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. Online distribution channels, encompassing pure-play e-retailers, company portals, and third-party marketplaces, have significantly expanded the reach of herbal cosmetics brands and products in the global market. Consumers benefit from the convenience of comparing and evaluating various offerings through these platforms, which has fueled the surge in online retail sales. The proliferation of smartphones and the increasing number of online shopping portals have enabled companies to effectively penetrate international markets, making online distribution a crucial sales channel for the herbal cosmetics industry.
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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 |
market_structure.ucfirst |
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, Face Masks, Essential Oils, and more. This market caters to diverse skin types such as Sensitive, Dry, Oily, and Acne-prone, offering solutions for Skin Brightening, Hair Growth, and Hair Loss Prevention. Sustainability is key, with Sustainable Beauty, Vegan Cosmetics, and Ethical Sourcing. Bioactive Compounds undergo Clinical Trials and Dermatological Testing for transparency. Packaging Sustainability, Subscription Boxes, Influencer Marketing, and Social Media Marketing are popular trends. Clean Beauty and Green Beauty emphasize natural, eco-friendly practices. Holistic Wellness, Premium and Luxury Cosmetics complete the spectrum. Smart Beauty Devices, Skin Analysis, and Skin Mapping offer personalized solutions. AI-Powered Skincare and Fair Trade are ethical considerations. Organic Farming and Biodynamic Farming ensure the highest quality of ingredients.
The global personal care products market encompasses the production and research and development of various 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 driving growth in this sector include rising disposable income, leading to increased expenditure on luxury and lifestyle-related products, and a growing preference for herbal extracts, botanical ingredients, natural cosmetics, organic cosmetics, and Ayurvedic cosmetics. These trends reflect consumer demand for healthier and more sustainable personal care solutions.. 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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