The ASEAN Organic Cosmetics market is estimated to account for US$ 3,966.6 Mn in terms of value by the end of 2019. Organic cosmetic producers in the United Kingdom are becoming increasingly popular in a variety of industries, including food and beauty goods. Organic cosmetics have been increasingly popular among both women and men in recent years, since they are both ecologically friendly and beneficial to skin health. Organic cosmetics are made using organically grown vegetable raw ingredients, which means they must always be accompanied by a formal certification proving their safety.
Organic cosmetics are made with natural components that are cultivated without the use of synthetic chemicals or genetically modified organisms. To be considered organic, a cosmetic must have at least 95% organic components and contain no petroleum-derived substances, paraffin, formaldehyde, or synthetic colours. Organic cosmetics are manufactured with recyclable and biodegradable components, not only in their composition but also in their packaging.
The market growth of ASEN organic cosmetics can be attributed to the high production of organic ingredients due to the wide availability of resources. As per the report published by Foreverest Resources Ltd. in October 2018, the natural and organic personal care market is expected to reach nearly $20 billion by 2022, and the most rapid growth is coming from the Asia Pacific (APAC) region. In 2016, 34% of beauty products launched in APAC nations carried a sustainable or organic claim.
Market Opportunities-
The rising number of partnerships between companies, salons, and clinics is expected to propel the market growth over the forecast timeframe. Various clinics and salons for hair treatment are teaming up with companies such as Avon, The Body Shop and others for distributing organic hair care products. Moreover, rising awareness among consumers regarding the organic cosmetic product is further projected to foster market growth over the forecast timeframe.
The market for organic cosmetics is growing due to increased demand for men's skin products as men become more conscious about their looks and cleanliness. According to L'Oréal's financial report, 60 percent of young men (aged 15 to 24 years) in the country are concerned about acne or greasy skin, and over 70 percent of young men use a cleaning lotion. Furthermore, increased demand for natural hair treatment products is expected to fuel organic cosmetics market growth.
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Natural and Organic Cosmetics Market appears to grow with overwhelming possibilities as well as opportunities during the forecast period (2018-2023).
The natural and organic cosmetics market is expected to reach revenues worth USD 25,107.7 million, expanding at a CAGR of 9.60 % till 2023.Natural and Organic Cosmetics Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc.
Furthermore, it covers key market updates, the impact of regulations and technological updates in.
The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.The major factor driving the growth for the natural and organic cosmetics is a growing preference for natural and organic ingredients in the cosmetics by the consumers.
However, the short shelf life of the natural and organic cosmetics can hinder the market growth.Get a Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7257 Leading Key PlayersThe market players are observed as being focused on increasing their operations globally and engage in strategic acquisitions to grow in the business of natural and organic cosmetics.
The key players profiled in the study are Aubrey Organics Inc., Bare, The Clorox Co, Escentuals Inc, The Estee Lauder Companies Inc., FANCL Corp., Jurlique International Pty.
