Report ID: SQMIG30L2177
Report ID:
SQMIG30L2177 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
65 |
Figures:
77
Global 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).
It is anticipated that increased environmental consciousness and rising demand for beauty products will fuel the market's expansion. The introduction of natural products is being driven by consumers' growing knowledge of the negative impacts of cosmetics' chemical content. After first hand exposure to the negative consequences of synthetic chemicals, market leader Tata Harper founded this business.
Natural product demand is on the rise as a result of rising knowledge of natural products and their benefits. As a first move into this new face of the cosmetics industry, L'Oréal introduced a plant-based hair colour called Botanea. In order to produce more products with natural ingredients, firms have increased their R&D spending.
As a result of rising demand, they are now more readily available through a variety of distribution channels, including supermarkets and hypermarkets, convenience stores, specialty shops and online outlets. Due to their accessibility, emerging sources like online distribution channels will present supermarkets and hypermarkets with tough competition in the years to come. In order to expose consumers to their complete product line, they are building their websites.
US Natural Cosmetics Market is poised to grow at sustainable CAGR for the next forecast year.
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Report ID: SQMIG30L2177