NEW
YORK, Aug. 6, 2024 /PRNewswire/ --The global
natural cosmetics market size is estimated to grow by USD 45.37 billion from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
28.29% during the forecast period. Growing consumer demand for
chemical-free and environment-friendly natural cosmetics
products is driving market growth, with a trend
towards growing demand for organic plant-based cosmetics
products. However, stringent government regulations poses a
challenge. Key market players include Arbonne International LLC,
Beiersdorf AG, Bloomtown Ltd., Highlander Partners, Honasa Consumer
Pvt. Ltd., Johnson and Johnson Services Inc., Kjaer Weis, Korres, Loccitane International SA,
LOreal SA, Natura and Co Holding SA, Nutraceutical Corp., Nuxe,
Pola Orbis Holdings Inc., Tata Natural Alchemy LLC, The Clorox Co.,
The Estee Lauder Companies Inc., The Honest Co. Inc., Unilever PLC,
and Weleda Group.
![Technavio has announced its latest market research report titled Global natural cosmetics market 2024-2028 Technavio has announced its latest market research report titled Global natural cosmetics market 2024-2028](https://mma.prnewswire.com/media/2475492/Technavio_Global_natural_cosmetics_market_Infographic.jpg)
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Natural Cosmetics
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
28.29%
|
Market growth
2024-2028
|
USD 45375.8
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
21.65
|
Regional
analysis
|
APAC, Europe, North
America, Middle East and Africa, and South America
|
Performing market
contribution
|
APAC at 61%
|
Key
countries
|
Japan, China, South
Korea, UK, and US
|
Key companies
profiled
|
Arbonne International
LLC, Beiersdorf AG, Bloomtown Ltd., Highlander Partners, Honasa
Consumer Pvt. Ltd., Johnson and Johnson Services Inc., Kjaer Weis,
Korres, Loccitane International SA, LOreal SA, Natura and Co
Holding SA, Nutraceutical Corp., Nuxe, Pola Orbis Holdings Inc.,
Tata Natural Alchemy LLC, The Clorox Co., The Estee Lauder
Companies Inc., The Honest Co. Inc., Unilever PLC, and Weleda
Group
|
Market Driver
The natural cosmetics market is witnessing a significant trend
towards plant-based and vegan cosmetics. These products, which
include personal care, skincare, and hair items, utilize organic
plant extracts as key ingredients. These extracts are sourced from
plants that have not been exposed to chemical pesticides,
herbicides, or fertilizers. Brands manufacturing these items
provide clear labeling to indicate a high percentage of organic
farming-derived ingredients. Traditional cosmetics, such as
lipsticks and soaps, may contain animal content. However,
plant-based cosmetics brands use alternative, cruelty-free
ingredients like plant oils, waxes, and by-products. Some companies
even use plant-based packaging. Collaborations between market
leaders are increasing to develop organic and plant-based
cosmetics, fueling market growth during the forecast
period.
The Natural Cosmetics market is booming with trends like
personalization, catering to unique skin types, tones, and
concerns. Brands offer customizable formulations for skincare and
makeup, appealing to environmentally conscious consumers.
Eco-friendly packaging, using biodegradable materials and
minimalist designs, is a priority. Zero-waste packaging and
recyclable containers reduce environmental impact. Consumers prefer
natural ingredients from plants, minerals, and naturally occurring
substances. However, potential side effects and environmental
concerns related to synthetic chemicals, preservatives, and
additives are driving expenditure towards natural alternatives.
Wellness and health-conscious lifestyles fuel the demand for
natural cosmetics, addressing various skin problems without
synthetic elements.
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Market Challenges
- The natural cosmetics market is subject to rigorous regulatory
frameworks that prioritize consumer health and safety. In
Canada, the Cosmetics Ingredient
Hotlist bans the use of chemicals such as formaldehyde, triclosan,
selenium, nitrosamines, and 121,4-dioxane. Manufacturers must
disclose all cosmetics ingredients to Health Canada and comply with
regulations prohibiting hazardous ingredients. In Europe, the Cosmetics Regulation (EC
1223/2009) requires Product Information Files, including Cosmetics
Product Safety Reports, and pre-market safety assessments. The EU
Cosmetics Directive (76/768/EEC) mandates registration of natural
cosmetics products, government authorization for nanomaterials, and
prohibits animal testing. European importers of over one ton of
natural ingredients must register them with REACH. These
regulations ensure product safety and act as entry barriers, posing
challenges for potential and existing market players in the global
natural cosmetics market.
