Press release
Natural and Organic Personal Care Products Market to Value 8.8% CAGR by 2024
Global natural and organic personal care industry are primarily trend-driven and hence new and emerging trends with regard to natural and organic products is encouraging a new player to enter the market through acquisition by existing players. However, the global natural and organic personal care market are characterized by a moderate level of acquisitions. Persistence Market Research (PMR) estimates the global natural and organic personal care products market to reach the value of US$ 11,057.1 Mn in 2016 and register Y-o-Y growth of 9.7%.
The global market is expected to be valued at US$ 21,776.9 Mn by the end of 2024, registering a CAGR of 8.8% over forecast period 2016–2024. The growth of the global natural and organic personal care product market is driven by factors such as the expansion of distribution channels, increasing online customer reach, and modern retailers’ shift towards offering premium personal care products on shelves. Also, new product development, advertisements, and increasing spending capacity of consumers on premium products are primary factors driving overall growth of the global natural and organic personal care products market.
On the basis of product type, the market is segmented into skin care, hair care, oral care, cosmetics, and others. In terms of value share, skin care segment is expected to emerge the most attractive segment with 30.9% share by 2024, followed by the hair care segment. The growth of the skin care products segment in the global natural and organic skin care products market is driven primarily by increasing demand for clean label products, coupled with increasing number of health conscious consumers globally. Owing to increasing popularity and consumer preference towards online retail channel for purchasing cosmetics and hair care products, the global market is expected to witness significant growth over the forecast period.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/natural-organic-personal-care-product-market/toc
The global natural and organic personal care products market is further segmented on the basis of distribution channel as hypermarkets/supermarkets, specialty retailers, drug stores, online retail and direct sales. Hypermarkets/supermarkets segment is a major channel for sales of natural and organic personal care products and is expected to account for 28.4% share of the global market in 2016. This segment is projected to register a CAGR of 9.6% between 2016 and 2024, followed closely by the specialty retailers segment. Online retailers is another popular sales channel, with this segment estimated to be valued at US$ 1,979.3 Mn by 2016 end. Online retail is one of the most significant distribution channels used by various companies. Online retailers such as Walgreens, Amazon.com, Drugstore.com, Sephora.com, and Vitacost enable companies to enhance product penetration, improve consumer reach, and expand consumer base.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/2793
As per regional segmentation analysis, North America is the major market and is expected to account for 33.5% share in the global market by 2016 end, registering a CAGR of 9.7% over the forecast period. Europe and Asia Pacific (APAC) are another major markets for natural and organic personal care products, with Japan, China, and India being the major markets in APAC.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/2793
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Natural and Organic Personal Care Products Market to Value 8.8% CAGR by 2024 here
News-ID: 483934 • Views: …
More Releases from Persistence Market Research
Garbage Collection Trucks Market Expected to Surpass US$ 20,049.9 Million by 203 …
The garbage collection trucks market is witnessing a significant uptrend as urbanization, population growth, and the increasing need for effective waste management solutions drive demand worldwide. According to Persistence Market Research, the global market size is anticipated to grow from US$ 15,032.7 million in 2025 to US$ 20,049.9 million by 2032, reflecting a CAGR of 4.2% during the forecast period. Garbage collection trucks, also referred to as waste collection vehicles,…
Investments in Port and Logistics Infrastructure Propel Shipping Containers Mark …
The shipping containers market is a critical component of global trade and logistics, facilitating the seamless movement of goods across countries. According to Persistence Market Research, the market is projected to reach US$10.2 billion in 2032, up from US$7.8 billion in 2025, expanding at a CAGR of 3.8% during the forecast period. The growth is closely tied to investments in port and logistics infrastructure, which enhance container handling efficiency and…
Rising Recreational Boating and Technological Advancements Accelerate Outboard E …
The outboard engines market is poised for remarkable growth in the coming years, driven by technological advancements, electrification, and an increasing global appetite for marine recreational activities. According to Persistence Market Research, the global outboard engines market is projected to grow from US$ 5,469.1 million in 2025 to US$ 8,279.6 million by 2032, reflecting a CAGR of 6.1%. This robust growth trajectory highlights the rising demand for efficient, environmentally friendly,…
Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, M …
The Automotive Parts Aftermarket has become a critical component of the global automotive ecosystem. According to Persistence Market Research, the market size reached US$ 548.5 billion in 2022 and is projected to expand to US$ 576.5 billion in 2023. With the replacement parts segment expected to achieve a total value of US$ 984.7 billion by 2033, the market is set to grow at a CAGR of 5.5% from 2023 to…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
