Growing demand for organic face creams, sunscreens, and body lotions among consumers is expected to have a positive impact on the sector over the next seven years. Changing consumer perceptions towards organic products coupled with growing utilization of environmentally sustainable products is expected to fuel product growth over the next seven years.
Global Organic Skin Care Market is expected to reach USD 12.58 billion by 2022, according to a new report by Grand View Research, Inc.
Global Organic Skin Care Market is expected to reach USD 12.58 billion by 2022, according to a new report by Grand View Research, Inc.
Growing awareness toward organic products, and changing lifestyle of consumers coupled with and rising consumer disposable income is expected to fuel product demand over the forecast period. In addition, increasing penetration of major players such as Reckitt Benckiser and P&G through new product developments and launches in India, Brazil and China is expected to promote growth over the next seven years.
Rising consumer awareness regarding potential impact of organic skin care products on health and environment has resulted in augmenting sales over the past few years. Furthermore, reduced consumption of harmful chemicals including aluminum salts, parabens and phthalates coupled with shifting to sustainable products by numerous multinational corporations has contributed to the rise in product consumption and trend is expected to continue over the forecast period.
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Europe was estimated over USD 750.0 million in 2014. Robust product manufacturing base in the UK, France and Germany is expected to be a favorable factor for demand. European Commission framed Horizon 2020 Strategy, with to promote consumption and production of natural ingredients in chemical, personal care, automotive and energy sectors. This is expected to have a positive impact on the industry over the next seven years.
Market Segmentation of Organic Skin Care Market:
The Global Organic Skin Care Market segmented on the basis of Product and Region.
By Product:
Face creams
Body lotions
By Regioln:
North America
US
Europe
Germany
UK
Asia Pacific
China
India
Latin America
Brazil
MEA
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