Organic Personal Care Market Analysis
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s Organic Personal Care Global Market Report 2023 identifies increase in preference for organic products as the major driver for the organic personal care market’s growth in the forecast period. Organic beauty products primarily consist of certified organic ingredients with various medicinal benefits and no or minimal side effects that meet privacy standards. Consumer demand for organic goods has perhaps had the most measurable impact on the organic personal business to date. Companies are developing new products and reformulating existing offers that largely incorporate organic products to capitalize on the expanding land-to-face movement’s huge growth potential.
The global organic personal care market size grew from $18.85 billion in 2022 to $20.84 billion in 2023, at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The organic personal care market size is expected to grow to $29.33 billion in 2027 at a CAGR of 8.9%.
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Major competitors in the organic personal care market are Aveda Corporation, Burt’s Bees, The Estée Lauder Companies Inc., Amway Corporation, Bare Escentuals Beauty Inc.
A key trend in the organic personal care market includes product innovation. Major companies operating in the organic personal care sector are focused on investing in new product innovations to establish their strong presence in the market. For instance, in February 2021, Beiersdorf AG, a Germany-based personal-care products company, launched personalized face care with the launch of the new brand O.W.N. The launch of O.W.N. strengthens companies’ focus on organic, personalized skincare innovations, based on individual needs and scientific findings. O.W.N uses artificial intelligence and is built around a proprietary algorithm that brings together Beiersdorf’s profound 140 years of skincare expertise and consumer knowledge.
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The organic personal care market is segmented –
1) By Product: Skin Care, Hair Care, Oral Care, Nail Care, Fragrances, Other Products
2) By Consumer: Men, Women
3) By Distribution Channel: Hypermarket or Supermarkets, Specialist Retail Stores, Online Retail Stores, Other Distribution Channles
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the organic personal care market.
The Business Research Company’s “Global Organic Personal Care Market Report 2023” provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Organic Personal Care Market Include:
1. Executive Summary
2. Organic Personal Care Market Characteristics
3. Organic Personal Care Market Trends And Strategies
4. Organic Personal Care – Macro Economic Scenario
5. Organic Personal Care Market Size And Growth
………
26. Africa Organic Personal Care Market
27. Organic Personal Care Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Organic Personal Care Market
29. Organic Personal Care Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
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