The Natural Skin Care Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s Natural Skin Care Products Global Market Report for 2024, the expansive trajectory of the natural skin care products market is unmistakable. Experiencing robust growth, it is poised to escalate from $19.36 billion in 2024 to an estimated $21.23 billion, marking a commendable compound annual growth rate (CAGR) of 9.7%. This surge in the historical period is intricately linked to heightened consumer health awareness, the proven efficacy of natural ingredients, enhanced ingredient transparency, escalating skin health concerns, and the pervasive influence of social media.
Prognosticating a trajectory of rapid advancement, the natural skin care products market is anticipated to burgeon to a staggering $31.94 billion by 2028, boasting a noteworthy CAGR of 10.8%. The anticipated surge in the forecast period can be attributed to a confluence of factors, including the integration of climate-resilient ingredients, a growing emphasis on customization and personalization, ethical and sustainable sourcing practices, a burgeoning culture of wellness and self-care, and an unwavering commitment to ingredient transparency. Noteworthy trends in this forecasted period encompass the adoption of green beauty certification, the infusion of CBD into skincare formulations, the rise of anti-pollution skincare solutions, the advent of digital beauty advisors, and the convergence of biotechnology with natural actives.
The increasing awareness about the benefits of natural products is expected to propel the growth of the natural skincare products market. Natural skin care products market are gaining popularity due to their several health and therapeutic benefits on the human skin. These natural skincare products contain Vitamin C, Vitamin D, Vitamin E, Resveratrol, alpha-hydroxyl acid, and other natural compounds derived from plant sources, which help the body to function at optimal levels and make them easy to use. Moreover, these products are easier on the skin as they do not contain chemical compounds and synthetic ingredients such as artificial fragrance, dyes, parabens, sulfates, phthalates, and other petrochemical substances present in, unlike regular skincare products which are harsh on the skin. Additionally, the shifting in choice of preference of the public from regular skin care products to natural skin care products due to the rise in concern for animals harmed during the manufacturing process of regular skin products has led to increased utilization of natural skin care products. For instance, according to the survey conducted by Nielsen in 2021, more than 73% of respondents intended to purchase only products with minimal environmental impact and 43% of respondents are willing to purchase only all-organic or natural products. Therefore, increasing awareness about natural products is expected to boost demand for natural skin care products during the forecast period.
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The natural skin care products market covered in this report is segmented –
1) By Product: Facial Care, Body Care
2) By Type: Mass, Premium
3) By Distribution Channel: Direct Selling, Other Distribution Channels
4) By End Use: Men, Women, Children
Top 5 Major Players:
- The Procter & Gamble Company
- The Estée Lauder Companies Inc
- Mamaearth International Pvt. Ltd.
- Unilever PLC, The Clorox Company
A pivotal trend gaining substantial traction in the natural skincare products market is the growing reliance on e-commerce as a strategic distribution channel. Renowned cosmetic brands are steering away from chemical-laden and synthetic skincare offerings, pivoting towards products sourced from natural origins. Traditionally retailed through offline establishments, these major brands are increasingly gravitating towards an online presence. This shift has been catalyzed by the aftermath of the pandemic, with social distancing measures prompting the temporary closure of brick-and-mortar stores. In response, organizations embraced e-commerce, reaping success as certain brands opted for online exclusivity. The trend gained further impetus as major corporations recognized the advantages of e-commerce, including easy accessibility, a broader market reach, and the provision of personalized options.
Illustrating this transformative shift, in 2021, Dr. Botanicals, a prominent US-based natural skincare brand, successfully launched their products on Walgreen’s website. This strategic move was accompanied by a comprehensive marketing campaign encompassing paid online advertising, influencer collaborations, media relations, and an impactful social media presence. The foray into online retail underscores the industry’s adaptation to contemporary market dynamics, heralding a paradigm shift towards digital commerce as an indispensable distribution channel for natural skincare products.
The natural skin care products market report table of contents includes:
1. Executive Summary
2. Natural Skin Care Products Market Characteristics
3. Natural Skin Care Products Market Trends And Strategies
4. Natural Skin Care Products Market – Macro Economic Scenario
5. Global Natural Skin Care Products Market Size and Growth
…..
31. Global Natural Skin Care Products Market Competitive Benchmarking
32. Global Natural Skin Care Products Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Natural Skin Care Products Market
34. Natural Skin Care Products Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Natural Skin Care Products Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Natural Skin Care Products Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Natural Skin Care Products Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 75: The Procter & Gamble Company Financial Performance
Table 76: The Estée Lauder Companies Inc. Financial Performance
Table 77: Mamaearth International Pvt. Ltd. Financial Performance
Table 78: Unilever PLC Financial Performance
Table 79: The Clorox Company Financial Performance
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