Global Organic Skin Care Market Overview:
While the personal care product segment remains the most prominent in the beauty industry, demand for natural and organic skincare products is rising at a faster pace than the overall Personal Care market. Skin care drugs are herbal preparations that are meant to be applied to the human body's different external sections and provide effective topical actions as well as offer protection against degenerative skin conditions. Consumer demands, which are increasingly obsessed with purchasing environmentally sustainable goods, have emphasised the use of plant extracts in skin care products. Natural skin care ingredients enhanced skin tone, texture, and appearance by supplying essential nutrients. Herbal skincare and cosmetics have grown in popularity, with claims of effectiveness and inherent acceptability based on everyday use and the absence of side effects typically associated with synthetic ingredients.
Growth Drivers
- Growth in Cosmetic and Fashion Industry
- Rising Skin Care Awareness Among Men
- Increasing Disposable Income Among Females
Market Trends
- Growing Fashion Awareness Among Females
- Increasing Demand for Herbal and Organic Products
Roadblocks
- Side Effects and Allergic Reactions
Opportunities
- Low Penetration in Emerging Regions Particularly Asia
Challenges
- Rise in Price Level due to Tariffs & Taxes
- Presence of Counterfeit Products
- Lack of Appropriate Regulations
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Hain Celestial Group (Avalon Natural Products Inc.) (United States), L'Oréal SA (France), Johnson & Johnson (United States), Natura Cosméticos S.A. (Brazil), Burt's Bees, Inc. (United States), Unilever (United Kingdom), The Body Shop (United Kingdom), Estee Lauder (United States), Yves Rocher (France) and Amway (United States). Additionally, following companies can also be profiled that are part of our coverage like Lotus Herbals (India), The Hain Celestial Group (United States), Kiehl’s (United States), Beiersdorf (Germany), Aveda Corp. (United States) and Korres Natural Products Company (Greece). Considering Market by Distribution Channel, the sub-segment i.e. Offline (Hypermarkets, Supermarkets, Multi-Brand Stores, Specialty Retail Stores, Independent Retailers, Exclusive/Franchise Stores) will boost the Organic Skin Care market. Considering Market by Skin, the sub-segment i.e. Normal will boost the Organic Skin Care market.
Latest Market Insights:
On 2nd June, 2020 - Beiersdorf Acquired Stop the Water While Using Me! (Natural Cosmetic Brand), this Acquisition is Aimed to Enhance Beiersdorf’s Capabilities Across Natural Skin Care Products to Promote Sustainability. and On 31st August, 2020 - Lotus Herbals Announced its Acquisition of SoulTree (Organic Skin-Care and Make-Up Company), Lotus Has Entered Quality Ayurvedic Lifestyle Space with A Brand That Aligns with Western Customers and Has Multinational Organic Certifications.
On 19th December, 2019 - Lotus Herbals Launches Skincare Brand “Lotus Organics +” The Divine Care Collection and The Precious Brightening Range, All of Which Include A Variety of Brands, Are Part of The New Brand Range. and On 18th November, 2020 - Beiersdorf Launched Its New New Face Care Brand “CHAUL” For the South Korean Region. The Product Line Was Created Specifically for The Asian Market and Is Made from Fermented Tea.
What Can be Explored with the Organic Skin Care Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Organic Skin Care Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Organic Skin Care
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Organic Skin Care market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Organic Skin Care market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Organic Skin Care Products Manufactures, New Entrants and Investors, Organic Skin Care Products Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.