Discolouration Serum Market Size, Share, Opportunities, And Trends By Product Type (Vitamin C Serums, Niacinamide Serums, Kojic Acid Serums, Others), By Form (Water Based, Oil Based, Gel Based, Others), By Formulation (Natural and Organic, Synthetic, Vegan and Cruelty-Free), By Distribution Channel (Online, Offline (Specialty Stores, Supermarkets and Hypermarkets, Pharmacies and Drugstores)), And By Geography- Forecasts From 2025 To 2030

  • Published : Jan 2025
  • Report Code : KSI061617251
  • Pages : 140
excel pdf power-point

The Discolouration Serum Market is expected to grow at a CAGR of 6.20%, reaching a market size of US$4.395 billion in 2030 from US$3.254 billion in 2025.

Discoloration serum specifically treats uneven skin tone (dark spots) and hyperpigmentation. It contains strong but gentle ingredients that help reduce sun, acne, or age-related discolorations. Due to its fast absorption, such serum is easily incorporated into any daily regimen and on all skin types.

Brands have been developing advanced-formulated serums with compounds like niacinamide, vitamin C, and kojic acid. The craze for "clean beauty" has further augmented the demand for serums with natural and cruelty-free formulations. Presently, these products are made available to a more comprehensive range of customers through the significant online marketing of products.

The discoloration serum market is growing steadily, fuelled by increasing consumer skin care awareness and increased motivation to achieve healthy skin that is uniformly toned and radiant. With mounting concerns over sun damage, aging, and post-acne marks, there is a growing demand for these types of targeted therapies, such as discoloration serums.

What are the Discoloration Serum Market drivers?

  • Increased health and hygiene awareness is propelling the market expansion

Modern consumers are adopting skincare rituals as part of their self-care routines, emphasizing increasing knowledge of familiar skin problems such as hyperpigmentation, dark spots, or uneven skin tone. They want to know about specific solutions to help with these problems as they learn more about healthy and clear skin. Hence, public awareness regarding the benefits of specific treatments is accelerating the demand for discoloration serums.

The online platforms present valuable skincare advice on demand for customers, eventually translating into rising demand for face care solutions that treat pigmentation but also without complicated and invasive procedures. According to Cosmetics Italia, in 2023, skincare constituted 16% of overall cosmetics consumption in Italy, with a consumption valuation of up to EUR 1,612 million, signifying a 9.5% growth over the previous year’s consumption scale. Today, discoloration serums are widely recognized for their honest, visible results, and when it comes to qualities such as safety and non-invasiveness, they are at the top of the list.

  • Advancements in the skincare formulations is stimulating market growth

The discoloration serum market growth has been driven largely by innovations in skincare technology. The growing number of informed consumers constantly looking for an effective means of tackling problems like hyperpigmentation and uneven skin tone is pushing brands to develop promising new efficacy serums. Thus, serums are now concentrated with effective but gentle agents that target melanin activity inhibition or reabsorption while being less irritating to the skin. Along with modified product attributes, consumerism is steadily leaning toward clean, sustainable, and cruelty-free beauty products.

There has been a greater acceptance of these discoloration serums due to ethical and eco-consciously consumerist choices. Nowadays, consumers are more interested in products that meet high standards of sustainability and ethical production. 

Major challenges hindering the Discolouration Serum Market:

  • Concern regarding side effects and regulatory complications can hamper the market expansion

Some consumers can be skeptical about the functioning of such serums, as an individual might have enough experience with trying many products without much success to be wary of trying others. A similar period of not really fast but steady results can slow down their adoption rates. The regulatory complications ensuring the safety and ingredient standards in different regions are also pretty complicated to follow. The high prices featured in the premium discoloration serums also limit their availability for cheaper consumers. Adding to the shifting consumer preferences, such things are another difficult hurdle that may slow down the discoloration serum market expansion.

The discoloration serum market has several challenges that block its chances of growth. First among them is the immense competition in the skincare industry. Too many brands offering similar things make it uncomfortable for smaller or newer brands to market themselves distinctively.

Geographical outlook of the Discolouration Serum Market:

  • The Asia Pacific region is poised for steady growth

By geography, the discoloration serum market is segmented into North America, South America, Europe, the Middle East & Africa, and Asia Pacific. Asia-Pacific, including major regional economies, namely India, China, and Japan, will considerably be at the forefront of regional market growth due to varied economic factors such as rapid urbanization, improvement in consumer purchase power, and booming self-consciousness, followed by higher income levels. There is also heightened awareness of skincare routines and the importance of hyperpigmentation, dark spots, and uneven skin tone among consumers in these markets.

