Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.64 Billion | USD 17.18 Billion | 9.42% | 2023 |
Zion Market Research has published a report on the global Organic Skin Care Market, estimating its value at USD 7.64 Billion in 2023, with projections indicating that it will reach USD 17.18 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 9.42% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Organic Skin Care industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Organic skin care products are made of organically grown ingredients which are free from pesticides. Organic products are very beneficial for the skin as it has low or no chemical ingredients which is beneficial in long run. Organic skincare products are made of ingredients like organic essential oil, organic vegetable oil, vitamins, and essential fatty acids. Organic skincare products are environment friendly. These products moisturize, nourish, and takes care of the skin gently.
The outbreak of COVID-19 resulted in the disruption in supply chain globally. Lockdown and complete shutdown for physical stores in many countries are the main reasons for the decline in market. The positive side of this pandemic is consumer preferences have shifted to the products having organic qualities. Key players can further boost the sales in this pandemic through online platforms, it will not offset the combined sales of physical stores but will at least help in growing revenue in the current situation.
Increase in the awareness of organic skincare products through social media over blogs, social media accounts have shifted consumer preferences towards organic products. E-commerce is one of the major factor in driving the growth of this sector as it gives user the option to window shop products through a smartphone or a laptop. Online shopping provides better options for buyers as compared to shopping physically at a mall or retail store.
Increase in the spending on luxurious products is also driving the growth. Rise in disposable income, expansion of distribution channels, easy availability is also the reason for the increase in the global organic product market.
Facial care segment held a share of over 65% in 2022. Facial care market is further segmented into moisturizers, cleansers, oil, serums, toner, and other products. Facial care market contributes a significant number to the revenue. Above all people tries to improve attributes like color, shape, and other things related to face rather than body. Body care segment is also starting to grow significantly as the awareness about the products has been increased through blogs, influencers, and social media accounts.
E-commerce segment is projected to grow at a CAGR of around 8% from 2024 to 2032. In recent years E-commerce has played a vital role in the growth owing to the increase in users for smartphones and internet. Influencer marketing, awareness through blogs, teaching customers about the benefit of using these products through online marketing and social media marketing has helped boosting the growth. Supermarkets/Hypermarkets, convenience stores, specialist stores, and other distribution channels form the distribution channel segment.
The study provides a decisive view of the organic skin care market by segmenting the market based on by type, by distribution channel and by Region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By type analysis includes facial care and body care.
On the basis of distribution channel analysis includes supermarkets/hypermarkets, convenience stores, specialist stores, online retail stores and other distribution channels.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Organic Skin Care Market |
Market Size in 2023 | USD 7.64 Billion |
Market Forecast in 2032 | USD 17.18 Billion |
Growth Rate | CAGR of 9.42% |
Number of Pages | 167 |
Key Companies Covered | L'Occitane en Provence, The Hain Celestial Group, Johnson & Johnson, Botanic Organic LLC, Eminence Organic Skin Care, L’Oréal, Natura Cosméticos, The Body Shop, Yves Rocher Amway, Estee Lauder, among others. |
Segments Covered | By Type, By Distribution Channel And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounted for a share of over 32% in 2022. New product development in sync with the increase in consumption of organic skin care products are boosting the growth in the region. Increase in market players for the products have created a competitive market which led to the popularity and demand for the products.
Asia Pacific is projected to grow at a CAGR of over 9.42% during the forecast period. Rising awareness about the health issues, demand for paraben free products, chemical free products, products which don’t affect the skin texture is estimated to grow the Market for organic Skin Care Products substantially.
Some of key players in organic skin care market are
For instance, in 2018 October, L’Oreal launched new organic beauty brand, La Provencale Bio and acquired Logocos Naturkosmetik AG (GR).
By Type
By Distribution Channel
By Region
FrequentlyAsked Questions
The global organic skin care market was valued at USD 7.64 Billion in 2023.
The global organic skin care market is expected to reach USD 17.18 Billion by 2032, growing at a CAGR of 9.42% between 2024 to 2032.
Some of the key factors driving the global organic skin care market growth are awareness about the benefits of organic products, increasing social media marketing, increase in disposable income.
North America region held a substantial share of the organic skin care market in 2023. Asia Pacific region is projected to grow at a significant rate owing to the rising demand for organic products owing to awareness through influencer, blogs and social media accounts.
Some of key players in organic skin care market are L'Occitane en Provence, The Hain Celestial Group, Johnson & Johnson, Botanic Organic, LLC, Eminence Organic Skin Care, L’Oréal, Natura Cosméticos, The Body Shop, Yves Rocher Amway, and Estee Lauder, among others.
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