Herbal Skincare Products Market to 2023 | Weleda AG, The Himalaya Drug Company, Renpure Organics, Tata's Natural Alchemy, LLC, VLCC Health Care Limited

Herbal Skincare Products Market has gained a huge traction around the globe primarily owing to the increasing pharmaceutical industry. Herbal Skincare Products are treated as safe and effective, and it is the key reason behind the growth of this segment. Demand for these products is increasing globally owing to their efficiency and low side effects which are expected to result in high demand. According to a recent study report published by the Market Research Future, The global market of Herbal Skincare Products is projected to grow at a rapid pace during the forecast period (2017 – 2023). The Market is forecasted to demonstrate an aggrandized growth by 2023, surpassing its previous growth records; with a striking CAGR during forecast period 2017-2023.

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Top Manufacturers:

Weleda AG
The Himalaya Drug Company
Renpure Organics
Tata's Natural Alchemy, LLC
Arbonne International LLC
VLCC Health Care Limited
S.W. Basics

Market Scenario:

Herbal beauty products are derived from plant based sources and have minimal side effect to the skin. Herbal skincare products are used majorly to achieve skin healing and smoothness. Herbal products are also used to enhance the skin texture owing to the herbal ingredients found in the product. Herbal skin care product are free of chemicals and contain Skincare Products s made out of plant roots and leaves. Mass consumers adopting the usage of natural and organic cosmetics worldwide prefer herbal beauty products such as skin care, hair care, make-up and other products. The market share of the herbal products is evaluated to be rising as compared to other synthetic products. In addition, since the herbal beauty products contain no harmful chemicals, they are less likely to cause any skin damage which has resulted in its higher consumer preference.

Adoption of chemical-free products by the consumers is considered to be one of the major drivers for this market. Increased awareness about the harmful effects of synthetic cosmetics on the skin has raised the bar for quality in the skincare domain and in turn, the market share for herbal skincare products on a global level. Mass market penetration is leading to introduction of new products and their retail across various regions. High focus on Research and Development has led to innovations and in the product line which has fuelled up the market share of herbal skincare products in global market. High benefits obtained from herbal products is also supporting the sale of herbal skincare products globally.

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Segmentation:

By Types : Comprises Face Care, Body Care and Other.
By Form : Comprises Cream, Gel, Liquid, Powder, and other.
By Distribution Channel : Comprises Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce, and other.
By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Geographical Analysis:

Asia-Pacific has the major market share followed by North-America. Increased production of herbal skincare products in India, China is projected to generate a high revenue from Asia-Pacific region during the given forecast period. Changing consumer preferences for natural and authentic products will support the sale of herbal skincare products in various region during the forecast period. The major importers of herbal skincare products include U.S., China, U.K., Germany, and Singapore. Based on the higher demand for personal care products especially in female population, the import and export of herbal skincare products for manufacturing such products in the developed countries is found to rise at a steady rate.

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This release was published on openPR.