Global Organic Skincare Market

Organic Skincare Market Size, Share, Growth Analysis, By Products(Body Care, Face Care, Others), By Distribution Channel(Supermarkets/hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30L2115 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 75

Organic Skincare Market News

  • In January 2022, L'Oreal and Verily formed a strategic alliance to advance precision skin health. It is expected to include two programs aimed at better understanding and characterizing skin and hair aging mechanisms, as well as informing L'Oreal's precision beauty technology strategy and product development.
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Global Organic Skincare Market size was valued at USD 9.83 billion in 2019 and is poised to grow from USD 10.49 billion in 2023 to USD 21.16 billion by 2031, growing at a CAGR of 8.9% in the forecast period (2024-2031).

The market includes both international and domestic participants. Key market players focus on strategies such as innovation and new product launches in retail about natural products to enhance their portfolio offering in the market. The key market players for organic skincare are Avalon Natural Products Inc., Natura & Co., The Estee Lauder Companies, Yves Rocher, and others. 'L'Oreal SA', 'Unilever PLC', 'Estee Lauder Companies Inc.', 'Kao Corporation', 'Johnson & Johnson', 'Shiseido Company Limited', 'The Body Shop International Limited', 'Amway Corporation', 'Avon Products Inc.', 'Procter & Gamble Co.', 'Natura & Co', 'Colgate-Palmolive Company', 'Weleda AG', 'Aubrey Organics, Inc.', 'Burt's Bees, Inc.', 'Neal's Yard Remedies', 'Eminence Organic Skin Care', 'Pai Skincare', 'Dr. Hauschka Skin Care', 'Tata Harper Skincare.'

The rising prevalence of skin problems caused by synthetic ingredients in beauty products and cosmetics is expected to drive up sales. Toxic chemicals are known to cause allergic reactions, acne, blemishes, rashes, and other skin-related problems including methylparaben, propylparaben, and butylparaben.

Innovations and technological advancements in the beauty and personal care industry, such as the development of artificial intelligence (AI) and Internet of Things (IoT)-based devices that provide personalized skin nourishment solutions to individuals, are gaining significant traction, which is expected to boost product demand.

Asia Pacific held the largest Organic Skincare Market share. Rising consumer awareness, changing lifestyles, rising disposable income, and rising health and environmental concerns are all expected to drive organic cosmetics sales in the region. With a revenue share of more than 25% in 2021, Europe was the second-largest contributor to the global market. The growing consumer preference for 'cleaner, greener beauty,' particularly among millennials and Gen Z, is expected to drive demand for non-synthetic skincare products. The availability of 'organic' skincare products will increase product visibility among consumers. Many skincare brands offer COSMetic Organic and Natural Standard (COSMOS) certified products, which are safe to use and have no side effects.

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Global Organic Skincare Market

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