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Natural Skin Care Products Market Report 2023-2032 Future Growth, Industry Insights, Competitive Landscape And Major Players | Procter & Gamble, The Estée Lauder Companies Inc., Mama Earth, Unilever, The Clorox Company
Natural Skin Care Products Market
The Business Research Company's Natural Skin Care Products Global Market Report 2023 identifies increasing awareness about the benefits of natural products as the major driver for the Natural Skin Care Products Market's growth in the forecast period. Natural skin care products are gaining popularity due to their several health and therapeutic benefits on the human skin. These natural skincare products contain Vitamin C, Vitamin D, Vitamin E, Resveratrol, alpha-hydroxyl acid, and other natural compounds derived from plant sources, which help the body to function at optimal levels and make them easy to use. Moreover, these products are easier on the skin as they do not contain chemical compounds and synthetic ingredients such as artificial fragrance, dyes, parabens, sulfates, phthalates, and other petrochemical substances present in, unlike regular skincare products which are harsh on the skin. Additionally, the shifting in choice of preference of the public from regular skin care products to natural skin care products due to the rise in concern for animals harmed during the manufacturing process of regular skin products has led to increased utilization of natural skin care products.
The global natural skin care products market size grew from $17.78 billion in 2022 to $19.37 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The natural skin care products market size is expected to grow to $27.71 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Natural Skin Care Products Market are Procter & Gamble, The Estée Lauder Companies Inc., Mama Earth, Unilever, The Clorox Company, Honest Co., The Body Shop, L'Oréal, Bloomtown, FOM London Skincare, Natura & Co., Bare Essentials, Burt's Bees, Aveda Corporation, The Hain Celestial Group, Oriflame Cosmetics S.A., Yves Rocher, Weleda, and Aubrey Organics.
A key trend in the Natural Skin Care Products Market includes growing use of e-commerce. Major cosmetic brands are making the switch from chemical and synthetic skincare products to naturally sourced products. These major brands generally sell their products in offline and retail stores but are increasingly looking to expand online. In the wake of the pandemic, the social distancing norms that arose with it, forced offline stores to be shut down. Organizations had to shift towards e-commerce to sell their products and saw great success in it with certain brands selling their products online, exclusively, and more major companies beginning to adopt e-commerce as a distribution channel due to their easy accessibility, wider reach, and personalized options.
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The Natural Skin Care Products Market is segmented -
By Product: Facial Care, Body Care
By Type: Mass, Premium
By Distribution Channel: Direct Selling, Other Distribution Channels
By End Use: Men, Women, Children
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Natural Skin Care Products Market.
The Business Research Company's "Global Natural Skin Care Products Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Natural Skin Care Products Market Include:
1. Executive Summary
2. Natural Skin Care Products market Characteristics
3. Natural Skin Care Products market Trends And Strategies
4. Natural Skin Care Products Market - Macro Economic Scenario
5. Natural Skin Care Products market Size And Growth
……
26. Africa Natural Skin Care Products market
27. Natural Skin Care Products market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Skin Care Products market
29. Natural Skin Care Products market Future Outlook and Potential Analysis
30. Appendix
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