Cosmetic Serum Market is Estimated to Witness High Growth Owing to Advancements in Anti-Aging Formulations
Cosmetic serum is a concentrated formula that delivers active ingredients to the skin for the purpose of hydrating, brightening and anti-ageing. The serum formulations contain ingredients like antioxidants, retinol and hyaluronic acid that help improve the overall skin texture and radiance. The growing demand for skin lightening, anti-ageing and acne treatment serum products are driving the growth of this market. Cosmetic serums are known to deeply penetrate the skin layers and show targeted results, making them a preferred choice among consumers. New innovations are also being witnessed in serums formulated for specific skin concerns such as dark spots, dark circles, blemishes etc. The Global Cosmetic Serum Market is estimated to be valued at US$ 5.43 Bn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the Cosmetic Serum market are L'Oréal S.A., Estée Lauder Companies Inc., Shiseido Company, Limited, ...