Global Herbal Cosmetics Market Overview:
Herbal cosmetics are made from natural, plant-based ingredients and are generally referred as natural cosmetics. These products are formulated using plant extracts, essential oils, and other natural ingredients such as herbs, flowers, fruits, and vegetables. Herbal cosmetics are gaining popularity due to their natural and organic ingredients. Herbal cosmetics comprise a wide range of products such as skincare products such as creams, lotions, and face masks, hair care products such as shampoos, conditioners, and hair oils, and makeup products such as lipsticks, eye shadows, and foundations. These products are free from harsh chemicals such as parabens, sulfates, and synthetic fragrances, making them suitable for sensitive skin types.
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Increasing Influencer Marketing in Support of Natural Cosmetics
Market Growth Drivers:
Rising preference for natural products over chemicals for personal care, Growing awareness of cruelty-free cosmetics among the young population and Growing Disposable Income of the Population
Risks of Adverse Drugs and Allergic Reactions
Disruptions in the Raw Materials Supply
Increasing Demand for Natural Products with Herbal Ingredients
Herbal cosmetics manufacturers and players majorly focus on using natural ingredients derived from plants and herbs. Herbal cosmetics players are also focusing on promoting their products as free from harmful chemicals, preservatives, and synthetic fragrances, appealing to consumers who prefer natural and organic beauty products. The companies are also adopting strategic activities such as collaboration, mergers, and acquisitions to enhance their market presence.
Some of the key players profiled in the report are Kama Ayurveda (India), Biotique (India), L'Occitane en Provence (France), Origins Natural Resources, Inc (United States), Aveda Corporation (United States), Arbonne International LLC (Switzerland), Marc Anthony Cosmetics Inc. (Canada), Weleda AG (Switzerland), Lotus Herbals Limited (India), The Himalaya Drug Company (India) and Shahnaz Ayurveda Pvt. Ltd (India). Analyst at AMA Research see Asia Pacific Vendors to retain maximum share of Global Herbal Cosmetics market by 2028. Considering Market by Skin Type, the sub-segment i.e. Dry Skin will boost the Herbal Cosmetics market. Considering Market by Type, the sub-segment i.e. Face will boost the Herbal Cosmetics market. Considering Market by Form, the sub-segment i.e. Stick will boost the Herbal Cosmetics market. Considering Market by Sales Channel, the sub-segment i.e. Online (Company Website, E-Commerce Sites) will boost the Herbal Cosmetics market. Considering Market by End-Use, the sub-segment i.e. Male will boost the Herbal Cosmetics market.
Latest Market Insights:
In March 2022, L’Occitane acquired Grown Alchemist, an Australian skincare brand to expand its clean beauty market. Through this acquisition, the company aims to appeal to more health-conscious, influential millennial and Gen Z customers which further broadens its international consumer profile and market reach.
In September 2021, L'OCCITANE en Provence launched MyL'Occitane, a social selling platform. Through this, the company aims to provide extraordinary opportunities for the next generation of eco-conscious beauty lovers to create a positive impact around them and empower their eco-conscious community.
What Can be Explored with the Herbal Cosmetics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Herbal Cosmetics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Herbal Cosmetics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Herbal Cosmetics 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 Herbal Cosmetics 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 Herbal Cosmetics Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries.
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.