Organic Personal Care Products Market Synopsis:
The global organic personal care products market is growing at a CAGR of 7.61% during the forecast period (2021-2026).
The recent Covid-19 outbreak has impacted the growth of the market for organic personal care products. An increase in the number of cases worldwide has led to a global lockdown and restricted supply chains. Consumer’s discretionary spending has reduced, and companies have been witnessing a behavioural shift towards safe and reliable products.
The key driver of the global organic skin care market analysis Share is product safety. As people become more aware of the dangers of preservatives and other toxic chemicals in personal care products, demand for organic components is increasing. Organic items are more expensive than standard ones, but demand is predicted to skyrocket as consumers become more aware of the benefits of eco-friendly products. Furthermore, over the next several years, environmental concerns are expected to boost the Organic Personal Care Products Market's growth pattern.
Product safety is the primary driver of the global Organic Personal Care Products Market Share. The rising awareness about preservatives and other harmful chemicals used in the personal care products has led to a shift in demand towards organic ingredients. The organic products are priced higher than the traditional ones, but the demand is expected to exhibit a steep rise owing to consumer awareness about the benefits of eco-friendly products. Also, the environmental concerns are projected to support the growth pattern of the Organic Personal Care Products Market Share over the next couple of years.
The emphasis is on the development of innovative product lines. Thus, it is poised to offer a wide range of choices to the customers to choose from in the years to come. Availability of different products is expected to boost competition in the Organic Personal Care Products Market and, thus, accelerate revenue growth. Also, the influx of investments in research & development is prognosticated to drive the expansion of the market in the foreseeable future.
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Competitive Dashboard:
The noted players profiled in this MRFR report are Alticor Inc. (U.S.), Kao Corp. (Japan), Avon Products Inc. (U.S.), L'oréal Group (France), Procter & Gamble Co. (U.S.), Mary Kay Inc. (U.S.), Revlon Inc. (U.K.), Oriflame Cosmetics S.A. (Switzerland), Shiseido Co. Ltd. (Japan), and The Estée Lauder Companies Inc. (U.S.).
Market Segmentation:
By type, the global Organic Personal Care Products Market Share has been segmented into skin care, hair care, oral care, eye care, cosmetics, and others.
By source, the Organic Personal Care Products Market has been segmented into oilseeds, fruits extracts, vegetable extracts, essential oils, tea & coffee extracts, edible nut extracts, cocoa extracts, and others.
By distribution channel, the global Organic Personal Care Products Market has been segmented into supermarkets, pharmacy & drug stores, department stores, direct selling, specialty stores, beauty salons, e-commerce, and others.
By target group, the Organic Personal Care Products Market Share has been segmented into infant, teenage, adult, and elderly.
Regional Analysis:
By region, the global Organic Personal Care Products Market Share has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific signifies strong developmental opportunities. The exponentially growing population, coupled with rising per capita income, is projected to drive the proliferation of the Organic Personal Care Products Market of the region over the assessment period. Also, the favorable regulatory laws of the region are anticipated to attract investments from global leaders, thus, supporting market expansion. North America and Europe are projected to exhibit moderate growth in the upcoming years. Increasing awareness about preservatives such as parabens is likely to catalyze the growth of the natural personal care products industry growth Markets.
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Adroit Market Research launched a fresh research study titled, “Global Organic and Natural Personal Care Market Size 2017, Segmentation by Product Type (Skin Care, Hair Care, Cosmetics, Oral Care, Others), By Region (Asia Pacific, Europe, North America, Rest of the World (RoW)), And Forecast From 2018 to 2025”.The report includes organic personal care market trends and historic and forecast estimates in terms of revenue (USD million).
An in-detail impact of various organic personal care market trends such as drivers, opportunities, and restraints has been covered in the industry outlook section of the study.Request a sample copy of this report: https://www.adroitmarketresearch.com/contacts/request-sample/740 The global organic and natural personal care market is considered to portray a strong rise at 8.3% CAGR during the forecast period.
Changing consumer perception regarding synthetic or chemical and natural ingredients in daily products, customer purchase patterns, and rising awareness about certified and eco-friendly personal care products are some of the major driving factors of the natural personal care market growth.
“Fear-based product marketing” is one of the promotional strategies implemented by global companies.
Consumers fear the long-term effects of utilizing chemical ingredients and conventional cosmetics for skin and hair applications, owing to which they are now opting for safe and biobased products.The US organic and natural personal care market size has been driven by a prominent regulatory scenario regarding the use of consumer goods and retail as well as toxic ingredients in cosmetics.
Presence of heavy regulations on conventional consumer goods has propelled the development of natural and organic formulations in skin care, hair care and oral care products and cosmetics.
