The latest market report published by Credence Research, Inc. “Global Natural Cosmetics Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The global natural cosmetics market has witnessed rapid growth in recent years and is estimated to grow at a CAGR of 5.5% between 2023 and 2030. The market was valued at USD 37.2 billion in 2022 and is expected to reach USD 54.11 billion in 2030.
The growth is primarily driven by the increasing consumer awareness and preference for clean, sustainable, and organic beauty products. This shift in consumer behavior towards healthier and greener lifestyles has seen skincare products dominate the market. However, the hair care segment is likely to exhibit the fastest growth during the forecast period. The surge in online shopping and e-commerce is also propelling the market, as consumers seek the convenience and variety of digital platforms.
Natural Cosmetics Market Top Report Findings reveal that consumers are increasingly demanding natural and organic beauty products. The report suggests that the global market for natural cosmetics is expected to grow significantly over the next few years due to consumer awareness of harmful chemicals in conventional beauty products and a growing interest in sustainable, eco-friendly practices. Additionally, the report highlights key trends in the industry such as an emphasis on plant-based ingredients, cruelty-free certifications, and packaging that reduces waste. Furthermore, it notes that established brands are facing challenges from new entrants who prioritize transparency and authenticity in their product offerings.
Nevertheless, opportunities abound, particularly in expanding distribution channels and online sales, increasing consumer awareness, and potential for product innovation.
North America currently dominates the market, with the U.S. leading due to its significant consumer base and growing demand for clean, organic beauty products. However, the Asia Pacific region presents a lucrative growth opportunity and is expected to contribute substantially to market expansion.
Key players in the market include Burt’s Bees, 100% Pure, Korres S.A., Bare Escentuals Beauty Inc, L’Oréal SA, Aveeno, Weleda AG, Arbonne International LLC, Avon Product Inc, Coty Inc, and Tata Harper. These companies are investing in R&D operations and strategic partnerships, driving innovative product developments and expanding their global reach.
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Natural Cosmetics Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
- The report includes information on the competitive landscape, such as how the market’s top competitors operate at the global, regional, and country levels.
- In-depth analysis of the global market segmentation on the Distribution Channel and Product
- Major nations in each region with their import/export statistics
- The global Natural Cosmetics Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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