Increasing awareness among consumers regarding the harmful effects of chemicals and benefits of natural or organic cosmetics is flourishing the demand for natural personal care products. In addition, the availability of green raw materials has encouraged large cosmetic firms to develop natural and organic cosmetic lines. Thereon, many big cosmetic companies have introduced natural & organic cosmetic lines.
Global organic cosmetic products market is segmented by product type and distribution channel.
By product type, the market is segmented into facial care, hair care, make-up, and body care. Facial care segment is expected to grow at the fastest CAGR backed by increasing consumer concern toward beauty and harmful effects of pollution over the skin. In addition, several organic cosmetic brands are focusing more on facial products due to consumers’ obsession with clear skin.
Based on the distribution channel, the market is segmented into a retail sale and online sale. The retail sale is expected to be the leading revenue generating segment during the forecast period, 2019–2026 due to the easy availability of the product. In addition, consumer trust mainstream retailers more for new launches. Hence, the target audience on a larger scale.
Geographically, the global organic cosmetic products market is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA).
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North America is projected to lead the global organic cosmetic products market as a result of increasing demand for luxury personal care products and rising number of millennials opting for natural labels and being more aware of ingredients in the products.
Europe is the second largest market globally. This can be attributed to the increasing effects of pollution, which drive consumers towards safeguarding their skin with chemical free products. Consumers are inclined towards organic formulas, which is encouraging high performance organic cosmetic products.
Asia Pacific is expected to witness significant growth during the forecast period. Asia is one of the largest markets for high-end cosmetics products. Moreover, the availability of all the major brands online and offline have made it easier for the brands to penetrate in the region.
MEA is exhibiting healthy growth in the market due to growth in digital availability of products, which made it easier for brands to penetrate the Middle East market. In addition, rising awareness and increasing purchasing power have also favored the growth of organic cosmetic products in the region.
Some of the key players in the market are Arbonne International, LLC, Yves Rocher, Amway, Oriflame, L’Oréal, Colorado Quality Products, Procter & Gamble, The Estee Lauder Companies Inc., and Kao Corporation.
Organic Cosmetic Products Market Segmentation
By Product Type
By Distribution Channel