About Hydrating Face Serums
The serum is a skincare product applied after cleansing but before moisturizing. It is made up of smaller molecules that can penetrate deeply into the skin. This makes face serums a great tool for targeting specific skincare concerns, like wrinkles or drying. Hydrating serums are packed with a high concentration of active ingredients (like hyaluronic acid) that readily absorb into the skin. The market for skincare products has witnessed a high growth rate in recent years, especially in developed nations. Developing nations pose a potential market owing to increasing awareness of products and growing consciousness.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that French Vendors will contribute the maximum growth to Global Hydrating Face Serums market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LVMH Moet Hennessy (France), Botanics (United Kingdom), L'Oreal (France), Allergan (Ireland), SkinCeuticals (United States), Peter Thomas Roth (United States), Laboratoires Pierre Fabre (France), PCA SKIN (United States), Dermalogica (United States) and Caudalie (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Laboratoire Bioderma (France).
Segmentation Overview
AMA Research has segmented the market of Global Hydrating Face Serums market by Type (Oil-Based and Water-Based) and Region.
On the basis of geography, the market of Hydrating Face Serums has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ingredients, the sub-segment i.e. Hydrators {Botanical water/oil, Glycerin, Ceramides, Amino Acids} will boost the Hydrating Face Serums market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Hydrating Face Serums market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Personal Care Products in Emerging Nations
Market Growth Drivers:
Growing Consciousness about Grooming Leading to Increasing Demand for Cosmetics and Rising Disposable Incomes & Changing Consumer Behaviour
Challenges:
Transparency & Traceability in Ingredients Supply Chains
Restraints:
Stringent Government Regulations to Ensure Safety of Product
Opportunities:
Increasing Adaption Due To Changing Quality Of Life & Awareness about Various Products and Distribution Channels & Marketing Are Increasing Market Potential
Market Leaders and their expansionary development strategies
In January 2024, Renew and replenish skin with Double Rewind Pro-Grade 0.3% Retinol Serum, OLEHENRIKSEN's new silky dual-action retinol here to pave the way to an improved retinol experience. Clinically proven to visibly reduce the appearance of wrinkles and retexturize skin in just two weeks, this powerful yet balanced formula is the key to restoring youthful skin. It's time to hit rewind on your wrinkles with each joyful application of OLEHENRIKSEN's new Double Rewind Pro-Grade 0.3% Retinol Serum.
In February 2024, Bubble skincare has landed on the moon. The cult favorite Gen Z skincare brand has released Moonwalk Gentle Exfoliating Serum. A blend of acids, fruit extracts and humectants, the serum smooths, sooths and brightens sensitive skin without irritation.
FDA regulates cosmetics under the Federal Food, Drug and Cosmetic Act (FD&C Act). Under this law, cosmetics must not be adulterated or misbranded. Any color additives they contain must be approved for the intended use, and some must be from batches certified in FDA’s own labs. FDA does not have regulations specifying good manufacturing practices (GMP) for cosmetics. However, the "Good Manufacturing Practice (GMP) Guidelines/Inspection Checklist" is a list of factors an FDA investigator will look at during an inspection. The FDA regulates the labeling of ingredients for cosmetic and personal care products via the FPLA. Whether cosmetic or personal care products are manufactured domestically or imported, they must comply with the FDA’s labeling requirements. Under the FP&L Act, the FDA also requires that labels contain the business’ name and address, as well as the address for the manufacturer, packer or distributor.
Key Target Audience
Serum Manufacturer, Healthcare Industry, Raw Material Supplier, End-User and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.