Press release
Organic Skincare Global Market Exhibit a Remarkable CAGR of 11.1% and is expected to reach $18.58 Billion By 2028 | Groupe Rocher, Beautycounter LLC, Aesop Group, Weleda AG, Caudalie
Organic Skincare Market Share
Organic Skincare Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $18.58 billion In 2028 At A CAGR Of 11.1% :
The organic skincare market size has grown rapidly in recent years. It will grow from $10.96 billion in 2023 to $12.2 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to growing health and wellness consciousness, rise of sustainable and eco-friendly lifestyles, preference for natural ingredients, influence of social media and influencers, changing beauty standards.
The organic skincare market size is expected to see rapid growth in the next few years. It will grow to $18.58 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to continued emphasis on health and wellness, increasing adoption of clean beauty, expansion of sustainable packaging, rise of personalized skincare, global beauty and cosmetics market growth. Major trends in the forecast period include wellness and self-care integration, emergence of indie and niche brands, clean beauty certification standards, emphasis on anti-pollution skincare, well-being rituals and mindful beauty.
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Organic Skincare Market Major Segments
The organic skincare market covered in this report is segmented -
1) By Type: Facial Care, Body Care, Other Types
2) By Gender: Male, Female
3) By Distribution Channel: Supermarkets or Hypermarket, Convenience Stores, Specialist Stores, Online Retail Stores, Other Distribution Channels
Key Driver - Rising Incidence Of Skin Issues Propels Surge In The Organic Skincare Market
The increasing prevalence of skin issues is expected to propel the growth of the organic skincare market going forward. Skin issues or diseases are conditions that affect the skin and may cause rashes, inflammation, itchiness, or other skin changes. Organic skin care products are helpful to minimize skin issues as they are natural products and are suitable for all types of skin. For instance, in March 2022, according to one of the population-based survey of the general population aged 18 years or more in each of the 27 countries in UK, estimated that over 94 million Europeans suffer from uncomfortable skin sensations such as itchiness, burning, or dryness. Fungal skin infections (8.9%), acne (5.4%), and atopic dermatitis or eczema (5.5%) were the most common conditions. Further, in April 2022, the American Journal of Managed Care, a US-based peer-reviewed journal, found that 43% of 40,000 patients had at least one skin condition or issue within the last 12 months. Therefore, the increasing prevalence of skin issues is driving the organic skincare market.
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Prominent Trend - Organic Skincare With Defense Anti-Pollution Serum
Product innovations are a key trend gaining popularity in the organic skincare market. Major companies operating in the organic skin care products market are focused on developing new products to strengthen their position. For instance, in June 2022, Biologi, an Australia-based natural skincare and organic skincare brand, launched the first-ever anti-pollution serum that contains a wild-harvested extract called the BG Defense anti-pollution serum. Biology said that this new serum contains strawberry gum leaf as the main ingredient, which is a perfect protector against environmental triggers and aggressors.
Organic Skincare Market Players
Major companies operating in the organic skincare market report are Johnson & Johnson, Procter & Gamble Company, L'Oréal S.A., The Estée Lauder Companies Inc., Groupe Rocher, Shiseido Company Limited, Natura & Co, Avon Products Inc., The Hain Celestial Group Inc., Beautycounter LLC, Arbonne International LLC, Aesop Group, Weleda AG, Caudalie, Burt's Bees Inc., Dr. Bronner's Bros., Benevolent Beauty, Alaffia Brands LLC, Eminence Organic Skincare Inc., Cattier Paris, Andalou Naturals Inc., Badger Balm Company, Biossance, True Botanicals Inc., Desert Harvest, Annmarie Gianni Skin Care, H.H. Products LLC, Purity Cosmetics Inc. (100% Pure), Earth's Best Inc., Idam House of Brands
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Largest And Fastest Growing Region In The Market
North America will be the largest region in the organic skincare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organic skincare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Organic Skincare Market Report Structure
3. Organic Skincare Market Trends And Strategies
4. Organic Skincare Market - Macro Economic Scenario
5. Organic Skincare Market Size And Growth
…..
27. Organic Skincare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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