- The Natural Cosmetics Market is experiencing significant growth
due to the increasing demand for products made with natural
ingredients, such as plants and minerals. However, creating natural
cosmetics comes with challenges. Potential side effects and
environmental concerns are key considerations. Synthetic chemicals,
preservatives, and additives are often used in conventional beauty
products, but they can pose risks. Consumers, especially those with
skin problems, are increasingly health-conscious and seeking
natural alternatives. However, the expenditure on natural
formulations can be higher due to the sourcing and production costs
of naturally occurring substances. Regulations for natural
cosmetics are evolving, and ensuring the durability and shelf life
of natural products can be challenging due to spoilage and
microbial contamination. The mass-market appeal of natural
cosmetics is growing, with e-commerce platforms providing a global
audience and opportunities for customization. The Natural Cosmetics
Market is expected to continue expanding, as consumers prioritize
wellness and seek out plant-based, organic, and naturally derived
ingredients.
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Segment Overview
This natural cosmetics market report extensively covers market
segmentation by
- Distribution Channel
- Type
- 2.1 Personal care
- 2.2 Skin care
- 2.3 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Offline- In 2023, the offline distribution
channel remains a preferred choice for selling natural cosmetics
due to several factors. Wide product availability, test and trial
options, and product verification for ingredients and halal
certification are significant advantages of offline retailers.
Specialty stores, hypermarkets, supermarkets, warehouse clubs,
convenience stores, department stores, salons and spas, drugstores,
and medical institutes are popular offline retail formats. Halal
cosmetics and personal care product manufacturers partner with
these retailers to distribute their brands. The specialty stores
segment generated the highest revenue in the global natural
cosmetics market through offline distribution channels in 2023.
This growth is driven by the popularity of beauty and personal care
products. Manufacturers leverage these retailers to plan marketing,
advertising, and promotional activities, increasing product and
brand visibility among customers. Despite the convenience of online
shopping, offline channels' advantages will continue to drive sales
and contribute to the growth of the global natural cosmetics market
through the offline segment during the forecast period.
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analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
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reports
The global cosmetic oil market is experiencing robust growth,
driven by increasing consumer demand for natural and organic beauty
solutions. Concurrently, the natural skin care products market is
also thriving. Both markets are fueled by a rising preference for
sustainable, eco-friendly ingredients and growing awareness of the
benefits of natural skincare.
Research Analysis
The Natural Cosmetics Market is experiencing significant growth
due to increasing consumer awareness and preference for products
made from natural ingredients. These products, which include those
made from plants, minerals, and naturally occurring substances,
offer several benefits over their synthetic counterparts. However,
potential side effects and environmental concerns are key
considerations for consumers. Synthetic chemicals, preservatives,
and additives are often used in cosmetics to ensure durability and
prevent spoilage, but they can have negative impacts on health and
the environment. The market for natural cosmetics is expanding
beyond niche markets and gaining mass-market appeal, driven in part
by the e-commerce industry and e-commerce platforms that reach a
global audience. Consumers are seeking customized natural
formulations, and companies are responding with innovative
plant-based solutions. However, challenges remain, including the
need for effective preservation methods and addressing microbial
contamination to ensure product safety and shelf life. Despite
these challenges, the Natural Cosmetics Market continues to grow as
consumers prioritize health, sustainability, and ethical production
in their beauty choices.
Market Research Overview
The Natural Cosmetics Market is experiencing significant growth
as consumers shift towards health-conscious lifestyles and
wellness. Natural cosmetics are made from natural ingredients,
including plants, minerals, and naturally occurring substances,
which offer potential benefits without the potential side effects
associated with synthetic chemicals, preservatives, and additives.
However, natural formulations can have challenges such as spoilage
and microbial contamination, requiring careful consideration of
shelf life and durability. Environmental concerns are also driving
the demand for natural cosmetics. Many consumers prefer plant-based
and organic ingredients, which are free from synthetic elements
found in conventional beauty products. Customization and
personalization are key trends, with unique skin types, tones, and
concerns leading to demand for customizable formulations. The
e-commerce industry and online shopping have expanded the global
reach of natural cosmetics, making them accessible to a mass-market
audience. E-commerce platforms offer opportunities for
customization, personalization, and eco-friendly packaging,
including biodegradable materials, minimalist designs, and
zero-waste packaging. Consumers are increasingly environmentally
aware and conscious, seeking to reduce their impact on the planet
by choosing natural cosmetics with minimal synthetic ingredients
and sustainable packaging.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Distribution Channel
-
- Type
-
- Personal Care
- Skin Care
- Others
- Geography
-
- APAC
- Europe
- North America
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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