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Home > News > Market Flash > Global Organic Personal Care Market may cross more than 16 billion by 2023.

Global Organic Personal Care Market may cross more than 16 billion by 2023.

2017-04-11

Organic Personal Care Market: Growing consumer concern towards petrochemical derived ingredients in cosmetics & toiletries coupled with increasing individual health consciousness is likely to drive organic personal care demand. MNCs are displaying continuous efforts towards manufacturing products derived from renewable raw materials and decreasing use of potential harmful chemicals such as aluminum salts, parabens and phthalates as ingredients.

Approval from regulatory bodies such as FDA and USDA (U.S. Department of Agriculture) is likely to have a positive influence on demand. From lotions to shampoos, personal care products are found widespread. USDA states few guidelines under which the products claiming to be organic (e.g.: organic shampoos) must be certified according to USDA National Organic Program (NOP) which requires 95% organic ingredients. USDA places stringent restrictions on the substances used in the rest 5%.

Rising importance and growing awareness of consumers towards natural ingredients providing anti-oxidation properties and improve the skin immunity is likely to drive organic skin care products demand. These products are likely to witness significant growth rates over the forecast period. Manufacturing cost of these skin care products are likely to poses challenge growth.

U.S. organic personal care market dominated the regional industry and is likely to witness steady gains over the forecast period owing to rising consumer awareness towards bio based products.

Europe organic personal care market size was estimated at USD 2.4 billion in 2013. Growth witnessed in cosmetics & personal care industry post recession particularly in UK, France and Germany is likely to favor demand. Asia Pacific regional demand is likely to be driven by increasing demand of hair fall and skin care products in countries such as China and India. These countries are expected to grow owing to population expansion and increasing disposable income.

The global organic personal care market share is fragmented with companies involved in continuous product innovations and marketing activities. Key companies operating in this market include Bare Escentuals, Burt’s Bee, The Hain Celestial Group and Estee Lauder. Other prominent companies include Arbonne International, The Body Shop, L’Oreal, Aveda Corp, Amway, L'Occitane en Provence and Natura Cosméticos S.A.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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