Global Herbal Cosmetics Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031

Herbal Cosmetics Market Introduction:

Cosmetics are items used to change or improve the body's facial appearance and texture. Herbal cosmetics are the products that contain natural compounds derived from a variety of natural sources that influence skin functions and provide the necessary nutrients for healthy skin or hair. Ingredients such as sunflower oil, dry powders of herbs, fresh juices, gums, Heena, jojoba oil, coconut oil, and neem are used to manufacture herbal cosmetics. Herbal cosmetics are products free of additives and are made using extracts from plant roots, seeds, shrubs, leaves, and herbs such as turmeric and aloe Vera. Since these products are free from all the harmful synthetic chemicals that might otherwise be poisonous to the skin, demand for herbal cosmetics is growing around the globe.

Some of the benefits of using natural cosmetics make them a better choice compared to synthetic cosmetics. The advantages of natural products include safe to use, compatible with all skin types, a wide selection to choose from, no severe side effects, and many more. There is a wide range of herbal cosmetics produced and widely used for everyday purposes. Herbal cosmetics such as herbal conditioners, herbal soaps, herbal face wash, herbal shampoos and many more are exceptionally popular with the masses.

Herbal Cosmetics Market Drivers

Rising consumer standards of living and boom in the e-commerce industry are growing consumer's scope for herbal cosmetics. The use of antiseptic and antioxidant-rich ingredients to produce herbal cosmetics helps the target market to grow. In addition, products derived from natural sources help to reduce reliance on petroleum-based beauty products. The availability of different types of herbal beauty products and the expansion of the distribution network will play a key role in driving market growth in the upcoming year.

Availability Of Alternative Products Is Expected To Limit The Revenue Growth Of Target Market

Availability of alternative products and the growing importance of clinical treatments may hinder the growth of the herbal cosmetics industry over the forecast period. The availability of the raw materials used to make cosmetics is limited and expensive. This factor is likely to hamper the herbal cosmetics market in the forecast period. The increase in demand for herbal medicines in the skincare industry serves as an opportunity in the forecast period for the herbal cosmetics market. The Government of Mexico is creating favourable country rules and regulations that are likely to develop new market investment opportunities in the near future. Herbal makeup is the latest beauty and fashion trend.

COVID-19 Impact Analysis on Herbal Cosmetics Market

The recent COVID-19 pandemic caused significant disruptions throughout the economies across the globe. The initial stage of the pandemic resulted in lockdowns of several countries, imposing trade regulations of critical raw materials, which resulted in halts in the production of cosmetics to a certain extent.

Herbal Cosmetics Market Dynamics

Global Herbal Cosmetics market is segmented based on the physical state, product type, distribution channel, and region. The product type segment is segregated into skincare products, hair care products, baby care products, oral care products, make-up products, and other product segments. Among product types segment, the skincare segment accounts for the highest revenue share and is expected to dominate the target market. This is attributed to increasing awareness of the use of herbal products for skin enhancement, such as slowing the aging process.

Geographically, Asia Pacific is estimated to account for the majority market share and will continue to dominate the target market in the next few years. This is attributed to increased awareness of the benefits of herbal ingredients, increased per capita income, and rapid urbanization. North America is also expected to increase the target market, owing to economic growth and growth in sales of quality products in the region. Countries such as Vietnam, Indonesia, and Malaysia are switching from synthetic chemicals to herbal skincare products.

Leading Personal Care Brands Worldwide In 2020

1. L’Oreal Paris
2. Colgate
3. P&G
4. Lancome
5. Garnier
6. Nivea
7. Dove
8. Olay
9. Crest

Global Herbal Cosmetics Market Segmentation:

Based on the Form

• Solid
• Semi-solid
• Liquid

Based on the Product Type

• Skin Care Products
• Hair Care Products
• Baby Care Products
• Oral Care Products
• Make-up Products
• Other Product Types

Based on Distribution Channel

• Supermarket/Hypermarket
• Departmental Store
• Internet Retailing
• Specialty Store
• Other Distribution Channel

Based on Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Peru
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Players in the Market are:

• APCOS NATURALS Pvt. Ltd.
• Emami Ltd.
• L'Oréal SA
• Patanjali Ayurved Ltd.
• The Hain Celestial Group Inc.
• The Himalaya Drug Co.
• The Procter & Gamble Co.
• Three-N-Products Pvt. Ltd.
• Weleda AG
• VLCC Healthcare Ltd
• Tata's Natural Alchemy, LLC
• Aveda Corporation
• Other Key Players