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Organic Skincare Market (Type - Facial Care, and Body Care; Distribution Channel - Supermarkets/hypermarkets, Conveniences Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : July, 2021

  • Rep Id : CGP00144

  • Category : Consumer Goods and Packaging

  • Status : Published

A recent report published by Infinium Global Research on organic skincare market provides in-depth analysis of segments and sub-segments in the global as well as regional organic skincare market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional organic skincare market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global organic skincare market. According to the report, the global organic skincare market was nearly worth USD 5.8 billion in 2021 and is expected to reach over USD 8.2 million by 2027, growing with a CAGR of 6.08% over the forecast period of 2021-2027.


Organic Skincare Market

 

Market Insight

Organic skincare is the formulation of cosmetic products using organically farmed ingredients. These ingredients are grown without the use of herbicides, synthetic fertilizers, Genetically Modified Organisms (GM), and more. As more people are becoming conscious of lifestyle choices, being mindful about what is applied on the skin is a natural next step. Well-being remains the all-encompassing factor that transcends the whole organic sector. With wellness and a lifestyle choice, people are expecting brands to follow holistically ‘look and feel healthy’. It is vital that beauty products are effective, and as the organic beauty industry continues to grow, brands are now able to evidence their products to be as effective as their non-organic counterparts.

 

The growing consumer awareness about health and wellness owing to the growing number of beauty blogs and social media accounts dedicated to the benefits of going organic is primarily driving the growth of the organic skincare industry. The impact of the beauty influencers who have a large following on social media are influencing the purchase of these organic skincare products. These young consumers are no longer just seeking brand names but meaning over materialism but also are demanding brands with a point of view and more authenticity, transparency, and sustainability. So labels that flaunt creds such as ‘natural’, ‘organic’, ‘vegan’, and ‘against animal testing’ are finding ready takers. Hence, awareness about the harmful effects of chemicals and synthetic products is augmenting the growth of this market. Furthermore, the online platform is one of the key sources used by consumers to search for the best suitable products which may not be available in malls and retail stores. Hence, e-commerce is one of the prominent factors propelling growth in the global organic skincare market. The growing initiatives by companies to create a sustainable demand for organic skincare products in this region are also driving the growth of the market. SoulTree, for instance, creates a sustainable demand for organic herbs grown by small farmers, especially women, in Uttarakhand.

 

However, the high cost of organic skincare products may become a restraining factor to the growth of the market. In spite of the availability of excellent quality natural plant-derived ingredients, manufacturers of organic personal care products are still facing some challenges. Microbial contamination in skincare, products leads to instability such as product separation, discoloration, and formation of gasses and odors. Non-availability of the proper type of natural preservatives effective for all the spectrum of the microorganisms which can guarantee a prolonged shelf life without toxic side effects is one of the most challenging problems which natural personal care products face. Moreover, product innovations to increase the effectiveness of organic skincare products will provide a significant growth opportunity for the market.

 

Asia-Pacific dominates the organic skincare market. Growing investment in branding and advertisement of organic skincare products in the region is attributing to the growth of the market in this region. Moreover, in Asia-Pacific, China has dominated the market, followed by Japan, India, South Korea, and others. Apart from China, South Korea is also a dominant organic skin care market in the world. In terms of per capita spending, South Korea is anticipated to remain as the top spending country in the global market.

 

Segment Covered

The report on global organic skincare market covers segments such as type, and distribution channel. On the basis of type, the sub-markets include facial care, and body care. On the basis of distribution channel, the sub-markets include supermarkets/hypermarkets, conveniences stores, specialist stores, online retail stores, and other distribution channels.

 

Companies Profiled:

The report provides profiles of the companies in the market such as L'Oreal, Procter and Gamble, Avon Products Inc, The Estee Lauder Companies Inc, Johnson & Johnson, Kao Corporation, Private Label, Jergens, The Body Shop International PLC, and Others.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of organic skincare market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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