The Natural Skin Care Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company's Global Market Report for Natural Skin Care Products in 2024, the natural skincare industry has exhibited robust growth in recent years, with an anticipated expansion from $19.36 billion in 2024 to $21.23 billion by the same year, boasting a noteworthy Compound Annual Growth Rate (CAGR) of 9.7%. This surge during the historical period is accredited to heightened consumer health consciousness, the efficacy of natural ingredients, transparent ingredient listings, escalating skin health apprehensions, and the pervasive impact of social media.
Forecasts predict a rapid ascent in the natural skincare products market, projecting a valuation of $31.94 billion by 2028, boasting a remarkable CAGR of 10.8%. This anticipated growth is underpinned by the adoption of climate-resilient ingredients, a surge in customization and personalization, ethical and sustainable sourcing practices, an increasing focus on wellness and self-care, and an emphasis on ingredient transparency. Key trends in this forecasted period encompass the advent of green beauty certifications, the integration of CBD-infused skincare solutions, the emergence of anti-pollution skincare regimes, the integration of digital beauty advisors, and the increasing utilization of biotechnology and natural actives.
The increasing awareness about the benefits of natural products is expected to propel the growth of the natural skincare products market. Natural skin care products market are gaining popularity due to their several health and therapeutic benefits on the human skin. These natural skincare products contain Vitamin C, Vitamin D, Vitamin E, Resveratrol, alpha-hydroxyl acid, and other natural compounds derived from plant sources, which help the body to function at optimal levels and make them easy to use. Moreover, these products are easier on the skin as they do not contain chemical compounds and synthetic ingredients such as artificial fragrance, dyes, parabens, sulfates, phthalates, and other petrochemical substances present in, unlike regular skincare products which are harsh on the skin. Additionally, the shifting in choice of preference of the public from regular skin care products to natural skin care products due to the rise in concern for animals harmed during the manufacturing process of regular skin products has led to increased utilization of natural skin care products. For instance, according to the survey conducted by Nielsen in 2021, more than 73% of respondents intended to purchase only products with minimal environmental impact and 43% of respondents are willing to purchase only all-organic or natural products. Therefore, increasing awareness about natural products is expected to boost demand for natural skin care products during the forecast period.
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The natural skin care products market covered in this report is segmented –
1) By Product: Facial Care, Body Care
2) By Type: Mass, Premium
3) By Distribution Channel: Direct Selling, Other Distribution Channels
4) By End Use: Men, Women, Children
An influential trend gaining momentum within the natural skincare products market revolves around the growing reliance on e-commerce for product distribution and exclusivity maintenance. Prominent cosmetic brands are transitioning from chemical-laden and synthetic skincare offerings to those derived from natural sources. While these brands traditionally retailed through brick-and-mortar and offline stores, there is a discernible shift towards expanding their online presence. The onset of the pandemic and the ensuing social distancing protocols prompted the closure of physical stores, compelling organizations to pivot towards e-commerce platforms for product sales. This shift proved immensely successful, with certain brands exclusively retailing their products online. Notably, in 2021, Dr. Botanicals, a U.S.-based natural skincare brand, strategically launched their product line on Walgreen's website. This initiative was executed through a comprehensive marketing campaign employing paid online advertising, influencer collaborations, media relations, and robust social media engagement. This strategic move underscores the industry's responsiveness to changing consumer behavior and the growing significance of e-commerce as a vital distribution channel, offering unparalleled accessibility, broader reach, and personalized options.
The natural skin care products market report table of contents includes:
1. Executive Summary
2. Natural Skin Care Products Market Characteristics
3. Natural Skin Care Products Market Trends And Strategies
4. Natural Skin Care Products Market - Macro Economic Scenario
5. Global Natural Skin Care Products Market Size and Growth
.....
31. Global Natural Skin Care Products Market Competitive Benchmarking
32. Global Natural Skin Care Products Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Natural Skin Care Products Market
34. Natural Skin Care Products Market Future Outlook and Potential Analysis
35. Appendix
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