The Natural Cosmetics Market is being driven by Growing consumer demand for chemical-free and environment-friendly natural cosmetics products
The Natural Cosmetics Market is expected to grow at a CAGR of 32.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 68987.8 million. The global natural cosmetics market is witnessing a significant shift towards plant-based and vegan products, including personal care, skincare, and hair care items. Manufacturers are increasingly utilizing organic plant extracts as key ingredients in these offerings, ensuring they are free from chemical pesticides, herbicides, and fertilizers. This trend is driven by consumer demand for ethical and sustainable beauty solutions. However, it is essential to note that some traditional cosmetics, such as lipsticks and soaps, may contain animal derivatives like tallow or cochineal beetles. To meet consumer expectations, natural cosmetics manufacturers prioritize transparent labeling, clearly indicating the percentage of organic farming-derived ingredients in their products.
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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 |
199 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 32.6% |
Market growth 2025-2029 |
USD 68987.8 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
24.2 |
Key countries |
China, Japan, South Korea, India, US, China, Japan, South Korea, India, US, Australia, Germany, Canada, UK, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Natural Cosmetics Market encompasses products made from natural ingredients, including plants, minerals, and naturally occurring substances. These formulations prioritize the use of natural ingredients to minimize potential side effects and address environmental concerns. However, preservatives and additives, often synthetic chemicals, are necessary for durability against spoilage and microbial contamination. Balancing natural ingredients with these necessities can impact mass-market appeal and expenditures. E-commerce platforms expand the reach of Natural Cosmetics Market to a global audience, enabling customization for individual consumer preferences.
The global personal care products market encompasses the production and R&D sector for a wide 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. Key growth drivers include rising disposable income, leading to increased spending on non-essential items such as natural cosmetics made from natural ingredients, plants, minerals, and naturally occurring substances. However, potential side effects and environmental concerns may limit market expansion, while the use of synthetic chemicals and preservatives remains a contentious issue.. 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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