The Herbal Cosmetics Market is being driven by Consumer awareness about harmful effects of synthetic chemicals
The Herbal Cosmetics Market is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 41.1 billion. The global herbal cosmetics market is experiencing substantial growth, with online distribution channels playing a pivotal role in its expansion. Third-party marketplaces provide consumers with a vast array of brands and products, enabling them to compare, collect information, and offer feedback. This transparency and convenience have been major catalysts for the increasing popularity of online retail sales. Online distribution channels, consisting of pure-play e-retailers, company portals, and other retailers, have proliferated due to the widespread use of smartphones and the convenience they offer. These platforms provide companies with a vast customer base, thereby expanding their reach and sales in the herbal cosmetics market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
210 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.1% |
Market growth 2025-2029 |
USD 41.1 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
6.5 |
Key countries |
US, China, Japan, India, Canada, South Korea, Germany, UK, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Herbal Cosmetics Market encompasses various segments including Herbal Extracts and Botanical Ingredients, Natural and Organic Cosmetics, Ayurvedic Cosmetics, Body Care products like Face Masks, Essential Oils, and more. Sustainability is key with Sustainable Beauty, Vegan Cosmetics, Skin Brightening, Acne Treatment, Hair Growth, and Hair Loss Prevention catering to diverse skin types - Sensitive, Dry, Oily, and Sun-damaged. Bioactive Compounds undergo Clinical Trials and Dermatological Testing for transparency. Packaging Sustainability, Subscription Boxes, Influencer Marketing, and Social Media Marketing drive sales. Clean Beauty and Green Beauty emphasize Ethical Sourcing, Fair Trade, Organic Farming, and Biodynamic Farming. Personalized Skincare, AI-Powered Skincare, Smart Beauty Devices, Skin Analysis, and Skin Mapping cater to individual needs. Holistic Wellness, Premium, and Luxury Cosmetics complete the spectrum.
The global personal care products market encompasses the production and R&D sectors for a range of items, including cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. According to Technavio, market size is determined by the consolidated revenue generated by manufacturers. Factors fueling market expansion include rising disposable income, which correlates positively with discretionary spending on luxury and lifestyle products, such as herbal extracts, botanical ingredients, natural cosmetics, organic cosmetics, and Ayurvedic cosmetics.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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