Global Natural Cosmetics Market

Natural Cosmetics Market Size, Share, Growth Analysis, By Product(Skin Care, Hair Care, Fragrance, Color Cosmetic), By Distribution Channels(Supermarket, Specialty Stores, Convenience Stores, Online), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30L2177 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 65 | Figures: 77

Natural Cosmetics Market Competitive Landscape

Global demand is being driven by a growing millennial population in nations like those in Asia Pacific and other areas. Prominent players are in a fierce battle to stay current with the newest skincare and cosmetic trends. Manufacturers are focusing on R&D for the incorporation of natural substances in cosmetics to increase sales. The demand for products is anticipated to rise as a result of businesses increasing their distribution networks in Asia Pacific.

Natural Cosmetics Market Top Player’s Company Profiles

  • Shiseido Company, Limited (Japan)
  • Natura & Co (Brazil)
  • Avon Products, Inc. (United Kingdom)
  • Amway Corporation (United States)
  • Weleda AG (Switzerland)
  • Korres S.A. Natural Products (Greece)
  • Aubrey Organics, Inc. (United States)
  • Jurlique International Pty. Ltd. (Australia)
  • Dr. Hauschka Skin Care (Germany)
  • Aveda Corporation (United States)
  • Burt's Bees, Inc. (United States)
  • Origins Natural Resources, Inc. (United States)
  • Tata Harper Skincare (United States)
  • Herbivore Botanicals (United States)
  • RMS Beauty (United States)
  • Pacifica Beauty, LLC (United States)
  • Trilogy Natural Products (New Zealand)
  • John Masters Organics (United States)
  • Primavera Life GmbH (Germany)

Natural Cosmetics Market Recent Development

  • In March 2024, Silab introduced Deolya natural deodorant for skin care. Deolya is a natural deodorant combining hygiene and skin care and relieving irritations from the underarms. 
  • In January 2024, Lipoid Kosmetik AG announced collaboration with the NATRUE Label for a broad range of products. Lipoid Kosmetik is a leading manufacturer of high-quality botanical extracts, actives and natural phospholipid products for the cosmetic and personal care industry. 
  • In July 2023, Sunpure Extracts Private Limited, one of the first companies to develop active cosmeceutical ingredients from natural sources, took natural cosmetic ingredients to a new level with the launch of the BAKUCHIpure™and TetraBeauty™. 
  • In April 2023, Unilever announced plans to invest £100 million in its natural cosmetics brand, Love Beauty and Planet. The investment will be used to expand the brand's product range and reach new markets. 
  • In March 2023, The Body Shop launched a new range of vegan and cruelty-free cosmetics. The range includes products for face, body, and hair. 
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Natural Cosmetics Market size was valued at USD 39.52 billion in 2022 and is poised to grow from USD 41.50 billion in 2023 to USD 61.41 billion by 2031, growing at a CAGR of 5.02% during the forecast period (2024-2031). 

demand is being driven by a growing millennial population in nations like those in Asia Pacific and other areas. Prominent players are in a fierce battle to stay current with the newest skincare and cosmetic trends. Manufacturers are focusing on R&D for the incorporation of natural substances in cosmetics to increase sales. The demand for products is anticipated to rise as a result of businesses increasing their distribution networks in Asia Pacific. 'L'Oréal (France)', 'Estée Lauder Companies Inc. (United States)', 'The Body Shop International Limited (United Kingdom)', 'Shiseido Company, Limited (Japan)', 'Natura & Co (Brazil)', 'Avon Products, Inc. (United Kingdom)', 'Amway Corporation (United States)', 'Weleda AG (Switzerland)', 'Korres S.A. Natural Products (Greece)', 'Aubrey Organics, Inc. (United States)', 'Jurlique International Pty. Ltd. (Australia)', 'Dr. Hauschka Skin Care (Germany)', 'Aveda Corporation (United States)', 'Burt's Bees, Inc. (United States)', 'Origins Natural Resources, Inc. (United States)', 'Tata Harper Skincare (United States)', 'Herbivore Botanicals (United States)', 'RMS Beauty (United States)', 'Pacifica Beauty, LLC (United States)', 'Trilogy Natural Products (New Zealand)', 'John Masters Organics (United States)', 'Primavera Life GmbH (Germany)'

Sustainability is now a major element affecting consumer decisions. Natural cosmetics, which are often produced using sustainable practices, renewable resources, and biodegradable packaging, align well with the values of environmentally conscious consumers. The desire to reduce their carbon footprint and support ethical brands has driven the demand for natural cosmetics.

Consumers are increasingly demanding clean and transparent beauty products. They want to know exactly what ingredients are used in their cosmetics and seek products free from harmful chemicals, synthetic fragrances, and other potentially toxic substances. Brands that prioritize ingredient transparency and promote clean beauty formulations have gained significant traction.

With a market share of roughly 38.29% of revenues in 2023, Europe had the largest market. The majority of the major businesses and a growing number of start-up companies that produce natural cosmetics are located in Europe. Over the projected period, it is anticipated that Bioeffect companies will aid Europe in maintaining its leadership position. Despite being relatively stable during the previous economic crisis, German shoppers are now increasingly price cautious and looking for products that provide value. In response to this rising demand, producers have released more multipurpose goods, such as moisturizers with extra SPF protection and anti-wrinkle ingredients.

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Global Natural Cosmetics Market

Report ID: SQMIG30L2177

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