openPR Logo
Press release

ASEAN Organic Cosmetics Market Will Reflect Significant Growth Prospects of US $ 4,410.9 Mn by 2020

12-20-2018 08:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

ASEAN Organic Cosmetics Market Will Reflect Significant Growth

Parent Market Analysis
Beauty and Personal care industry includes skin care, hair care, oral care, toiletries and others. With increase concerns for enhanced appearance, the cosmetic products are witnessing an increased adoption among the consumers across the globe. Moreover, demand for specialised products such as anti-ageing, sunscreen and anti-whitening by the consumers has led the manufacturers to develop such cosmetic products.Additionally, companies are focussed on widening distribution channel across the globe. This is further supported by use of modern techniques such as online marketing and branding to create visibility of products among the increasing online users across the globe.

Organic Cosmetics Overview
Organic cosmetics products are retrieved from organically grown ingredients and processing it naturally without any addition of chemical. The emerging concern with wellbeing, consciousness for greener products and awareness among the consumers about the availability of safer cosmetic products is expected to fuel the market growth for organic cosmetics in the near future.

Market Value Forecast
The ASEAN organic cosmetics market wasvalued at US$ 2,564.7 Mn in 2014 and expected to reach US $ 4,410.9 Mn by 2020, reflecting a CAGR of 9.5% during forecast period. The ASEAN organic cosmetics market is expected to account for nearly 6.6% of the global organic cosmetics market by 2020. The ASEAN organic market witnesses a major contribution from hair care followed by skin care and make up products.

Get Sample Copy of Report @ www.futuremarketinsights.com/reports/sample/rep-gb-as-29

Product Type Analysis
On the basis of product type, the subsegmentation includes skin care, hair care, make up, perfumes, toiletries and others which includes feminine hygiene, baby care and oralcare. Among the above mentioned sub segments, organic skin care market in ASEAN was valued at US$ 1, 089.2Mnin 2014 and is expected to register a CAGR of 9.7% by 2020. Additionally, organic hair careis expected to be the largest market in terms of market share contribution, registering a CAGR of 9.3% by 2020.The demand for organic skin care cosmetic products is supported by increasing acne problems due to oily skin coupled with air pollution among the ASEAN consumers.

Distribution Channel Analysis
On the basis of distribution channel type, the sub segmentation includes department store, franchise outlet, beauty specialist store, direct selling, chemists or pharmacies store, online shopping and others. The franchise outlet is expected to show a double digit growth and emerge as the most dominating distribution mode for organic cosmetic products, preferred by the consumers during the forecast period. Furthermore, department store is predicted to hold second position in terms of CAGR during the forecast period.

Competitive Players Outlook
The ASEAN Organic cosmetics market is dominated by international players such as L'Oreal Group and Estee Lauder Inc. Apart from these, some of the key players profiled in this report includeWeleda Inc.,Groupe L’OCCITANE, W.S. Badger Company, Inc.

If you have any query, ask the Analyst @ www.futuremarketinsights.com/ask-the-analyst/rep-gb-as-29

Regional Analysis
Geographically, the market is sub segmented into six countries namely Thailand, Malaysia, Indonesia, Singapore, Philippines and Vietnam. Among all these countries Thailand and Indonesia, collectively accounted for 53.8% of the total organic cosmetics market in 2014.Thailand is expected to dominate the overall ASEAN Organic cosmetics market, accounting for 29.3% market share by 2020.However, Singapore is expected to register highest CAGR 9.8% followed by Malaysia. The growth in Singapore is supported by rise in disposable income and awareness among the consumers through various promotional techniques.

Key Trends
Changing consumer lifestyle and increasing disposable income in ASEAN countries is driving increasing acceptance for organic cosmetics products, not only among the high-income group, but also the middle - income group. Furthermore, rising consumer awareness for luxury products specifically for cosmetic products is contributing towards an increased demand for these products in ASEAN. Additionally, increasing consciousness among the male segment towards their outlook and appearance is expected to fuel the market growth in the near future.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ASEAN Organic Cosmetics Market Will Reflect Significant Growth Prospects of US $ 4,410.9 Mn by 2020 here

News-ID: 1452138 • Views: 194

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 61336 Releases


More Releases for ASEAN

The 5th ASEAN Energy Outlook: ASEAN is on Track to Reach Their Energy Intensity …
Manila, 28 September 2017 – During the press conference for the 35th ASEAN Ministers on Energy Meeting (AMEM) and Associated Meetings today, ASEAN Centre for Energy (ACE) announced the launch of the 5th ASEAN Energy Outlook (AEO5). The Philippine Secretary of Energy, Alfonso G. Cusi, stated, “The Outlook provides us with pathway to address our long-term goals of achieving energy security, accessibility and affordability within the framework of sustainable development,
ASEAN Hard Luxury Goods Market Intelligence with Competitive Landscape
Luxury goods comprises of products such as accessories, footwear, apparel, watches and others which are quite expensive and target those consumers who belongs to premium class. The market for luxury goods consist of three types of end consumers, which includes kids lying between the age of 0-12 years, teenagers belonging to the age group of 13 to 19 years and the rest lies in adult group. Luxury goods market can
ASEAN Automotive Aftermarket to Grow at 9.6% CAGR through 2026
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is predicted to surpass US$ 48 Bn in revenues by 2026 end, increasing at a healthy CAGR of
Research Offers 10-Year Forecast on ASEAN Cosmetic Chemicals Market
The growing beauty products market has been increasing the demand for value-enriched cosmetics. The market is flooded with various cosmetic chemicals. Cosmetic chemicals are the basic ingredients found in cosmetic products including soap, shampoo, lipstick, mascara, deodorants and other beauty products (excluding the products listed under therapeutic goods). At present, various cosmetic business enterprises use more than 5000 different chemical compositions to offer selected cosmetic products. Based on its end
ASEAN Automotive Aftermarket to Grow at 9.6% CAGR through 2026
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is predicted to surpass US$ 48 Bn in revenues by 2026 end, increasing at a healthy CAGR of
ASEAN Automotive Aftermarket In-depth market segmentation by 2025
Future Market Insights (FMI) announces release of its latest market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment 2015 - 2025”. According to this report, the ASEAN automotive aftermarket is anticipated to account for US$ 37.7 Bn by 2025, registering a compound annual growth rate (CAGR) of 7.8% throughout the forecast period. The report analyses and forecasts the ASEAN automotive aftermarket in terms of market value (US$ Bn)