Global Natural Skin Care Products Market

Natural Skin Care Products Market Size, Share, Growth Analysis, By Type(Mass, premium), By Product(Facial, Body Care), By End Use(Men, Women), By Distribution Channel(Direct selling, hypermarket, retail chain, e-commerce pharmacy), By Region - Industry Forecast 2024-2031


Report ID: SQSG30L2047 | Region: Global | Published Date: June, 2024
Pages: 157 | Tables: 117 | Figures: 77

Natural Skin Care Products Market Insights

Natural Skin Care Products Market size was valued at USD 7.3 billion in 2019 and is poised to grow from USD 8.37 billion in 2023 to USD 11.87 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Growing understanding of the adverse effects of chemicals on the skin, including irritation and dullness, is one of the key reasons driving the market growth. Customers now look for eco-friendly, natural skin care products as they become more aware of the advantages of products made with organic ingredients.

The natural skincare products market is expected to grow as people become more aware of the benefits of natural products. Natural skin care products are becoming increasingly popular due to their numerous health and therapeutic benefits for human skin. These natural skincare products contain Vitamin C, Vitamin D, Vitamin E, Resveratrol, alpha-hydroxyl acid, and other natural compounds derived from plant sources that aid the body's function and make them simple to use.

Furthermore, these products are gentler on the skin because they are free from chemical compounds and synthetic ingredients that are harsh on the skin, such as artificial fragrance, dyes, parabens, sulfates, phthalates, and other petrochemical substances found in regular skincare products. Shift in public preference from regular skin care products to natural skin care products as a result of increased concern for animals harmed during the manufacturing process of regular skin care products has resulted in increased utilization of natural skin care products.

US Natural Skin Care Products Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Natural Skin Care Products Market size was valued at USD 7.3 billion in 2019 and is poised to grow from USD 8.37 billion in 2023 to USD 11.87 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The natural skin care products market is highly competitive and has both national and international players. New product releases, agreements/partnerships, expansions, mergers, and acquisitions are the main strategies used by businesses in the market. Companies are increasingly pursuing the merger and acquisition strategy to capitalize on their individual key strengths, such as intense R&D efforts, distribution networks, and the creation of new products, to enhance the portfolio, capture untapped markets, and advance the natural skin care products market. 'L'Oreal SA', 'Estee Lauder Companies Inc.', 'Unilever PLC', 'Beiersdorf AG', 'The Body Shop International PLC', 'Amway Corporation', 'Kao Corporation', 'Shiseido Company Limited', 'Avon Products Inc.', 'Procter & Gamble Co.', 'Johnson & Johnson', 'LVMH Moet Hennessy Louis Vuitton SE', 'The Himalaya Drug Company', 'The Honest Company Inc.', 'Burt's Bees Inc.', 'Colgate-Palmolive Company', 'Weleda AG', 'Aubrey Organics Inc.', 'Jurlique International Pty Ltd', 'Natura Cosmeticos SA'

Customers have shown a preference for beauty and cosmetics that are chemical-free and open about their ingredients, which is anticipated to increase demand for natural skin care products. Young customers are anticipated to respond favorably to rising celebrity participation in the promotion of environmentally friendly cosmetic goods. Millennials that spend a lot of time online have a strong preference for hotly debated articles, new products, and celebrity endorsements. Influential people like Jessica Alba and Hailey Bieber, who support bareMinerals, co-founded The Honest Company. These brand innovations and launches are likely to contribute to the growth of the market.

Paraben-Free Products: Synthetic ingredients like propylparaben and butylparaben are no longer seen as safe to use due to the rise of organic products. The phrase "free from parabens" will often appear on a product's label if it is paraben-free. Parabens are not present, according to labels that list isobutyl paraben and isopropyl paraben. Only 35% of cosmetics include parabens, a drop of approximately seven percentage points over the past few years. 

With a market share of 39.2% in 2022, Europe was the market leader in the natural skin care products market. Customers prefer natural, herbal, and organic skin care products because they are more selective about what they put to their skin in nations like the U.K., France, Italy, and Germany. Additionally greater purchasing power as well as presence of key players operating in the market is boosting the market growth.

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Global Natural Skin Care Products Market

Report ID: SQSG30L2047

$5,300
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