Press release
Hyaluronic Acid Serums Market to Reach Valuation of $399.5 Million by 2031
According to the report published by Allied Market Research, the global hyaluronic acid serums market garnered $239.6 million in 2021 and is estimated to generate $399.5 million by 2031, manifesting a CAGR of 5.4% from 2022 to 2031. The report extensively analyzes changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.Download Sample Report: https://www.alliedmarketresearch.com/request-sample/14829
Covid-19 Scenario:
COVID-19 significantly impacted personal care products and cosmetics purchasing habits. The product's demand is experiencing significant disruptions in several end markets, and disrupted global supply chains, and the competitive hierarchy of manufacturers and producers has changed.
The hyaluronic acid serums market was anticipated to expand gradually but steadily through 2031 before the appearance of COVID-19.
The research provides detailed segmentation of the global hyaluronic acid serums based on Type, Molecular Weight, Gender, Distribution Channel and Region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on type, the facial care segment held the highest share in 2021, accounting for around two-third of the hyaluronic acid serums market, and is expected to continue its leadership status during the forecast period. However, the hair care segment is expected to register the highest CAGR of 6.2% from 2022 to 2031.
Based on molecular weight, the low molecular segment accounted for the highest share in 2021, contributing to more than 45% of the global hyaluronic acid serums market, and is expected to maintain its lead in terms of revenue during the forecast period.
However, the high molecular segment is expected to manifest the highest CAGR of 6.0% from 2022 to 2031.
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Based on gender, the women segment held the highest share in 2021, accounting for around three-fifths of the hyaluronic acid serums market. It is expected to continue its leadership status during the forecast period. However, the man segment is expected to register the highest CAGR of 6.0% from 2022 to 2031.
Based on the distribution channel, the specialty store segment accounted for the highest share in 2021, holding more than one-third of the global hyaluronic acid serums market. It is expected to continue its leadership status during the forecast period. However, the online sales channel segment is expected to register the highest CAGR of 6.0% from 2022 to 2031.
Based on region, Europe held the largest share in 2021, contributing to nearly one-third of the global hyaluronic acid serums market share, and is projected to maintain its dominant share in revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 6.4% during the forecast period. The research also analyzes regions including North America and LAMEA.
Leading market players of the global hyaluronic acid serums market analyzed in the research include Anika Therapeutics, Inc., Biocrown Biotechnology Co, DIME Beauty Co, Dr. Dennis Gross, Drunk Elephant (Shiseido), First Aid Beauty (P&G), Glossier, Hyalogic, La Roche-Posay, Maruha Nichiro, Inc., Paula's Choice, Peach & Lily, Salix Pharmaceuticals, Season Cosmetics Co, Seikagaku Corporation, SkinCeuticals, SkinMedica (Allergan), Smith & Nephew Plc, The Ordinary, and Vichy.
The report provides a detailed analysis of these key players in the global hyaluronic acid serums market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Similar Reports We Have on Consumer Goods Industry:
• Eyelash Serum Market Research Report 2020-2031
• Cosmetics Face Serum Market Research Report 2021-2031
• Cosmetic Serum Market Research Report 2021-2030
• Hair Serum Market Research Report 2019-2026
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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
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