Natural and Organic Cosmetics Market-Overview
Natural and organic products have been more popular in recent years, resulting in an increase in demand for products that are good for the skin. Plants and other naturally occurring substances are used to make certified organic products. More crucially, synthetic fertilizers, herbicides, genetically modified organisms (GMOs), pesticides, and other additives or chemicals are not used to produce organic materials. This factor is estimated to benefit the global market in the forecast period. As per MRFR, the market is likely to develop at a CAGR of 9.76% and earn an income level of USD 33.04 Bn in the upcoming period.
The demand for natural and organic cosmetics has risen dramatically, which can be attributed to a number of variables. The growing popularity of such goods is fueled by consumer preference for natural and organic components, among other factors. Synthetic chemical compounds are not used to harvest organic materials, which is estimated to further add to the development of the natural and organic cosmetic market.
The segmental assessment of the natural and organic cosmetic market is carried out on the basis of type, consumer, distribution channel, and region. Based on region, the natural and organic cosmetic market consists of Asia-Pacific, Europe, North America, and other promising regions. By distribution channel, the natural and organic cosmetic market consists of non-store-based and store-based. By type, the natural and organic cosmetic market consists of oral care, make-up cosmetics, skincare, and hair care. By consumer group, the natural and organic cosmetic market consists of females and males.
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The regional appraisal of the natural and organic cosmetic market consists of Asia Pacific, Europe, North America, and other promising regions. The global market for natural and organic cosmetics is expected to be controlled by North America. In terms of volume, the area currently controls more than 34% of the global market. The availability of a wide range of cosmetics puts the country in a desirable position. Although Europe’s market share is lower than North America’s, big cosmetics corporations will keep Europe on their radar for the project’s future. Natural and organic products appeal to a large number of female shoppers in Europe. The APAC market, for example, has a notable standing and is expected to multiply throughout the research period. The Asia-Pacific region remains the world’s most promising market for herbal skin care products. During the forecast period, the Asia-Pacific region is expected to increase at the fastest rate.
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The noteworthy contenders in the natural and organic cosmetic market are L’Occitance International SA, The Clorox Co, LOreal SA, Jurlique International Pty. Limited, The Estee Lauder Companies, Inc., Laboratoire Nuxe, Bare, FANCL Corp., Escentuals, Inc, Aubrey Organics, Inc., and Nature’s Gate.
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Sep 2021 Juice Beauty, a plant-based make-up brand, was launched in India by the group behind e-commerce player Boddess.com, a beauty-tech shop. The business that introduced Boddess in India in 2020 plans to develop the American cosmetics brand Juice Beauty through 20-30 new sales sites in the next few days. To sell their products, the company will partner with other online omnichannel retailers. However, the business did not say how much it would invest in the expansion.
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