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Natural Skin Care Products Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Natural Skin Care Products Market
According to The Business Research Company's, The natural skin care products market size has grown strongly in recent years. It will grow from $19.36 billion in 2023 to $21.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to consumer health awareness, natural ingredient efficacy, ingredient transparency, rising skin health concerns, social media influence.
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Market Drivers and Trends:
The increasing awareness of personal grooming is expected to propel the growth of the natural skincare products market going forward. Personal grooming is keeping one's body clean, maintaining hygiene, well-groomed nails and hair, avoiding body odour, and dressing appropriately. Natural skincare products are used in personal grooming because they offer a holistic approach to skincare, emphasizing health, ethics, and the overall well-being of the consumer. For instance, in October 2022, a survey of 1000 men and women in the US conducted by the New York Post, a US-based newspaper, about the differences in how both genders take care of their hygiene discovered that while 73% of men and women stated taking care of their hygiene is simple, only one in ten women agreed. The majority of people (90%) favor washing their hands and bodies over brushing their teeth (87%) or using deodorant (84%). Men are more likely to maintain a schedule for trimming their nails (69%) and shaving their faces (74%). In contrast, women are more likely to prioritize bathing their 'intimate areas' (85%) and their skincare regimen (84%). Thus, the increasing awareness of personal grooming is driving the natural skincare products market.
Major companies operating in the natural skincare products market are developing innovative products with chemical-free organic formulations meet the growing demand for natural skincare products. Skin-care products with chemical-free organic formulations are beauty products made from natural, plant-based ingredients without synthetic chemicals. For instance, in September 2022 Naturals Skincare, a UK-based cosmetics company announced the launch of new beauty care products brand 'Pearl'. It has a range of fresh skincare offerings, which encompassed a novel acne serum, a facial scrub designed for microdermabrasion, and a professional-grade tool designed for at-home facials. These latest beauty products from Pearl were notable for their chemical-free and organic composition, rendering them an ideal selection for individuals seeking natural skincare alternatives.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
The Procter & Gamble Company; The Estée Lauder Companies Inc.; Mamaearth International Pvt. Ltd.; Unilever PLC; The Clorox Company; Cosmetic Solutions Innovation Labs LLC; TY Cosmetic Co. Ltd.; Vitelle Labs LP; InSpec Solutions LLC; BeBeauty Products & Private Label; AMR Labs; Health and Natural Beauty USA Corp; Nutrix International LLC; Skinlys; Bionat; Biddiscombe International; KBL Cosmetics; Botanic Beauty Labs; Dreamline Brands Inc.; NutraSkin USA; Radical Cosmetics; SLC Custom Packaging; Spa De Soleil Inc.; Sunfood Nutraceuticals; Tropical Products Inc.
Natural Skin Care Products Market 2024 Key Insights:
• The natural skin care products market size is expected to grow to $31.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.
• Increasing Awareness Of Personal Grooming Drives The Natural Skincare Products Market
• Revolutionizing Natural Skincare Products With Chemical-Free Organic Formulations
• Western Europe was the largest region in the natural skin care products market in 2023.
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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