In India and China, where the skincare market is fast developing, consumers are looking to try out products that promise brighter and even skin more than ever. In Japan, such serums have gained popularity as part of an already-established beauty routine. Additionally, major cosmetics brands, namely Shiseido, L’Oreal, and Johnson & Johnson, have established their businesses in such regional economies and are investing constantly in new skin & face care serums. These combined facts drive the increase in demand for discoloration serums across the Asia-Pacific market, making it one of the prime growing markets.

Key developments in the Discoloration Serum Market:

  • In September 2022, L'Oréal USA invested $140 million in a new research and innovation (R&I) center in New Jersey, USA. The center will use green science and beauty technology to focus on beauty innovation across skin, hair, and makeup categories. The R&I center is spread across 250,000 square feet and would amalgamate more than 550 employees from the company's North American research and innovation, including advanced product development and research & evaluation.

Discolouration Serum Market Scope:

Report Metric Details
Discolouration Serum Market Size in 2025 US$3.254 billion
Discolouration Serum Market Size in 2030 US$4.395 billion
Growth Rate CAGR of 6.20%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Product Type
  • Form
  • Formulation
  • Distribution Channel
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Discolouration Serum Market
  • Air Liquide
  • Air Products, Inc
  • Wesfarmers Ltd. (Coregas)
  • Linde plc
  • Messer Group GmbH
Customization Scope Free report customization with purchase

 

The Discolouration Serum Market is analyzed into the following segments:

  • By Product Type
    • Vitamin C Serums
    • Niacinamide Serums
    • Kojic Acid Serums
    • Others
  • By Form
    • Water Based
    • Oil Based
    • Gel Based
    • Others
  • By Formulation
    • Natural and Organic
    • Synthetic
    • Vegan and Cruelty-Free
  • By Distribution Channel
    • Online
    • Offline
      • Specialty Stores
      • Supermarkets and Hypermarkets
      • Pharmacies and Drugstores
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The discolouration serum market is expected to reach a total market size of US$4.395 billion by 2030.

Discolouration Serum Market is valued at US$3.254 billion in 2025.

The global discolouration serum market is expected to grow at a CAGR of 6.20% during the forecast period.

Factors include rising demand for skincare, growing awareness about hyperpigmentation, new product innovations, and increased urbanization.

The Asia Pacific region is anticipated to hold a significant share of the discolouration serum market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. DISCOLORATION SERUM MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Vitamin C Serums

5.3. Niacinamide Serums

5.4. Kojic Acid Serums

5.5. Others

6. DISCOLORATION SERUM MARKET BY FORM

6.1. Water Based

6.2. Oil Based

6.3. Gel Based 

6.4. Others

7. DISCOLORATION SERUM MARKET BY FORMULATION

7.1. Introduction

7.2. Natural and Organic

7.3. Synthetic

7.4. Vegan and Cruelty-Free

8. DISCOLORATION SERUM MARKET BY DISTRIBUTION CHANNEL

8.1. Introduction

8.2. Online 

8.3. Offline

8.3.1. Specialty Stores

8.3.2. Supermarkets and Hypermarkets

8.3.3. Pharmacies and Drugstores

9. DISCOLORATION SERUM MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Product Type

9.2.2. By Formulation

9.2.3. By Distribution Channel

9.2.4. By Country

9.2.4.1. United States

9.2.4.2. Canada

9.2.4.3. Mexico

9.3. South America

9.3.1. By Product Type

9.3.2. By Form

9.3.3. By Formulation

9.3.4. By Distribution Channel

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Product Type

9.4.2. By Form

9.4.3. By Formulation

9.4.4. By Distribution Channel

9.4.5. By Country

9.4.5.1. Germany

9.4.5.2. France

9.4.5.3. United Kingdom

9.4.5.4. Spain

9.4.5.5. Others

9.5. Middle East and Africa

9.5.1. By Product Type

9.5.2. By Form

9.5.3. By Formulation

9.5.4. By Distribution Channel

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Product Type

9.6.2. By Form

9.6.3. By Formulation

9.6.4. By Distribution Channel

9.6.5. By Country

9.6.5.1. China

9.6.5.2. Japan

9.6.5.3. South Korea

9.6.5.4. India

9.6.5.5. Thailand

9.6.5.6. Indonesia

9.6.5.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. L’Oréal

11.2. Unilever

11.3. Johnson & Johnson

11.4. Procter & Gamble (P&G)

11.5. Estée Lauder Companies

11.6. AbbVie (formerly Allergan)

11.7. Beautylish

11.8. DECIEM

11.9. Shiseido

11.10. Coty Inc.

L’Oréal

Unilever

Johnson & Johnson

Procter & Gamble (P&G)

Estée Lauder Companies

AbbVie (formerly Allergan)

Beautylish

DECIEM

Shiseido

Coty Inc.