The global organic personal care products market size was valued at USD 35,492 million in 2021 and is expected to grow with a high CAGR of 5.4% during the forecast
— Sion Market Research
SUITE N202, NEW YORK, USA, October 4, 2022 /EINPresswire.com/ — The the global organic personal care products market is forecast record a higher global market share than ever over the projection period. An increase in the number of local manufacturers offering quality organic personal care products is expected to propel the global market. A significant number of domestic and international players are added to the global market every year. This is expected to contribute to the growth of the global market. Changing customer preference for more organic and chemical-free products is expected to become a major driver of global market growth during the projection period. Important players in the global organic personal care products market include Yves Rocher, Natural Products Group, Inc., L’Occitane en Provence, Amway Corporation, Natura & Co, Kao Corporation, Beiersdorf AG, Coty Inc., L’Oreal SA, The Procter & Gamble Company, Mary Kay Inc., Shiseido Company, Limited, Unilever PLC, Revlon, Inc. and The Estée Lauder Companies Inc.
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Organic products have zero to negligible harmful effects on the human body because their basic components are completely natural. This encourages end customers to try new organic products without hesitation and is expected to become a major factor contributing to the growth of the global market. The easy availability of raw materials and relatively lower production costs are the major factors driving the growth of the global market. Access to alternative products is expected to restrain the growth of the global market. However, the demand for premium organic personal care products is likely to create several lucrative growth opportunities in the global market. The global organic personal care products market is expected to face challenges owing to government regulations in the cosmetic sector. Global Organic Personal Care Products Market was valued at USD 35,492 Million in 2021 and is projected to exceed USD 55,729 Million by the end of 2028. The market size is expected to grow with a high CAGR of 5.4% during the forecast period. The market report offers detailed insights into market dynamics. The report is an in-depth study of the major growth drivers, restraints, opportunities, and challenges in the global market.
Organic Personal Care Products Market: Regional Landscape Analysis
North America holds the largest market share.
North America holds the largest share of the global organic personal care products market due to high demand for feminine products from consumers in the region. Moreover, the presence of prominent market leaders in the region will further boost the growth of the regional market.
Asia-Pacific is expected to be the fastest growing region in the global market owing to the growing disposable income of people in the region. Moreover, the growing awareness among people about the benefits of organic products will further contribute to the growth of the regional market.
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1- Beiersdorf introduced OWN – its new brand in March 2021. It is specially prepared for individualized skincare needs by incorporating ingredients of natural origin.
2- Croda acquired the French company Alban Muller International in March 2021 to proliferate its portfolio of active, natural and cosmetic ingredients.
Global Organic Personal Care Products Market: Overview
Personal care products are those products used by consumers to maintain personal hygiene, personal grooming or for beautification purposes. The global organic personal care product broadly covers various products related to deodorant, lip care, skin care, hair care, bath & shower, antiperspirant, oral care and men’s care . Organic products are extracted from natural resources and are made with safe ingredients that do not harm the skin.
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Organic Personal Care Products Market: Opportunities
1- The high demand for premium products is likely to create several lucrative growth opportunities in the global market.
2- The growing disposable income of people is the main reason for the great success of the cosmetic sector. Consumers are willing to pay premium prices for premium products, which is likely to open up new avenues in the global organic personal care products market.
Organic Personal Care Products Market: Challenges
1- Government regulations on the cosmetic sector are a huge challenge in the global market.
2- The government has imposed several restrictions on the use of certain ingredients in cosmetic products, which has become a huge challenge in the global market.
Organic Personal Care Products Market: Segmentation
The global organic personal care products market can be segmented into products, consumers, distribution channels and regions.
By product, the market can be segmented into makeup, oral care, hair care, skin care, and others.
By consumers, the market can be segmented into women and men.
By distribution channels, the market can be segmented into online sales, branded outlets, pharmacies, department stores, supermarkets and hypermarkets, etc.
Organic Personal Care Products Market: Constraints
1- The easy availability of alternatives is likely to restrain the growth of the global market.
2- There are a large number of alternative products present in the market, which is likely to limit the growth opportunities in the global market. Moreover, the supply chain logistics of these market products is very strong, and they have penetrated deep into society. Hence, this is expected to hamper the growth trajectory of the global market.
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