August 10, 2022
As per the research report titled ‘Global Natural and Organic Cosmetics Market - Analysis By Product Category, Distribution Channel, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, global natural and organic cosmetics market, which was valued at USD 29.92 billion in 2021, is anticipated to witness a impressive growth rate through 2028.
Reliable citations reveal that rising disposable income levels, changes in daily routine, hectic schedules, untimely eating habits, sleep deprivation, and concerns regarding the well-being of one’s body are the major factors propelling global natural and organic cosmetics market expansion.
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Furthermore, increasing inclination of millennials toward natural and organic products that is imperative to the changes in their buying behavior is unearthing new possibilities for market remuneration in the forthcoming years.
Besides, the advent of the COVID-19 pandemic has resulted in a shift in the purchasing patterns of consumers who started relying on hygienic and functional personal skincare products. Reportedly this development will aid in widening the scope of revenue generation for the industry during the analysis timeframe.
In addition, the proliferation of internationally recognized standardizations for natural beauty products may have a positive impact on the growth dynamics of the marketplace over the forecast duration.
Considering segmentation, worldwide natural and organic cosmetics marketplace is bifurcated on the basis of product category, and distribution channel.
In terms of distribution channels, the online segment has witnessed a significant expansion over the past few years and is anticipated to generate considerable profits during 2022-2027, owing to a growing trend of online shopping among consumers.
From a regional frame of reference, North America, Europe, and Asia Pacific are the key geographies that contribute significantly to the revenue margins of the industry.
Speaking of competitive landscape, key players such as Bare Essentials, Burt’s Bees, Natura & Co. Holdings S.A., The Estee Lauder Companies Inc., L'Occitane en Provence, L'Oreal S.A., Tata Harper Skincare, Weleda AG, and Arbonne International LLC are studied in detail in global natural and organic cosmetics industry report.