Natural and Organic Cosmetics Market Size, Share, Segmentation By Consumer Group (Male and Female), By Type (Skin Care, Hair Care, Oral Care, Makeup Cosmetics and Others), By Distribution Channel (Store-Based and Non-Store Based) - Forecast 2027
|ID: VPR/CO/1130||Publishing Year: January 2022||Pages: 102||Format:|
Natural and Organic Cosmetics Market Overview:
The cosmetics industry's transition to "natural" and "organic" ingredients has accelerated. The Organic Cosmetics Market has been able to expand as a result of this. While younger generations are more interested in "green" items, believes the megatrend is just getting started. In the coming years, the beauty sector will see an increase in the number of firms vying for organic certifications, both established and newcomers alike. Environmental concerns are on the rise, and a greater focus on sustainability will continue to aid the market's growth.
- The Estee Lauder Companies, Inc.
- L'Occitance International SA
- FANCL Corp.
- The Clorox Co
- LOreal SA
- Jurlique International Pty. Limited
- Bare, Escentuals, Inc
- Aubrey Organics, Inc.
- Nature's Gate
The demand for Natural and Organic Cosmetics is growing rapidly. Multiple causes could be associated to this event. Consumer preference for Natural and Organic Components is a major factor in the growing popularity of such products. Organic items are grown without the usage of synthetic chemical ingredients. Henna, dried fruits, vegetables, flower extracts, and other plant-based products are common. Many of these items are entirely natural and do not contain any potentially harmful chemicals. Furthermore, synthetic cosmetics' market appeal has dwindled as a result of their negative health impacts.
There is a significant increase in the number of customers in places experiencing rapid economic expansion. The global Market for Natural and Organic Cosmetics Marketis being boosted by factors such as rising disposable income, an increase in the number of working women, and faster urbanisation. Furthermore, a faster rate of product clearance and government funding creates a favourable competitive environment for industry players.
The market for Organic Personal Care and Cosmetics is divided into three categories: product type, distribution channel, and geography. Skin care, hair care, mouth care, makeup cosmetics, and others make up the product type category (deodorants, feminine hygiene products and hand hygiene). The skin care category has dominated the market in recent years and is likely to continue to do so over the projection period, owing to improving standards of living in emerging markets and inclinations toward beauty, as well as rising consumer worries about pollution and global warming. Retail sales and online sales are two main distribution channel groupings. In 2015, the retail channel generated the most revenue, and this trend is likely to continue during the forecast year. During the projection period, however, the online channel is expected to increase substantially. The market is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean. Today, North America is the world's largest market for organic personal care and cosmetics. Organic personal care and cosmetics products have long been popular in the United States, owing to a high level of health consciousness among consumers. Due to rising GDP, lifestyle patterns, and purchasing power of clients in the region, Asia-Pacific is predicted to develop at the fastest rate.
North America is one of the most important regions in the worldwide market, and this trend is expected to continue during the projected period. Organic cosmetics are in high demand in North America, particularly in the United States. The growing focus on sustainability, as well as the growing demand for organic colour cosmetics, have both aided the country's development. Consumers in the United States are prepared to spend more for high-quality items, which opens up prospects for organic cosmetics sales.
The sheer quantity of customers in this age range, as well as their purchasing habits, are driving this trend toward healthy and clean products. Discovering new products and developing genuine relationships with businesses is important to millennials, who seek products that represent their desire for a healthy lifestyle as well as their ethical and environmental standards.
The epidemic of covid-19 has caused supply chain delays as a result of the forced closure of brick and mortar stores, putting a damper on cosmetics and personal care products, particularly organic skincare products.
The outbreak of covid-19, on the other hand, has contributed to changing market tastes and a proactive search for clean branded and working skin development items, which is expected to fuel their rise at a faster rate during the projection period.
Pre-COVID-19 developments are likely to accelerate, with direct-to-consumer e-commerce, such as merchant websites, buyable social media channels, and markets, becoming increasingly important. Consumers all throughout the world expect their online engagement and spending to increase. Beauty sector operators will need to prioritise digital platforms in order to attract and convert the interest of current and new clientele.
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