Organic Personal Care and Cosmetic Products Market Business Opportunities, Growth Rate, Current Trends, Market Challenges & Industry Analysis by 2022
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Organic personal care and cosmetics products made from plant extracts and natural ingredients, contain minimal/low amount of synthetic ingredients. Therefore, these products are perceived as being safer and more beneficial than regular personal care and cosmetic products. Government organizations in various countries are encouraging the use of organic ingredients over synthetic in cosmetic products, thereby supplementing the market growth. Skin care, hair care and makeup cosmetics are widely used organic care products, collectively accounting for nearly four-fifths of the global organic personal care and cosmetic products market in 2015.
Organic personal care and cosmetics products market is segmented on the basis of product type, distribution channel and geography. The product type segment is further classified as skin care, hair care, oral care, makeup cosmetics and others (deodorants, feminine hygiene products and hand hygiene). Among all types, the skin care segment dominated the market in past few years and is expected to remain the same during the forecast period due to rising standard of living in emerging markets and inclined preferences towards beauty, increasing consumer concerns regarding the harmful effects of pollution and global warming. Retail sales and online sales are two broad classifications based on distribution channel. Retail channel was the highest revenue-generating segment in 2015 and is expected to maintain its position during the forecast period. However, online channel would grow rapidly during the forecast period. Based on geography, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America is the major market across the world for organic personal care and cosmetics today. In the United States, organic personal care and cosmetics products have long been popular due to high health consciousness among customers. Asia-Pacific is expected to grow at highest CAGR owing to improving GDP, lifestyle pattern, and purchasing power of customers in the region.
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Key players in the market include L'Occitane en Provence, LOreal International, Arbonne International, LLC, Burt's Bees, Estee Lauder Companies Inc., Amway Corporation, Oriflame Cosmetics S.A., Yves Rocher, Weleda and Aubrey Organics. The operating players in the market have adopted expansion and acquisition strategies to remain competitive in the global the market.
Full Report Summary: https://www.alliedmarketresearch.com/organic-personal-care-and-cosmetic-products-market
Cosmetics Market: https://www.alliedmarketresearch.com/cosmetics-market
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