (men, women, and unisex), application (households, salon, entertainment industry, and others), distribution channel (hypermarkets/supermarkets, specialty stores, online retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Cosmetic face serum for women market is expected to remain the largest segment during the forecast period.”
Based on gender, the cosmetic face serum market is segmented into men, women, and unisex. Lucintel forecasts that the cosmetic face serum for women market is expected to remain the largest segment due to increasing need to protect skin from pollution and bad weather, harmful side effects of counterfeit cosmetics, and the demand for maintain looks and match with the current fashion trends.
“Within the cosmetic face serum market, the household segment is expected to remain the largest application”
Based on application the household segment is expected to witness the highest growth over the forecast period due to because the consumers use cosmetics and face serums for their personal and daily use to protect their skin health and to prevent the skin-related diseases.
“Asia pacific will dominate the cosmetic face serum market in near future”
APAC remains the fastest growing region due to increasing sales of premium cosmetic products, changes in lifestyle patterns in emerging countries because rapid urbanization, increase in awareness about advanced skin care products, and the expansion of the middle-class population.
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Major players of cosmetic face serum market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. EMK Products, First Aid Beauty, Proctor & Gamble, Hindustan Unilever, L’Oreal, Bioderma, Beierserdof, Kose Corporation., Johnson & Johnson, and Kao Corporation are among the major cosmetic face serum providers.
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