Organic Personal Care Products Market Share | Growth Factors and Forecast to 2024
The organic personal care products market is likely to touch USD 19.50 billion at an 8.95% CAGR between 2019- 2024, reveals the new Market Research Future (MRFR) report. Organic personal care products comprise plant ingredients. They are sans chemicals such as petrochemicals, aluminium salts, phthalates, and parabens that are potentially harmful to health. Fragrances, nail care, oral care, hair care, skincare, and others are different types of organic personal care products.
Various factors are adding to the global Organic Personal Care Products Market Share. These factors, as per the new MRFR report, include increasing consumer inclination for organic personal care products, rising consumer awareness about the adverse impacts of synthetic personal care products, change in the standard of living, overall health awareness, increasing disposable income, government regulation and support, and increasing beauty consciousness.
On the contrary, the availability of innovative & advanced beauty treatments and brief shelf life are factors that may limit the global organic personal care products market growth over the forecast period.
The MRFR Report offers a complete segmental analysis of the global organic personal care products market based on distribution channel and product types.
By product types, the organic personal care products market is segmented into fragrances, nail care, oral care, hair care, skincare, and others. The skincare segment is again segmented into sun care products, facial masks, cleansing lotions, toners, facial creams, and others. The hair care segment is again segmented into sprays, conditioners, shampoos, oils, and others. Of these, the skincare segment will lead the market over the forecast period for the growing awareness about the harmful impact of synthetic products and chemicals, and skin sensitivity.
Get a FREE Sample Copy of Report: https://www.marketresearchfuture.com/sample_request/1957
By distribution channel, the organic personal care products market is segmented into non-store-based and store-based. The store-based distribution channel is again segmented into specialty stores, supermarkets and hypermarkets, and others. Of these, the store-based segment will dominate the market over the forecast period.
Based on the region, the global organic personal care products market report covers the recent trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, Europe will lead the market over the forecast period. Factors fuelling market growth include technological upgradation, advancements in product development, and growing awareness about the various benefits of using organic personal care products over conventional products. France and Germany are the key contributors in the region.
The organic personal care products market in North America is predicted to have healthy growth over the forecast period for favorable regulatory support for facilitating new investments at domestic levels and increasing use of organic personal care products for the increasing awareness about the positive effects of natural ingredients like neem and turmeric.
The organic personal care products market in the Asia Pacific region is likely to grow at a fast pace during the forecast period for the rising per capita disposable income and rising consumer awareness about the various health benefits of using these products. China is the key contributor in the region.
Leading players profiled in the global organic personal care products market report include The Estée Lauder Companies Inc. (U.S.), Shiseido Co. Ltd. (Japan), Oriflame Cosmetics S.A. (Switzerland), Revlon Inc. (U.K.), Mary Kay Inc. (U.S.), Procter & Gamble Co. (U.S.), L'oréal Group (France), Avon Products Inc. (U.S.), Kao Corp. (Japan), and Alticor Inc. (U.S.). Industry players have incorporated strategies such as contracts, joint ventures, strategic alliances, geographic expansions, mergers and acquisitions, product launches, and others to strengthen their position in the market and also cater to the growing needs of the consumers.
Note: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
+1 646 845 9312
Email: [email protected]