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Natural Cosmetics Industry Outlook 2024: Sustainable Beauty Trends| By Business Research Company
Natural Cosmetics
The Business Research Company presents an extensive market research report on the Natural Cosmetics Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The natural cosmetics market size has grown strongly in recent years. It will grow from $39.34 billion in 2023 to $41.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to shift in consumer preferences, rise of e-commerce, celebrity endorsements and influencer marketing, increased allergies and sensitivities, advancements in green chemistry..
The natural cosmetics market size is expected to see steady growth in the next few years. It will grow to $50.48 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to global expansion of natural cosmetics brands, growing middle-class population, increased emphasis on sustainable practices, influence of clean beauty movement, expansion of beauty and personal care retailers.. Major trends in the forecast period include blockchain for supply chain transparency, waterless beauty formulations, biodegradable and sustainable packaging, ai and technology integration, upcycling and circular beauty..
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Key Market Players:
Major companies operating in the natural cosmetics market report are Tata Group, Johnson and Johnson, LVMH (Moët Hennessy -Louis Vuitton), Procter And Gamble Co., Unilever PLC, L'Oréal SA, Natura and Co Holding SA, Estee Lauder Co. Inc., Chanel S.A., Kao Corporation, Amway Corporation, Shiseido Co. Ltd., The Clorox Co., Coty Inc., Mary Kay Cosmetics, Revlon Inc., Loccitane International SA, Pola Orbis Holdings Inc., Weleda Group, Arbonne International LLC, The Honest Co. Inc., Clarins Group, Korres S.A., Honasa Consumer Pvt. Ltd., Kjaer Weis LLC
Market Drivers:
The increased focus on health and wellness is expected to propel the growth of the natural cosmetics market going forward. Health and wellness is a term that encompasses a holistic approach to maintaining and improving overall well-being, encompassing physical, mental, and social aspects of life. Health and wellness factors influence the usage and appeal of natural cosmetics for avoiding dangerous chemicals, improving skin health, and providing sustenance. For instance, in October 2022, according to reports published by the New York Post., a US-based news publisher, over 70% of Americans will be more health-conscious. and 59% of respondents are committed to resuming physical fitness and activities. Furthermore, in January 2022, according to reports published by Nasdaq Inc., a US-based stock exchange company, in 2021, the gym, health, and fitness club industry achieved a total revenue of $33.25 billion from $32 billion in 2020. Therefore, the increased focus on health and wellness is driving the growth of the low-density polyethylene market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/natural-cosmetics-global-market-report
The natural cosmetics market covered in this report is segmented -
1) By Product Type: Skin And Sun Care, Hair Care, Bath And Shower, Mens Grooming, Colour Cosmetic, Fragrances And Deodorants, Oral Care
2) By Consumer Orientation: Male, Female, Unisex, Baby And Kids
3) By Sales Channel: Supermarkets/Hypermarkets, Department Stores, Specialty Stores, Online Sales Channel, Mono Brand Store, Other Sales Channel
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