Latest News- Clean Beauty Market: Skincare is expected to lead the Product segment during 2025-2029

The Clean Beauty Market is being driven by Increase in disposable income

The Clean Beauty Market is expected to grow at a CAGR of 13.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7654.5 million. The global clean beauty market is experiencing a notable trend towards the development and launch of multi-functional beauty products. Consummers are increasingly seeking high-performance solutions that offer multiple benefits in a single product, streamlining their beauty routines for greater efficiency. One recent example of this trend is the introduction of Ilia Beauty's C Beyond Trip Serum SPF 40, which was launched on September 30, 2022. This innovative product offers the benefits of a Vitamin C serum, mineral SPF, Niacinamide, and hydrating oils in a single application. This combination caters to the growing demand for effective, eco-conscious, and time-saving beauty solutions within the clean beauty market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Skincare
  • Haircare
  • Face care
  • Body care
  • Color cosmetics
• End-user
  • Women
  • Men
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in disposable income
• Growing consumer awareness
• Growth of e-commerce

However, the market also witnesses some limitations, which are as follows:

• Consumer trust issues and greenwashing
• Concerns for vendors over product recalls
• High costs of clean beauty products

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Market Scope in Clean Beauty Market Research Report

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Research Analysis Overview

The Clean Beauty Market is thriving with celebrities endorsing non-toxic travel essentials for their transparent routines. Certified clean and science-backed products, free from additives, are gaining popularity among consumers. Traditional beauty meets innovation with sustainable, ethical, and plant-based solutions. Specialty stores offer gift sets, education, and subscription boxes. Sensitive skin, men, and kids also have access to clean and cruelty-free options. Myths about clean beauty are debunked by influencers and startups, while retailers focus on certification and innovation for all skin types, including oily, dry, and women's skin. The movement towards clean cosmetics and skincare prioritizes ethical production, fair wages for women, and sustainable manufacturing.

Market Research Overview

The clean beauty market, a segment of the global personal care products industry, is experiencing significant growth due to increasing consumer awareness and demand for non-toxic, sustainable skincare and clean color cosmetics. This market encompasses eco-friendly beauty products with non-toxic ingredients, collectively referred to as clean makeup. The global personal care products market size is calculated based on the combined revenue generated by manufacturers producing these items, which also include masks, sex toys, hair wigs and extensions, and polarized sunglasses. Market expansion will be driven by rising disposable income, enabling consumers to allocate funds towards luxury and lifestyle-related purchases, including clean beauty products.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/