The global organic
personal care market size is projected to reach USD 25.11
billion by 2025, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 9.5% during the forecast period. Rising R&D
expenditure to introduce improved plant and animal extracts into various products
is expected to promote the demand for organic personal care products over the
forecast period. Furthermore, regulations encouraging the use of organic
materials in the personal care industry are likely to propel market growth.
Growing
demand for organic products is leading to an increase in their availability in
supermarkets, malls, and drugstores. In addition, booming online marketplace,
where consumers can access a wide range of products from any part of the world,
has been a primary reason for increase in the level of accessibility and is
estimated to remain a key contributing factor over the forecast period. Online
stores also give consumers the opportunity to gain access to products that
would otherwise not be available in local stores and malls.
Burgeoning
popularity of naturally-derived products is the key factor fueling the demand
for organic personal care products. Expanding product distribution channels in
urban areas is augmenting the product accessibility to consumers. With the
introduction of products such as flosses and mouthwashes, the demand for
organic oral care products is anticipated to increase
Demand for
products that are free from synthetic fragrances, preservatives, parabens,
petrochemicals, and harsh cleaners such as sodium lauryl sulfate has registered
sharp rise over the past few years. There are numerous players in the market
that are involved in the manufacturing of a variety of personal care products,
such as sunscreens, body lotions, shampoos, scrubs, anti-aging creams, makeup removers,
masks & exfoliators, eye care products, lip care products, BB creams, face
oils, cleansers/toners, and masks/exfoliators.
North
America was the largest market for organic personal care in 2017. The trend is
poised to continue over the forecast period. The growth of the market can be
attributed to rising demand for safe and natural products. Over the past few
years, companies have been introducing new and innovative products that are
designed to cater to specific consumer needs. Major players in the industry
such as L’Oréal, The Body Shop, and Estée Lauder launched several organic
products that target the ageing population.
Access Research Report of Organic Personal Care
Market @:
Further key findings from the report suggest:
· In terms of value, the global revenue for
hair care is anticipated to reach USD 6.62 billion by 2025, rising at a CAGR of
9.8% from 2017 to 2025
· Skin care application dominated the market
in terms of revenue in 2017, commanding over one third of the market, owing to
ability of organic ingredients to impart antioxidation properties and improve
skin health
· The U.S. organic personal care market is
poised to exceed USD 7.7 billion by 2025 owing to presence of various
manufacturers of organic personal care products in the country
· The market is highly competitive with
presence of a number of multinational companies with wide product portfolios
· Major companies in the market lay high
emphasis on expanding their presence in the global market, in an attempt to
increase market shares and drive revenues. For instance, Estee Lauder acquired
various companies such as BECCA Cosmetics, Too Faced, and Editions de Parfums
Frédéric Malle, over the past few years in order to expand its product
portfolio.
Browse more reports of this category by
Grand View Research at: www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand View
Research has segmented the global organic personal care market on the basis of
application and region.
Organic
Personal Care Application Outlook (Revenue, USD Million, 2014 - 2025)
·
Skin care
·
Hair care
·
Oral care
·
Cosmetics
·
Others
Organic
Personal Care Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S
o
Canada
o
Mexico
·
Europe
o
Germany
o
France
o
U.K.
o
Russia
o
Italy
o
Spain
o
Netherlands
o
Poland
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
o
Thailand
o
Taiwan
o
Australia
o
Philippines
o
Singapore
·
Central & South America
o
Brazil
o
Argentina
o
Chile
·
Middle East & Africa
o
U.A.E.
o
Saudi Arabia
Access Press Release of
Organic Personal Care Market @: www.grandviewresearch.com/press-release/global-organic-personal-care-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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