San Francisco, 30 October
2018: According to a report by Grand View Research, Inc., global organicpersonal care market is anticipated to value USD 25.11 billion
by 2025. Growing requirement for naturally-derived hair and skin care products
among consumers is anticipated to propel demand for organic personal care
products. These products are likely to offer ingredients extracted from plants
and animals and are free from preservatives, petrochemicals, and synthetic
fragrances that can harm consumer’s skin.
Growing awareness regarding
benefits of organic personal care products over synthetic products can spur
growth of market. Organic products are likely to be derived from natural
resources and are free from harmful chemicals. High demand for such products in
recent times can prompt manufacturing companies to introduce new products and
focus on R&D activities. Increasing R&D expenditure to introduce plant
and animal extracts in personal care products can fuel growth of market.
Increasing number of distribution channels promoting organic personal care
products and their benefits among consumers can drive market growth. Booming
e-commerce and online marketplace providing consumers access to wide range of
organic personal care products can stimulate growth of market. Stringent
regulations promoting use of organic ingredients in skin care sector can
augment market growth during the forecast period (2014 to 2025).
Access Research Report of Organic Personal Care Market @:
The organic personal care
market can be segregated on the basis of application and region. Based on
application, the market can be categorized into hair care, oral care,
cosmetics, skin care, and others. In 2017, skin segment dominated the market
and accounted for largest market share. Anti-ageing pursuit coupled with rising
skin concerns can fuel growth. In addition, growing awareness regarding
benefits of natural ingredients providing protection from ultra violet (UV)
rays can surge demand for organic personal care products. Both women and men are
likely to use skin care products such as fairness creams, moisturizing lotions,
anti-ageing creams, and sun screen & lotions on regular basis. These
products are expected to display highest penetration across all regions.
Similarly, increasing use of
organic ingredients in cosmetic products such as fragrances, nail polishes,
lipsticks can fuel growth of segment over next few years. Spiraling consumption
of cosmetic products in countries such as India, Brazil, and China attributed
to growing population of working class women can influence growth of market.
Browse more reports of this category by
Grand View Research at: www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Regional segmentation includes
Europe, North America, Asia Pacific, Central & South America, and Middle
East & Africa. In 2017, North America dominated the market and accounted
for major market share. It is predicted to grow at similar pace over the
forecast period. Rising consumption of organic personal care products in Mexico
attributed to growing awareness regarding benefits of natural ingredients such
as neem and turmeric can fuel growth of market. In addition, favorable
regulatory support in Mexico promote new investments at domestic level can
create lucrative opportunities for market in the region. In Untied States, the
market is expected to account for market share equivalent to USD 7.7 billion by
2025.
Similarly Asia Pacific is
anticipated to be fastest growing region over the forecast period with
countries such as India, China, Japan, Australia, and South Korea as sights of
high growth rate. Growing awareness regarding benefits of natural products
coupled with increasing disposable income can fuel growth of market. In
addition, growing base of middle class population in South Asian countries such
as Vietnam, Indonesia, and Malaysia can augment market growth. Shifting
consumer preference from low-price products to premium hair and skin care
products are likely to create lucrative opportunities for market.
In Europe, the market is
likely to grow well over the forecast period attributed to high prevalence of
manufacturing bases for product in countries such as France, United Kingdom,
and Germany. Favorable initiatives from European Commission to promote
production and use of natural ingredients in chemical, personal care, energy,
and automotive sector can influence growth of market in the region.
Some of the leading companies
offering organic personal care are Aveda Corporation; Burt’s Bees, Amway Corporation, Neutrogena Corporation,
and Arbonne International LLC.
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.
No comments:
Post a Comment