Natural and Organic Cosmetics Market Competitive Scenario 2020 to 2023
Posted by Pradeep Zende on January 13th, 2020
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. The second factor supporting the market growth is the positive impact of social media on the growth of natural and organic cosmetics market. However, the short shelf life of the natural and organic cosmetics can hinder the market growth.
Leading Key Players
The 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. Limited, Laboratoire Nuxe, L’Occitance International SA, LOreal SA, and Nature’s Gate.
The natural and organic cosmetics market is segmented on the basis of the consumer group, distribution channel, by type, and region. Based on consumer group, the market has been segmented into male and female. With regards to the distribution channel, the market has been segmented into store-based distribution and non-store-based distribution. By type, the market has been segmented into hair care, makeup cosmetics, oral care, skin care, and others.
The regions covered in the global market are Europe, Asia Pacific, North America & South America), and the rest of the world (RoW).
The regional analysis of the Natural and organic cosmetics market covers regions such as Europe, Asia Pacific, North America, and the rest of the world (RoW).
The RoW segment covers the countries of South America, the Middle East, and Africa. During the forecast period, South America is expected to emerge as the biggest regional market in this segment, growing 8.97% CAGR and its worth is expected to be USD 1,221.2 million.
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Cruelty-Free Cosmetics Market Information by Product-Type (Skin Care, Hair Care, Perfumes & Fragrances, Makeup & Color Cosmetics), Form (Cream, Gel, Liquid, Powder), Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce) and Region - Forecast till 2023
Asia Pacific region is a lucrative market for natural & organic cosmetics manufacturers. Factors aiding growth in this region are mass urbanization, rowing middle-income population group, growing per capita disposable income of the consumers, and rising health awareness. Many key manufacturers are targeting countries like China and India as huge markets. Other important country-specific markets in this region are Japan and Australia & New Zealand (in one segment), followed by the remaining countries of the Asia Pacific region. India is the largest growing regional market, and it is expected to grow at 10.43% CAGR by the end of the forecast period.
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About the AuthorPradeep Zende
Joined: February 12th, 2019
Articles Posted: 396
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