The global Organic Personal Care Market is forecasted to reach USD 31.55 billion by 2027, according to a new report by Reports and Data. The main reasons driving the growth of organic personal care market will be a rising need for natural health products and cosmetics for skincare and hair care, coupled with environmentally friendly products that are free from those hazardous chemicals. Rising awareness regarding the harmful effects of chemical products among the educated class, especially ladies, that too prominently aged ones, will help increase the demand for natural beauty products.
The research report delivers a comprehensive assessment of the existing and projected market scenario to offer estimations of the anticipated growth rate of the industry vertical. Moreover, the report also offers key solutions and methodologies to help the companies and readers overcome the impact of the COVID-19 pandemic on the market.
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Key participants include L'Oréal S.A., Aveda Corporation, The Estée Lauder Companies Inc., The Body Shop International PLC, Burt’s Bees, The Hain Celestial Group, Amway Corporation, Yves Rocher, and Natura Cosméticos S.A. among others.
Further key findings from the report suggest
• The main factors driving the growth of organic personal care market will be a rising need for natural health products and cosmetics for skincare and hair care, coupled with environmentally friendly products.
• Increasing expenditure over the R&D department to manufacture cost-efficient products with the usage of available natural sources of raw material will further enhance growth.
• Moreover, the coronavirus has impacted this industry in a very different manner because the demand of some of its type segments like lip care, men's grooming, oral care have seen a great fall but segments like soaps, sanitizers, body wash have enhanced so rapidly that manufacturers are not able to fulfill customer despite robust supply procedure.
• Among the distribution channels, online retail stores are estimated to generate revenue of USD 12.18 billion in the forecasted period. This channel provides door to door services at a very reasonable price; therefore, it is forecasted to register maximum growth.
• The global market was led by the skincare segment in 2018. Rising anti-aging and skin concerns are major driving forces that influence consumer demand positively in this segment.
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For the purpose of this report, Reports and Data have segmented the global Organic Personal Care market on the basis of type, ingredients, distribution channel, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
• Skin Care
• Lip Care
• Deodorant and Antiperspirant
• Bath and Shower
• Oral Care
• Men’s Grooming
Ingredients Outlook (Revenue, USD Billion; 2017-2027)
• Natural Surfactant
• Emollients
• Sugar polymers
• Natural Preservatives
• Active ingredients
• Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
• Hypermarket/Supermarket
• Online Retail Stores
• Specialist Retail Stores
Regional Outlook (Revenue, USD Billion; 2017-2027)
• North America
o U.S
• Europe
o U.K
o France
• Asia Pacific
o China
o India
o Japan
• MEA
• Latin America
o Brazil
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Identifying the basic business drivers, challenges, and tactics adopted:
• The report provides intrinsic details and fluctuating aspects that influence the commercial dynamics of the Organic Personal Care market along with integral factors of the rise in the demand for the product have been mapped across vital geographical regions.
• An overview of the multifarious applications, business areas and the latest trends observed in the industry has been laid out by this study.
• Various challenges overlooking the business and the numerous strategies employed by the industry players for successful marketing of the product have also been illustrated.
• The research inspects the sales channels (indirect, direct, marketing) that companies have chosen for the primary product distributors and the superior clientele of the market.
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