Navigating the Natural Cosmetics Market: Insights from the Global Market Report 2024

The natural cosmetics market size has grown strongly in recent years. It will grow from $39.34 billion in 2023 to $41.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to shift in consumer preferences, rise of e-commerce, celebrity endorsements and influencer marketing, increased allergies and sensitivities, advancements in green chemistry..

The natural cosmetics market size is expected to see steady growth in the next few years. It will grow to $50.48 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to global expansion of natural cosmetics brands, growing middle-class population, increased emphasis on sustainable practices, influence of clean beauty movement, expansion of beauty and personal care retailers.. Major trends in the forecast period include blockchain for supply chain transparency, waterless beauty formulations, biodegradable and sustainable packaging, ai and technology integration, upcycling and circular beauty..

Market Overview -
Natural cosmetics refer to beauty products formulated with ingredients primarily derived from nature, such as plants, minerals, and other naturally occurring substances. The primary goal of natural cosmetics is to minimize synthetic chemicals, focusing on harnessing the benefits of nature to promote healthier skin and reduce environmental impact.

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Rising Health and Wellness Consciousness Fuels Surge in Natural Cosmetics Market: A Comprehensive Analysis
The increased focus on health and wellness is expected to propel the growth of the natural cosmetics market going forward. Health and wellness is a term that encompasses a holistic approach to maintaining and improving overall well-being, encompassing physical, mental, and social aspects of life. Health and wellness factors influence the usage and appeal of natural cosmetics for avoiding dangerous chemicals, improving skin health, and providing sustenance. For instance, in October 2022, according to reports published by the New York Post., a US-based news publisher, over 70% of Americans will be more health-conscious. and 59% of respondents are committed to resuming physical fitness and activities. Furthermore, in January 2022, according to reports published by Nasdaq Inc., a US-based stock exchange company, in 2021, the gym, health, and fitness club industry achieved a total revenue of $33.25 billion from $32 billion in 2020. Therefore, the increased focus on health and wellness is driving the growth of the low-density polyethylene market.

Competitive Landscape -
Major companies operating in the natural cosmetics market report are Tata Group, Johnson and Johnson, LVMH (Moët Hennessy -Louis Vuitton), Procter And Gamble Co., Unilever PLC, L'Oréal SA, Natura and Co Holding SA, Estee Lauder Co. Inc., Chanel S.A., Kao Corporation, Amway Corporation, Shiseido Co. Ltd., The Clorox Co., Coty Inc., Mary Kay Cosmetics, Revlon Inc., Loccitane International SA, Pola Orbis Holdings Inc., Weleda Group, Arbonne International LLC, The Honest Co. Inc., Clarins Group, Korres S.A., Honasa Consumer Pvt. Ltd., Kjaer Weis LLC

OrgaGlo Naturals Leads The Charge In India's Natural Cosmetics Market With Launch Of Vegan Skin And Hair Care Products
Major companies operating in the natural cosmetics market are focusing on innovative products, such as vegan skin and hair care products, to meet the growing demand for natural cosmetics in India. Vegan skin and hair care products are products that are made without any animal-derived ingredients and are not tested on animals. These products are made with natural and organic ingredients and are free from toxins and artificial components. For instance, in August 2022, OrgaGlo Naturals, an India-based organic and natural cosmetics manufacturer, launched vegan skin and hair care products using the finest quality natural ingredients. The products are free from harmful chemicals, with ranges including onion and rice water for hair care, ubtan, tea tree, and Vitamin C for skin and body care. Additionally, they are safe, natural, and free of toxins.

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Key Segments -
The natural cosmetics market covered in this report is segmented -

1) By Product Type: Skin And Sun Care, Hair Care, Bath And Shower, Mens Grooming, Colour Cosmetic, Fragrances And Deodorants, Oral Care
2) By Consumer Orientation: Male, Female, Unisex, Baby And Kids
3) By Sales Channel: Supermarkets/Hypermarkets, Department Stores, Specialty Stores, Online Sales Channel, Mono Brand Store, Other Sales Channel

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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