Global Facial Serum Market 2023-2027

Global Facial Serum Market 2023-2027
The facial serum market is forecasted to grow by USD 466.23 mn during 2022-2027, accelerating at a CAGR of 7.92% during the forecast period. The report on the facial serum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing portfolio extension to include facial serums with different properties, introduction of brands owned or endorsed by celebrities, and increasing sales of luxury beauty products.

Technavio's facial serum market is segmented as below:

By Distribution ChannelOfflineOnlineBy ProductEye serumBlemish and acne treatment serumsFace sunscreen serumsFace moisturizing serumsFacial self-tanning serumsBy Geographical LandscapeAPACNorth AmericaEuropeSouth AmericaMiddle East and AfricaThis study identifies the increasing use of natural and organic ingredients in facial serums as one of the prime reasons driving the facial serum market growth during the next few years. Also, growing prominence of social media influencers and vendors leveraging online channels and in-store digital initiatives for growth will lead to sizable demand in the market.

The report on the facial serum market covers the following areas:Facial serum market sizingFacial serum market forecastFacial serum market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facial serum market vendors that include A.G. Industries, Amway Corp., Beiersdorf AG, Bio Veda Action Research Co., Chanel Ltd., Coty Inc., EMK Products LLC, HCP Wellness, Johnson and Johnson, Kao Corp., LOreal SA, Natura and Co Holding SA, O3plus, PEP Technologies Pvt. Ltd., Procter and Gamble, Radha Beauty, Saks Direct Inc., Shiseido Co. Ltd., The Estee Lauder Companies, and Unilever PLC. Also, the facial serum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.