The rising inclination toward environment-friendly products along with rising disposable income is expected to spur the organic personal care market upsurge
The global Organic Personal Care market size is projected to reach nearly USD 33 billion by 2028. In addition, it is projected to gather a CAGR of above 9% over the forecast years 2018-2028. Organic personal care products comprise organic ingredients primarily plant extracts, which is used to improve the overall appearance and personal hygiene. Growing living standards and increasing disposable income leading to increased adoption of the beauty products is further expected to provide impetus industry size.
Moreover, the announcement of government directives and regulations to restrict the utilization of environmentally hazardous chemical products is stimulating growth. As a result, the industry players are modifying their beauty care product formulae to comprise natural ingredients and limit the utilization of chemicals. Increasing awareness about the benefits of natural products among consumers along with a shift in consumption patterns personal appearance is further contributing to the growth.
The report also outlines the various characteristics of the global Organic Personal Care industry by assessing the market from value chain analysis. Moreover, the Organic Personal Care market report comprises various qualitative parts of the Organic Personal Care industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.
The Organic Personal Care market has solid competition amongst the already well-known and new market players. Also, the Organic Personal Care industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.
Based on the type segment, the market is bifurcated into cosmetics, skin care, oral care, hair care, and others. The skin care segment is anticipated to witness a significant growth rate during the forecast years. The market growth of this segment is primarily ascribed to the increasing demand for different types of skin care product, which suits the skin type.
The North America region is projected to accumulate a substantial share during the forecast years. In North America, the high spending capabilities of the working professionals across the region are boosting product demand. The rise in consumer awareness and introduction of regulatory amendments for labeling formulation transparency and ingredients information over skincare products has compelled manufacturers to label the product information. Furthermore, the positive outlook toward the product comprising natural ingredients is further complementing the business outlook.
The major players of the global Organic Personal Care market are Aveda Corporation, The Body Shop International PLC, Amway Corporation, The Estée Lauder Companies Inc., Burt’s Bees, Yves Rocher, The Hain Celestial Group, and Bare Escentuals Beauty, Inc. The Organic Personal Care market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic solutions and services to stay competitive in the global market.
Segment Overview of Global Organic Personal Care Market
- Type Overview, 2018 – 2028 (USD Million and kilotons)
- Skin Care
- Oral Care
- Hair Care
- Distribution Channel Overview, 2018 – 2028 (USD Million and kilotons)
- Regional Overview, 2018 – 2028 (USD Million and kilotons)
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia-Pacific
• Middle East & Africa
o Saudi Arabia
o Rest of Middle East & Africa
• South America
o Rest of South America