Global Natural Skin Care Products Market- Industry Analysis and forecast 2027
Global Natural Skin Care Products Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 5.49% through 2020 to 2027, reaching US$ XX Mn.
Global Natural Skin Care Products Market
Global Natural Skin Care Products Market Overview:
Improved exposure to chemical cosmetics products has increased cases of allergies owing to which individuals are refraining from purchasing such products & are shifting to natural cosmetics products.
Large-cap beauty & cosmetic key players are investing in organic products division by acquiring small scale businesses for expanding according to market dynamics. For example, in the year 2017, L’Oreal, key players in beauty & cosmetics industry, acquired a German natural cosmetics company, Logocos Naturkosmetik AG, which has a certified product collection made of plant extracts & natural elements. The main aids of the company are skincare, hygiene, body care, hair care, & color.
The facial care segment led the market & accounted for 68.9 percent share of the total revenue in the year 2019. Rising skin-related problems including acne problems, dead skin, open pores, & dull skin, mostly among millennial crowds, have led to the acceptance of organic skincare products. Various brands have been paying to this segment’s development & launching products for the same. For example, in April 2020, Tata Harper, a premium organic skincare brand, introduced Water-Lock Moisturizer for the face having pomegranate enzymes & orange blossom peptides.
The coronavirus outbreak is likely to decrease the demand for natural skincare products through the globe. Customers have become more aware of their spending habits & tend to escape premium products, like organic & natural, which is a main challenge for the market. It is also estimated that consumers would avoid visiting retail stores & brick & mortar stores post-pandemic as they are aware about their health & avoid going to congested places. This might influence the sales of beauty products, counting natural skincare products. Women are more aware of their skin & total appearance, which leads to an inclination for better quality products, which are parabens -free & healthy for their skin. Moreover, the growing involvement of females in the employed population worldwide has enabled them to spend on natural beauty products owing to a rise in disposable income, which is pouring the market.
Europe led the market for natural skin care products & accounted for 38.22 percent share of the global revenue in the 2019. Strict regulations in the region concerning the beauty & cosmetic products, like Nature & COSMOS NATURAL, which describe the standards natural businesses must comply with to ensure customers that their products are genuine organic beauty produced, are paying to the development of the market.
E-commerce is anticipated to witness the fastest growth during the forecast period. The increasing popularity of e-commerce channels among the key companies & high customer penetration has been pouring the sale through this channel. In addition, a rise in the number of organic products private sales websites, like nykaa.com, mamaearth.com, & wowshampoo.com, has been increasing the segment development.
Global Natural Skin Care Products Market1
The objective of the report is to present a comprehensive analysis of the Global Natural Skin Care Products Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Natural Skin Care Products Market dynamics, structure by analyzing the market segments and project the Global Natural Skin Care Products Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Natural Skin Care Products Market make the report investor’s guide.
Global Natural Skin Care Products Market, By Product
• Facial Care
• Body Care
Global Natural Skin Care Products Market, By Distribution Channel
• Direct Selling
• Hypermarkets & Retail Chain
• Specialty Stores
Global Natural Skin Care Products Market, by Region
• North America
• ME & Africa
• Latin America
Global Natural Skin Care Products Market Key Players
• Procter & Gamble
• Estee Lauder
• Mama Earth
• Clorox Co.
• Honest Co.
• The Body Shop
• FOM London Skincare
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Name: Vikas Godage
Organization: Maximize Market Research Pvt.Ltd.Pune
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