The organic personal care market
was valued at USD 12.17 Billion in 2018 and is expected to reach USD 23.72
Billion by 2026 growing at a Compound annual growth rate (CAGR) of 8.70% between
2018 and 2026. Rising awareness regarding the benefits of organic personal care
products made from natural ingredients coupled with the rise in industry players
and modification in distribution channel are expected to be the prime factor
responsible for the growth of global organic personal care market during the
forecast period. Moreover, increasing incidence of skin allergies, hair fall
and hair thinness coupled with stringent government regulations towards the use
of harmful chemical compounds in producing cosmetics are further estimated to
create new necessities and augment the market of growth over the forecast
period of 2018-2026.
Skin Care segment is estimated to
witness significant growth
The organic personal care
market has been segmented based on product which is further divided into skin
care, hair care, cosmetics and oral care. Based on channels of distributor the
organic personal care market has been segmented as parlors and salons,
pharmacies, specialty stores, super markets and online stores. The rising
disposable income coupled with growing consumer awareness towards preventing
skin diseases such as skin allergies, skin cancer and others owing to exposure
of skin into ultraviolet rays, pollution and global warming are the prime
causes expected to drive the skin care segment to grow at the fastest rate
during the forecast period. In addition, increasing awareness regarding maintaining
a health skin across the male population across the globe is further expected
to propel the demand of skin care segment.
The global organic personal
care market has been geographically segmented into Asia-Pacific, Europe, North
America, Latin America, the Middle East and Africa region. In addition to this,
North America region holds the largest market share. The reason may be
attributed to the high consciousness among the consumers and stringent government
rules towards personal care and cosmetics industry. Product availability and
sufficient spending towards personal care and grooming are other reasons
responsible for the growth of organic personal care market in North America
region. Increasing channels of distribution coupled with rising disposable
income and increasing trends of adopting western lifestyles across male and
female population in Asia Pacific region are expected to propel the demand for
organic personal care products at the fastest CAGR during the forecast period.
Increasing investment towards research and development of latest and effective
organic personal care products coupled with increasing promotional activities
are expected to augment the growth of Europe organic personal care market
during the forecast period. These reasons are expected to positively influence
the market growth during the forecasted period.
Some of the key players in the
global organic personal care market include Amway, Arbonne International LLC,
Bare Escentuals Beauty, Inc., Estee Lauder, Loreal SA, Natura Cosmeticos SA,
The Body Shop, The Hain Celestial Group, Weleda AG and Yves Rocher.
·
Skin Care
·
Hair Care
·
Cosmetics
·
Oral Care
·
Parlors and Salons
·
Pharmacies
·
Specialty Stores
·
Super Markets
·
Online Stores
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
U.K.
o
France
o
Germany
o
Italy
o
Rest of Europe
·
Asia Pacific
o
India
o
China
o
Japan
o
Rest of Asia Pacific
·
Middle East
and Africa
o
South Africa
o
Rest of Middle
East and Africa
·
Latin America
o
Brazil
o
Rest of Latin America
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