Global Organic Skincare Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
Global Organic Skincare Market Overview:
“The global Organic Skincare Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Natural skincare uses various ingredients available in nature such as topical lotions and creams. Organic skincare is a process of providing care to skin with organic and natural products, which are produced out of organically grown ingredients and free from pesticides. Organic skincare products are much beneficial for skin as there are little chemical ingredients in them. Organic skincare products work better for skin as they are grown without any pesticides and herbicides.
Organic products are better for environment, a natural alternative, and work better for skin. In addition, natural products rehydrate, which enables skin to stay moisturized. Skincare with natural products assists in skin age beautifully and gracefully. Moreover, applying organic products has much more benefits such as protection from infections, healing skin damage, reduced sensitivity and reactions, more balanced hormones, cancer-fighting properties, less irritation, vitamins nourish skin, and low in perfumes. Applying skincare products with chemicals can cause various skin diseases and may result in appearing pores on skin and further breakouts and inflammation of pores.
Skincare products with chemicals can also create dead skin on various parts and make your skin grey and dull. Even, it can lead to occur long term damages such as eczema and rosacea. Therefore, skin specialists often advise consumers to apply only organic products for their skincare. Organic skincare enhances skin appearance, support skin integrity, and relieves skin conditions.
Among some of the factors driving demand for organic skincare in the global organic skincare market is increasing demand for sunscreens, organic body lotions and face creams. Regulatory approval from various bodies such as FDA, EU, and USDA for using externally is expected to further increase demand for organic skincare products during the forecast period. Another factor driving growth of the market is increasing awareness about various benefits of organic products over their counterparts.
Efforts by key companies to rise R&D expenditure to develop improved plant and animal extracts into various organic products are expected to further drive demand for the products in the global organic skincare market during the forecast period. E-commerce has enabled consumers to have wide range of choices for each product in the market.
The products which are not available in malls and retail stores can be purchased online currently. This E-commerce trend is expected to fuel demand for the products during the forecast period. Technological innovations including oligopeptides are very helpful to increase efficiency and shelf life of organic products and this is expected to be a factor driving growth of the global market.
In addition, increasing product accessibility owing to widening various distribution networks of suppliers and manufacturers is expected to further drive demand for organic skincare products in the global organic skincare market during the forecast period.
Global Organic Skincare Market Segment Analysis:
Among the product segments, the face creams segment is estimated to account for the majority revenue share in the market and is expected to continue over the forecast period. This growth of the segment is attributed to consumers’ increasing inclination towards adoption of face cream products with natural ingredients such as fruits, vegetables, and herbs.
By Distribution Channel:
The supermarkets & hypermarkets segment has been gaining traction, owing to various choices available in supermarkets & hypermarkets, where consumers can have a physical touch and feel experience to make a purchasing decision of their choice.
Global Organic Skincare Market Regional Analysis:
The market in North America is projected to register a significantly high revenue compounded annual growth rate over the forecast period. This can be attributed to increasing awareness about the benefits of using organic skincare products. In addition, increasing consumption of organic and natural creams and lotions in the region is expected fuel demand for the product over the forecast period in the region.
Global Organic Skincare Market Segmentation:
- Face Creams
- Body Lotions
By Distribution channel:
- Conveniences Stores
- Specialist Stores
- Online Retail Stores
- Other Distribution Channels
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Bare Escentuals
- Natura Cosméticos S.A.
- Burt’s Bee, Kiehl’s
- The Body Shop
- Estee Lauder
- Yves Rocher Amway
- Arbonne International
- The Hain Celestial Group
- Aveda Corp.
- L'Occitane en Provence
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