A research report available on Grand View Research,
Inc. states that the global organic
personal care market will reach USD 25.11 billion by 2025. High demand
for natural and organic skin care, hair care, and several cosmetic products is
anticipated to propel the market development over the forecast period (from
2016 to 2025). Organic personal care products aid in reducing reliance on
petroleum-based products and in decreasing pollution levels as they are made
from natural resources. This is projected to be a major growth driving factor
for the global market.
Approval from regulatory bodies, such as the US Dept.
of Agriculture (USDA), for using organic products in personal care products is
projected to spur market growth. In addition, constant research and development
activities by major players such as The Body Shop, along with technological
breakthroughs for the production of low-cost products, are likely to be one of
the growth driving factors for the overall market. This trend is further expected
to continue during the forecast years. Growing R&D for customized and
advanced products is estimated to offer new growth opportunities for the global
market over the coming years.
Massive R&D investments by key players to include improved
animal and plant extracts in their products are also likely to promote market
growth in future. Moreover, shifting user preference toward using organic
materials and products due to rising consciousness about environment-related concerns
and the adverse effects of chemicals and other artificial ingredients is also
said to spur market growth.
Browse full research report on Organic Personal Care Market: https://www.grandviewresearch.com/industry-analysis/organic-personal-care-market
The global organic
personal care market is categorized according to product type and region. On
the basis of product type, the market is segmented into cosmetics, hair care,
skin care, oral care, and others. Based on region, the market is divided into Asia
Pacific (APAC), Europe, North America, Middle East and Africa (MEA), and Latin
America.
The APAC region is expected to achieve significant
growth over the forecast period. High demand for cosmetic products due to
increased consciousness among youth about external appearance is projected to
be one of the key growth driving factors for the region. In addition, rising disposable
income levels and enhanced standards of living in various emerging nations such
as China, Malaysia, and India are predicted to impel the regional market growth
in future.
North America occupied over 35% of the total revenue
in 2015. The region is expected to witness steady growth over the estimated
period as a result of ever-increasing consumption of various cosmetic products and
novel product launches by various FMCG manufacturers. Moreover, implementation
of the Kyoto Protocol and Montreal Protocol in the US and Canada for
restricting greenhouse gas emissions has forced companies to use organic
ingredients in their products. This is also estimated to have a huge and
positive impact on the development of the regional market.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Europe crossed USD
2.5 billion in 2015 and is likely to grow at a fast pace from 2017 to 2025.
This growth can be accredited to rising preference toward organic and naturally-derived
products over artificial ones. In addition, positive regulatory framework
encouraging the use of organic products is projected to augment the market in
this region during the next few years.
Major companies operating in the worldwide organic
personal care market include The Body Shop International PLC; Natura Cosméticos
S.A.; Bare Escentuals, Inc.; Burt’s Bees, Inc.; The Hain Celestial Group; The
Estée Lauder Companies Inc.; and L'Occitane en Provence. All these players have
undertaken key market strategies to stay in the race. Some of these strategies
are novel product launches, M&A activities, and global business expansion.
For instance, DAUPHINE organics recently released its new line of skincare
products called Luxe Agape Collection. The product line is handcrafted and involves
some of the best and finest exotic ingredients rich in nutrients to provide users
with an ultimate luxury skincare experience.
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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