Goat Milk Skin Care is Expected to Generate Absolute Growth of $519 Million by 2025 - Arizton

The goat milk cosmetics market is expected to grow at a CAGR of over 7% during the period 2019-2025.

Goat milk skincare products accounted for 28% of the market revenue of goat milk cosmetics industry in 2019. Bathing accessories however forms the largest segment. Goat milk soap is one of the most popular goat milk cosmetic products available in globally. The brands are increasingly diversifying their product portfolios to includes other products such as, hair care ranges, hand cream, foot and nail care products, and various others such as, goat milk lip balm, sheet mask and various others. Hand cream, foot cream, and nail care products are expected to be the fastest growing segment during the forecast period with a CAGR of around 8% during the forecast period.

Arizton's latest market research report considers considers the present scenario of the goat milk cosmetics market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

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Goat Milk Cosmetics Market - Dynamics

Here are the list of trends and drivers that are impacting the revenues and profitability in the goat milk cosmetics market:

o Rising Demand for Ethical Products
o Growing Demand for Skin Care Products
o Shifting Demand for Luxury Brands to Artisanal Products
o Premiumization of Beauty Products
o Diversifying Product Portfolios
o Diversifying Product Portfolios

Goat Milk Cosmetics Market - Segmentation

This research report includes a detailed segmentation by product type, distribution, and geography.

o The goat milk skin care product manufacturers are focusing on ethical and responsible sourcing of goat milk in order to ensure its purity. Majority of the brands are exclusively maintaining transparency in terms of ingredient sourcing. The brands containing natural ingredients are also becoming more popular among consumers.
o Owing to its hydrating and moisturizing properties goat milk is also used as a valuable ingredient in bathing soap, body wash, and other toiletries. Goat milk soap is the most popular goat milk cosmetic product. The market is flocked with numerous big and small brands offering goat milk soaps.
o Online channels are the fastest growing distribution channel for cosmetics globally. It accounted for 12% of the global goat milk cosmetics revenue in 2019. The growing in online channels is facilitating the growth of cross border sales, and increase growth opportunities for smaller brands, offering high quality products.

Market Segmentation by Product Type
o Bathing Accessories
o Skin Care
o Hair Care
o Hand, Foot, and Nail Care
o Others
Market Segmentation by Distribution
o Supermarkets & Hypermarkets
o Drug Stores
o Specialty Stores
o Online Stores
o Others

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Goat Milk Cosmetics Market - Geography

The global goat milk cosmetics industry is more penetrated in the western countries of Europe, and North America and the market is in its rapid growth phase in APAC, Latin America and Middle East & Africa regions. The growth in the regions is also propelled by the rising awareness and the rising skin care trend in the industry. Further, the high adoption rate in the developed economies can be significant among and the millennials continuing to drive the market growth. Further, the growing internet penetration has generated wider adoption for cosmetics across a large consumer group.

Market Segmentation by Geography

o North America
o US
o Canada
o APAC
o China
o Japan
o South Korea
o India
o Europe
o Germany
o UK
o France
o Italy
o Latin America
o Brazil
o Mexico
o Middle East & Africa
o UAE
o Saudi Arabia

Goat Milk Cosmetics Market - Vendor Landscape

The goat milk cosmetics product market is highly fragmented with the presence of numerous local, regional and international vendors across the globe. The number of global players is however limited, and the growing trend of natural cosmetics has given rise to numerous domestic and local vendors in the market that are posing a tough challenge to the renown vendors across all the geographies. The number of players in the market is expected to increase that will rise the intensity of competition in the market further. The market will also undergo a fierce and competitive landscape in the coming years where the vendors will try to establish their market share with maximum penetration among the target consumer groups.

Prominent Vendors
o Dionis
o Bend Soap Company
o Ziaja
o Gorgeous Soaps
o Sunaroma
o Crabtree and Evelyn
o Legend's Creek
o Horse o Peace
o Dr. Squatch
o Zum Bars
o Beekman
o Nubian Heritage
o Windrift Hills
o Bates Family Farm
o Lover's Care
o Goat Milk Stuff
o HARVEST Hill Skincare
o Sunhill Skin Care
o Little Seed Farm
o Kate Somerville
o Haute Goats
o Chivas Skincare
o Whey Organic Cosmetics
o Mt Capra
o Billie Goat Soaps

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
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