Overview and Scope
The natural skincare products are used as cosmetic products on human skin and considered safer as compared to synthetic skin care products. Natural skincare products consist of botanical ingredients and are free of synthetic fragrances, dyes, sulfates, and petrochemical ingredients such as phthalates, parabens, petrolatum, and others, unlike regular skincare products.
Sizing and Forecast
The natural skin care products market size has grown strongly in recent years. It will grow from <b>$19.36 billion in 2023 to $21.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. </b> The growth in the historic period can be attributed to consumer health awareness, natural ingredient efficacy, ingredient transparency, rising skin health concerns, social media influence.
The natural skin care products market size is expected to see rapid growth in the next few years. It will grow to <b>$31.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. </b> The growth in the forecast period can be attributed to climate-resilient ingredients, customization and personalization, ethical and sustainable sourcing, wellness and self-care, ingredient transparency. Major trends in the forecast period include green beauty certification, cbd-infused skincare, anti-pollution skincare, digital beauty advisors, biotechnology and natural actives.
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Segmentation & Regional Insights
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
<b>Western Europe</b> was the largest region in the natural skin care products market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the natural skin care products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the natural skin care products market include <b> The Procter & Gamble Company, The Estée Lauder Companies Inc., Mamaearth International Pvt. Ltd., Unilever PLC, The Clorox Company, Cosmetic Solutions Innovation Labs LLC, TY Cosmetic Co. Ltd., Vitelle Labs LP, InSpec Solutions LLC, BeBeauty Products & Private Label, AMR Labs, Health and Natural Beauty USA Corp, Nutrix International LLC, Skinlys, Bionat, Biddiscombe International, KBL Cosmetics, Botanic Beauty Labs, Dreamline Brands Inc., NutraSkin USA, Radical Cosmetics, SLC Custom Packaging, Spa De Soleil Inc., Sunfood Nutraceuticals, Tropical Products Inc. </b>
The natural skin care products market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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