Wednesday, July 21, 2021

Organic Personal Care and Cosmetics Products Market Report, 2021 Share, Key Players, Segmentation Analysis, Business Growth and Forecast to 2027, Growth, Applications, Major Drivers, Value and Foreseen till 2027

 As per UnivDatos Market Insights, Organic Personal Care and Cosmetics Products Market was valued at US$ 38.8 billion in 2020 and is expected to reach US$ 56.6 billion by 2027, registering a CAGR of 5.57% during the forecast period (2021-2027). 

Organic personal care and cosmetic products mainly comprise plant ingredients and are free of chemicals such as parabens, phthalates, aluminium salts, and petrochemicals, which are potentially harmful to an individual’s health. Increasing beauty consciousness and health awareness are prime factors driving the market growth. It is estimated that approximately 9,500 people in the U.S. are diagnosed for skin cancer each day. Nonmelanoma skin cancer (NMSC), including basal cell carcinoma (BCC) and squamous cell carcinoma (SCC), affects more than 3 million Americans every year. Moreover, players operating in the market have been putting numerous efforts into launching several products in the market, thereby supplementing the market growth.

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A survey published by one of the leading healthcare research firm, 70% of the customers wish to buy natural cosmetics. 56% wish to buy brands which are newcomers on the cosmetics market. 78% tend towards following a healthy lifestyle, whereas 68% tend towards buying bio-foodstuffs. 86% of customers are influenced in their decisions by environmental awareness. 70% are willing to pay extra for a natural cosmetic made of natural ingredients. 68% of participants are similarly willing to pay extra for a cosmetic in packaging made of natural material. Sephora’s US online sales of 2020 are reportedly up 30%, compared to 2019. Similarly, e-commerce technology and digital marketing company ITCAN, has reported that online orders for skincare and makeup products in Saudi Arabia has soared up by 700% as consumers sought to avoid public places and online orders for skincare rose by 105.37%, with 32.7% coming from new users, showing a conversion rate of 63.59%.

The report “Organic Personal Care and Cosmetics Products Market: Current Analysis and Forecast (2021-2027)” by UnivDatos Market Insights delivers a comprehensive analysis of type, consumer group, distribution channel, and region. 

Organic Personal Care and Cosmetics Products Market Segmentation

By Type: 

·       Skin Care

·       Hair Care

·       Oral Care

·       Makeup Cosmetics

 By Consumer Group: 

·       Male

·       Female

By Distribution Channel:

·       Online

·       Offline

By Region:

·       North America

Ø  United States

Ø  Canada

Ø  Mexico

Ø  Rest of North America

·       Europe

Ø  United Kingdom

Ø  Germany

Ø  Spain

Ø  France

Ø  Italy

Ø  Russia

Ø  Rest of Europe

·       Asia-Pacific

Ø  China

Ø  India

Ø  Japan

Ø  Australia

Ø  Rest of Asia-Pacific

·       South America

Ø  Brazil

Ø  Argentina

Ø  Rest of South America

·       Middle East & Africa

Ø  South Africa

Ø  Saudi Arabia

Ø  Rest of Middle East & Africa

Based on type, the report segments the market into Skin Care, Hair Care, Oral Care, and Makeup Cosmetics. The Skin Care segment was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% between 2021-2027. 

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Based on consumer group, the market is divided into Male, and Female. The Female segment generated revenue of US$ XX million in 2020 and is expected to reach US$ X million by 2027, growing at a CAGR of X% over the analysed period.

Based on distribution channel, the market has been bifurcated into Online, Offline. The Offline segment generated revenue of US$ X million in 2020 and is expected to grow at a CAGR of X% during the forecast period to reach a market valuation of US$ X million by 2027.

Additionally, this report also provides detailed analysis of the market for major regions including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. According to UnivDatos Market Insights, the North America region of the “Organic Personal Care and Cosmetics Products Market” was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% between 2021-2027.

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Key players

The market is highly fragmented due to the presence of different large, small, and medium-scale players. The market of Organic Personal Care and Cosmetics Products is highly competitive. Some of the key players that hold major market share include companies are:

·       LOreal International

·       L’Occitane en Provence

·       Arbonne International, LLC

·       Burt's Bees

·       Estee Lauder Companies Inc.

·       Amway Corporation

·       Oriflame Cosmetics S.A.

·       Yves Rocher

·       Aubrey Organics, Inc.

·       Nature's Gate

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