Natural Skin Care Products Market Projected to Secure US$ 13.4 Billion by 2032

Natural Skin Care Products Market

The globalnatural skin care products market is anticipated to achieve a market value of US$ 13.4 billion throughout the forecast period, with an estimated market growth rate of approximately 6.5% from 2022 to 2032. The primary driving force behind this growth is the growing awareness of the detrimental effects of chemical-based skincare products on the skin.

The appeal of cosmetics free from harmful ingredients, offering various health benefits, is gaining traction, especially among millennials. As a result, the demand for natural skincare products is expected to surge, further amplified by celebrity endorsements. Prominent figures such as Jessica Alba and Hailey Bieber champion the use of these skincare products, likely catalyzing substantial growth within the industry.

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Competitive Landscape:

Key players of the global natural skin care products market adopt various strategies to augment the market size. Some of the most common strategies are partnerships, acquisitions, collaborations. The players are also making a significant contribution to innovating their products to enhance their global reach in the competition. Some of the recent developments among the key players are:

  • In November 2021, Victoria’s Secret, a globally renowned name for offering women luxe inner wears, launched its first e-beauty commerce store in India
  • In January 2022, The Body Shop launched its sustainable Body Butter. The new Body Butter is registered by The Vegan Society. It is made with 95% ingredients of natural origin.
  • In January 2022, Procter & Gamble announced that it will buy Tula Skincare. It is the third acquisition in the span of 3 three months. The terms were not disclosed.

Key Players of the Market:

  • Mama Earth
  • The Estée Lauder Companies Inc.
  • Honest Co.
  • The Body Shop
  • The Clorox Company
  • FOM London Skincare
  • Bloomtown
  • L’Oréal
  • Procter & Gamble
  • Unilever

Natural Skin Care Products Market Drivers:

  1. Increasing Consumer Awareness and Demand for Natural Products: Consumers are becoming more conscious about the ingredients used in their skincare products. They are seeking natural alternatives to conventional products that contain potentially harmful chemicals. Natural skin care products, made from plant-based ingredients and free from synthetic additives, appeal to health-conscious consumers who prioritize organic and sustainable options.
  2. Growing Preference for Chemical-Free and Non-Toxic Products: There is a rising concern regarding the potential health risks associated with the long-term use of chemicals and synthetic ingredients in skincare products. Natural skin care products offer a safer alternative as they are formulated without harmful chemicals, artificial fragrances, parabens, sulfates, and other potentially harmful substances.
  3. Shift towards Sustainable and Ethical Consumer Choices: Sustainability and ethical practices have become important considerations for consumers. Natural skin care products often incorporate sustainable sourcing, organic farming practices, cruelty-free testing, and environmentally friendly packaging. Consumers are more likely to choose products that align with their values and support companies committed to sustainability and ethical practices.
  4. Growing Beauty and Wellness Industry: The beauty and wellness industry has experienced significant growth, driven by factors such as rising disposable incomes, changing lifestyles, and increased focus on self-care. Within this industry, there has been a noticeable shift towards natural and organic skincare products, driven by consumer demand for healthier and more holistic approaches to skincare.
  5. Influence of Social Media and Online Platforms: Social media platforms and online influencers play a significant role in driving trends and consumer choices.

· By Type

  • Premium
  • Mass

·  By Product

  • Natural Facial Care Products
    • Moisturizers
    • Cleansers
    • Others
  • Natural Body Care Products
    • Body Wash
    • Body Lotions
    • Others

·  By End Use

  • Natural Skin Care Products for Men
  • Natural Skin Care Products for Women

·  By Distribution Channel

  • Pharmacy & Drugstores
  • Direct Selling
  • E-commerce
  • Hypermarkets & Retail Chain
  • Other Distribution Channels

· By Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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How will be insights and market estimations provided in the Fact.MR report on the Demand of Natural Skin Care Products make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Natural Skin Care Products  Market

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