Global Organic Cosmetics Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global organic cosmetics market is anticipated to grow at a CAGR of 8.5% during the forecast period (2022-2028). Organic cosmetics are defined as the line of cosmetic products that are produced or involve a production process of the same without the use of any sort of chemicals or other artificial agents. The market growth is majorly attributed to the growing demand for organic skin care products with natural ingredients in them. Adding to this, the growing consumer awareness regarding the ill effects of chemically treated cosmetics coupled with the growing awareness about the benefits of organic cosmetics is expected to accelerate the global organic cosmetics market growth during the forecast period.

Owing to the presence of natural ingredients, these cosmetics are highly in demand. Thus, the growing trend of the adoption of organic compounds into people's lifestyle coupled with the broad adoption of these cosmetics is anticipated to spur the market growth. The market growth is majorly attributable to the growing launch of organic cosmetic ranges. For instance, in December 2020, Forrest Essential launched its natural make up product line, which is enriched with potent natural ingredients and special serum formula enhancing both lips & eyes.

Some key players operating in the market include The Estee Lauder Companies Inc., L'Oréal S.A., and The Himalaya Drug Co., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in January 2022, L'Oreal and Verily announced a strategic partnership to advance precision skin health. It is expected to entail two programs aimed to better understand and characterize skin and hair aging mechanisms and to inform L'Oreal's precision beauty tech strategy and product development. Further, in December 2020, L'Oreal announced the signing of an agreement with Takami Co, a Japanese company that markets the Takami skincare brand.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Product Type
o By End-User
o By Distribution Channel

• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: The Estee Lauder Companies Inc., L'Oréal S.A., and The Himalaya Drug Co., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Organic Cosmetics Market is available at:
https://orionmarketreports.com/global-organic-cosmetics-market/107406/

Global Organic Cosmetics Market Report by Segment

By Product Type
• Skin Care
• Hair Care
• Makeup
• Body Care
• Fragrance

By End-User
• Men
• Women

By Distribution Channel
• Online
• Offline

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This release was published on openPR.