14th November 2019 – Global Organic
Skin Care Market is estimated to reach USD 12.58 billion by 2022 owing
to the growing demand for organic cosmetics worldwide. Organic skin care
products are made from plant-derived and naturally occurring ingredients, which
are cultivated with no pesticides, synthetic fertilizers, herbicides,
genetically modified fertilizers (GMO), etc. under organic certification.
Organic skin care products offer
benefits like reduced risk of skin irritation and allergies due to zero percent
chemicals inclusion. The environment-friendly products contain organic
essential oils, vegetable oils, essential fatty acids, and vitamins. They come
with various labels that display the quantity of organic ingredients used in
them. Consumer inclination towards organic skin care products contributes to a
positive CAGR in the forecast period.
The major factors driving organic skin
care industry is inclusive of rise in consumer awareness about organic
products, increase in disposable income, growing e-commerce industry and
expansion of distribution channels. Men and women prefer cosmetics and personal
care across the globe. Extreme climate conditions have surged the adoption of
skin care products like sunscreen, moisturizing creams and lotions.
Additionally, the growing trend for using sun care and skin care products by
men have increased the demand for sun and skin care category.
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From among all the categories, hair care
segment offers the most lucrative offers for both men and women. Owing to the
increased number of working women, the sale of color cosmetics is also
considerably increasing over the years. The growing skin health awareness among
consumers is expected to eventually contribute to the growth of organic skin
care market.
The rise in informed consumer ultimately
accelerates the growth of organic skin care products. The key reason behind the
growth of informed consumers is the exposure to reliable information and rising
awareness of products and services via television, internet, and other sources
of information. This trend is prevalent even in emerging nations like China and
India. The top organic skin care industry players are adopting different
strategies to sustain market positions.
The primary strategy adopted by the
players is expansion followed by acquisition. The significant costs associated
with organic skin care products and short shelf life are the restraining
factors for the growth of the market. Progress in organic skin care products
and improved standards of living are predicted to introduce new market
opportunities. However, the prevalence of advanced beauty treatments and skin
problems concerning organic cosmetics are projected to challenge the organic
skin care market growth in future.
The market is categorized on the basis
of type, gender, point of sale and geography. On the basis of type, the market
is divided into facial care, make-up, hair care, and body care. Facial care
segment is expected to be on rise in future as well owing to the growing skin
conditions. Based on gender, organic skin care industry is divided into men and
women. In terms of point of sale, the market is classified into exclusive
retail stores, supermarkets & hypermarkets, online channels, beauty parlors
& salons, and multi branded retail outlets.
Geographically, organic skin care market
is segmented as North America, Latin America, Europe, Asia Pacific, and Middle
East & Africa. Asia Pacific is predicted to dominate the market owing to
the increase in demand for clean label products, rising consumer awareness
about skin health, rising middle class income, improved standard of living in
developing regions.
The prominent players in organic skin
care industry comprise L'Oreal, Procter and Gamble, Avon Products Inc., The
Estee Lauder Companies Inc., The Body Shop International PLC., Jergens, Johnson
& Johnson, Kao Corporation, and Private Label.
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