Global Cosmetic Serum Market 2020-2024
Technavio has been monitoring the cosmetic serum market and it is poised to grow by $ 1.54 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on cosmetic 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing sales of luxury beauty products and the introduction of brands owned and endorsed by celebrities.
The cosmetic serum market analysis includes product segment and end-user.
Technavio's cosmetic serum market is segmented as below:
- Sun care serum;
- Hair care serum
By Geographic Landscapes
- North America
- South America
This study identifies the rising demand for male beauty products as one of the prime reasons driving the cosmetic serum market growth during the next few years.
Technavio 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. Our cosmetic serum market covers the following areas:
- Cosmetic serum market sizing
- Cosmetic serum market forecast
- Cosmetic serum market industry analysis
Technavio's 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 cosmetic serum market vendors that include Beiersdorf AG, CHANEL Ltd., Coty Inc., Henkel AG & Co. KGaA, Kao Corp., LVMH Moët Hennessy - Louis Vuitton SE, Shiseido Co. Ltd., The Estée Lauder Companies Inc., and The Procter & Gamble Co. Also, the cosmetic serum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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.
Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.