ID: MRFR/CR/1425-HCR | February 2023 | Region: Global | 110 Pages
Organic Personal Care Products Market Size is anticipated to reach USD 31.34 Billion by 2030, registering a CAGR of 10.56% during 2022-2030.
$31.34 Billion
10.56%
Europe
2022-2030
During the projection period ending in 2030, the organic personal care products market will reach USD 31.34 billion, with a CAGR of 10.56 percent during the forecast 2020-2030. Consumer preferences for natural and organic products have been a must, with the preference for these items expanding beyond environmental concerns to include health and preventive. This shift is partially due to a rise in the number of people suffering from allergies and rashes, which has raised understanding of the potential health risks of personal care components. Consumers have a perspective that prioritizes quality over quantity, preferring products with a small number of effective natural components.
Due to the presence of a large youth client base on various social media platforms, manufacturers are substantially investing in creating digital sales channels, with a concentration on social media marketing. Consistent use of chemical-based cosmetics and personal care products has resulted in skin irritation, which substantially impacts customers' preferences for organic products. Furthermore, customers are becoming more sensitive to animal welfare by avoiding personal care goods that have killed an animal, which has significantly impacted consumer shopping patterns. The natural and organic personal care products market is rising due to swelling health-conscious consumers.
COVID-19 Analysis
The COVID-19 outbreak has badly impacted the Organic Personal Care Products Market Size. An increasing number of cases worldwide has resulted in a global lockdown and disrupted the supply chains. The operational and manufacturing units of the industries were closed. Industrial activities were halted, which ultimately stopped the production. The pandemic has significantly affected the Organic Personal Care Products Market
Globally. It has shown a drastic impact on the sales sector of the market. The delivery of products to the distribution channels such as the supermarkets, retail stores, and specialty stores was stopped due to lockdown restrictions. These stores even remained closed for a long period. Therefore, the market faced huge revenue loss. The delayed process has resulted in the decreased interest of consumers for the products. These factors largely impacted the Organic Personal Care Products Market Size. In the future years, the market will notice good growth because of the rise in people's concern for skin health. Therefore, the market will reach a good CAGR value.
Chief Existing Factors of The Market
The market drivers are the major regions the Organic Personal Care Products Market is showing significant growth. The rise in beauty concerns among the young generation is driving the market. People being conscious about their skin and body health has increased the market value. The growing skin diseases and skin problems have wisely driven the market.
The Organic Personal Care Products Market faced various challenges during the growth period. The COVID-19 pandemic has created tough, challenging situations due to which various challenging factors affected the market. The manufacturers are facing challenges while trying to meet the customer's demand.
The market is receiving widespread opportunities around the world. The rise in the number of skin problems opens opportunities for the market. People being conscious about their skin, hair, and body texture and their demand for organic-based products fuel the Organic Personal Care Products Market Growth.
The Organic Personal Care Products Market is noticing restraining factors while progressing. The other natural and herbal-based products have become a major restraints for the market.
Cumulative Evaluation of The Market
The evaluated report of the market shows the market's growth rate in the past years. Market drivers and opportunities play a crucial role in propelling the Organic Personal Care Products Market Share. The growth hampering factors are affecting the market, but the marketing strategies of key players to help it emerge the market at the global level. Hence, the Organic Personal Care Products Market Value will successfully reach a healthy CAGR value during the forecast period.
Market Segmentation
The Organic Personal Care Products Market Analysis is segmented based on product type and distribution channel.
The market is classified based on product types, like skincare, haircare, oral care, nail care, fragrances, and others. The skincare segment has been classified into facial creams, toners, cleansing lotions, facial masks, sun care products, and others. The hair care segment is further segmented into oils, shampoos, conditioners, sprays, etc.
The market is segregated, based on distribution channel, as store-based and non-store-based. Store-based distribution channel has been further divided into supermarkets & hypermarkets, specialty stores, and others.
Regional Analysis
According to the geographical status, the Organic Personal Care Products Market covers different regions worldwide, such as North America, Europe, Asia Pacific, and the rest of the world. Among these regions, the European region is considered the dominating region of the market in terms of value and volume. The growth of this region's organic personal care products due to various factors such as the rise in several consumer awareness regarding the multiple benefits of organic personal care products over other conventional personal care products is largely driving the market at the global level.
Advancement product development with skin-friendly elements and technological upgrades positively impacts the Organic Personal Care Products Market Growth in the European countries during the forecast period. Among the European countries, the major countries such as Germany and France have collectively accounted for and shown significant growth in recent years. However, the Asia-Pacific region is registered to witness massive growth shortly in the coming years. The increase in consumer awareness regarding the health benefits of organic personal care products and the increasing per capita disposable income fuel the growth of the Asia-Pacific market. China is the major region driving the regional market of the Asia Pacific region.
Competitive Intensity Within the Industry
Below mentioned the list of major players responsible for the growth of the Organic Personal Care Products Market.
Recent Market Development
Report Overview
The overview report of the Organic Personal Care Products Market shows the development of the market in the past years. The growth consistency of the market to continue even in the future days. The market driver's role and effects were discussed in detail. The market's segmentation analysis shows the segment's widespread services throughout the world. The geographical report of the market analysis shows the major regions covered by the market. The market will reach further developments, and the key players to launch more innovative products in the coming years. Therefore, the market will successfully reach its estimated value in the review period.
Key Industrial Segments
By Product Type
Skin Care
Hair Care
By Distribution Channel
organic personal care products market is projected to grow at approximately 10.56% CAGR during the assessment period (2020-2030).
organic personal care products market is estimated to reach a valuation of approx. USD 31.34 BN by the end of 2030.
Rising disposable income and awareness about negative impacts caused by the usages of synthetic chemicals are major tailwinds pushing the growth of the global organic personal care products market.
Europe holds the largest share in the global organic personal care products market, followed by North America and the Asia Pacific, respectively.
The Estée Lauder Companies Inc. (US), Unilever PLC (UK), Shiseido Company, Limited (Japan), Revlon, Inc. (US), L'Oréal S.A.(France), Kao Corporation (Japan), Coty Inc. (US), Beiersdorf AG (Germany), Mary Kay Inc. (US), Natura & Co (Brazil), L'Occitane en Provence (Switzerland), The Procter & Gamble Company (US), Amway Corporation (US), Yves Rocher (France), and Natural Products Group, Inc. (US), are some of the top players operating in the global organic personal care products market.