The high demand for natural and organic ingredients in personal care products will drive the global organic personal care Industry size: Global Market Insights, Inc.

Global organic personal care market size was estimated at over USD 8.4 billion in 2014 and is likely to be worth more than 16 billion by 2023.

Organic skin care market dominated the industry and accounted for more than 28% of total revenue share in 2013. This segment is likely witness significant gains over the forecast period with an estimated CAGR of above 9.5% from 2016 to 2023.

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Consumers prefer organic skin care products owing to presence of natural ingredients such as fruits, vegetable and herbs. Organic oral care accounted for more than 12.5% of the revenue share in 2014 and is likely to witness steady growth rates up to 2023.

North America was the dominant regional market and accounted for more than 35% of the revenue share in 2014. North America organic personal care market size was estimated at over USD 2.9 billion in 2014. Europe is likely to gain favorable growth over the forecast period owing to supportive regulatory framework. Asia Pacific is likely to witness highest gains over the forecast period.

Growing consumer concern towards petrochemical derived ingredients in cosmetics & toiletries coupled with increasing individual health consciousness is likely to drive organic personal care demand. MNCs are displaying continuous efforts towards manufacturing products derived from renewable raw materials and decreasing use of potential harmful chemicals such as aluminum salts, parabens and phthalates as ingredients.

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Approval from regulatory bodies such as FDA and USDA (U.S. Department of Agriculture) is likely to have a positive influence on demand. From lotions to shampoos, personal care products are found widespread. USDA states few guidelines under which the products claiming to be organic (e.g.: organic shampoos) must be certified according to USDA National Organic Program (NOP) which requires 95% organic ingredients. USDA places stringent restrictions on the substances used in the rest 5%.

Organic hair care market is likely to witness steady gains at an estimated CAGR of over 9.5% up to 2023. Consumers widely prefer this product type owing to growing importance of role played by natural ingredients in providing hair fall control, shining effect and dandruff protection. These products ammonia & sulfur free which helps in promoting its importance over its synthetic counterparts.

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The global organic personal care market share is fragmented with companies involved in continuous product innovations and marketing activities. Key companies operating in this market include Bare Escentuals, Burt’s Bee, The Hain Celestial Group and Estee Lauder. Other prominent companies include Arbonne International, The Body Shop, L’Oreal, Aveda Corp, Amway, L'Occitane en Provence and Natura Cosméticos S.A.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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