Global Organic Skincare Market
The Global Organic Skincare Market was valued at USD 9.75 Billion in 2021, and it is expected to reach a value of USD 17.57 Billion by 2028, at a CAGR of 8.78% over the forecast period (2022 - 2028).
Skincare is an important aspect of personal care. Beauty industry innovations and developments promise to deliver improved products with a wellness twist. The key factor driving the growth of the organic and natural skincare products market Over the forecast period, rising consumer demand for chemical-free beauty products, as well as increasing concepts of creams, serums, and moisturizers infused with organic components, is likely to fuel demand for organic skin care products. These products are thought to be more effective and have fewer adverse effects, which should lead to an increase in their use by customers. Skin sensitivity and increased awareness about the harmful effects of chemicals and synthetic products are other factors fueling the market growth. The majority of consumers prefer to purchase products that have the terms natural or organic associated with them; which significantly contributes to the market growth during the forecast period.
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Global Organic Skincare Market Segmental Analysis
The Global Organic Skincare market is segmented based on Product, Distribution channel, and Region. Based on Product it is categorized into Body care-(Body Lotions, Body Wash, Other Body Care), Face care -(Cleansers, Moisturizers, and Oils/Serums, Other Facial Care, Face Masks and Packs), and Others. Based on the Distribution channel it is categorized into Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Top Players Company Profiles
Shiseido Company Limited (Japan)
Natura & Co. (Brazil)
The Estee Lauder Companies (US)
Yves Rocher (France)
True Botanicals (US)
Tata Harper (US)
The Hain Celestial Group (US)
Weleda AG (Switzerland)
Arbonne International (US)
Purity Cosmetics (100% Pure) (US)
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Recent Developments
In January 2022, L'Oreal and Verily formed a strategic alliance to advance precision skin health. It is expected to include two programs aimed at better understanding and characterizing skin and hair aging mechanisms, as well as informing L'Oreal's precision beauty technology strategy and product development.
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