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 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, sourced from plants that have not been exposed to synthetic pesticides, herbicides, or fertilizers. This trend is reflected in the growing demand for detailed labeling, indicating a high percentage of organic farming derivatives in these products. Traditional cosmetics, such as lipsticks and soaps, often contain animal derivatives like tallow or cochineal beetles. However, the natural cosmetics sector is responding to consumer preferences by offering plant-based alternatives.
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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 |
fragmentation |
YoY growth 2024-2025(%) |
24.2 |
Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Egypt, Oman, Argentina, KSA, UAE, Brazil, China, Japan, South Korea, India, and US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Natural Cosmetics Market encompasses various segments, including Herbal Remedies, Ayurvedic Cosmetics, Traditional Chinese Medicine, and Homeopathic Cosmetics. Brands undergo Dermatological Testing and Clinical Trials for safety and efficacy. Transparency in Ingredients, Organic and Vegan Certifications, Cruelty-Free and Sustainable Certifications are essential. Natural Beauty Blogs, Magazines, Social Media Influencers, Beauty Communities, Subscription Boxes, Events, and Workshops fuel the Green and Sustainable Beauty Movements. Education, Awareness, Advocacy, Investment, Innovation, Packaging, Manufacturing, Distribution, Marketing, Advertising, and Branding are key aspects of the industry.
The global personal care products market encompasses the production and R&D of various categories, including cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. This market's size is determined by the consolidated revenue generated by manufacturers. Factors driving growth include rising disposable income, leading to increased spending on luxury and lifestyle items, and the consumer preference for natural and organic products, such as those containing botanical extracts, essential oils, plant-based formulas, natural preservatives, and sustainable packaging. Additionally, there is a growing demand for cruelty-free and vegan cosmetics, further fueling market expansion.. 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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