The global organic personal care market size is expected to reach USD 41.52 Million by 2030 according to a new study by Polaris Market Research. The report “Organic Personal Care Market Share, Size, Trends, Industry Analysis Report, By Product Type (Skin Care, Oral Care, Hair Care, Cosmetics, Others); By Distribution Channel (Offline Stores, Online Platforms); By Region; Segment Forecast, 2022 - 2030” provides an in-depth awareness into prevalent market dynamics and offers research on the future growth of the market.
The surge in the number of distribution channels such as e-commerce in urban areas and levels of greater health consciousness amongst consumers has boosted the industry. Also, growing apprehension over petrochemical-based ingredients in toiletries and cosmetics has introduced environment-friendly products.
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The growth in the occurrences of regulatory agreements and organic and natural certification for cosmetics such as COSMOS is an eminent patron to an entire industry augmentation. These agreements have fuelled the growth of the industry. Moreover, the increase in R&D expenses regarding innovations through the improvised plant and animal extracts will affirmatively add to the regional growth size.
Based on the product type. The skincare segment rules the market. Skincare products are less likely to provoke allergic reactions, inflammation, and skin irritation than chemically produced personal skin beauty products. The reason is that the plant organically comprises a higher level of anti-oxidant vitamins.
Also, increasing focus on the impact of aging on the skin and the requirement to safeguard it from harsh chemicals and pollution due to the environment has further increased the demand for skin beauty products.
The European region is anticipated as the dominating region of the industry regarding value and volume. The development of the region's organic personal beauty products because of different factors such as escalation in consumer awareness concerning the numerous advantages of personal beauty products over the traditional personal beauty products is extensively driving the industry at the global level.
During the forecast period, progressive product development with skin-friendly components and technological upgrades positively influenced European countries' organic personal beauty product market growth.
Some of the major players operating in the global market include The Body Shop International P.L.C., Arbonne International L.L.C., Aubrey Organics, Bare Escentuals Inc., Burt's Bee, Estee Lauder Companies Inc., L'Occitane en Provence, Aveda Corporation, Amway Corporation, Oriflame Cosmetics S.A.S.A., The Hain Celestial Group, Yves Rocher amongst others.
For instance, in March 2022, Private Label Select, an organic cosmetics and personal care company located in New Mexico, was bought by Cosmetic Solution LLC, the chief innovation consort for custom formulation and contract manufacturing. The deal's financial particulars were not made public. Cosmetics Solutions has obtained funding from Lee Equity Partners Fund. PLS trains in sunscreen, salves, lip balm, lip tints, SPF products, glosses, and mother and baby items.
Polaris Market Research has segmented the organic personal care market report based on product type, distribution channel, and region:
Organic Personal Care, Product Type Outlook (Revenue - USD Million, 2018 - 2030)
Organic Personal Care, Distribution Channel Outlook (Revenue - USD Million, 2018 - 2030)
Organic Personal Care, Regional Outlook (Revenue - USD Million, 2018 - 2030)