Increasing preference for natural ingredients in beauty products and increase in number of start-ups offering natural skincare products driving growth of the natural skincare products market
Market USD 11.44 Billion in 2020 Market Growth 5.5% Trends Rising demand for natural ingredients in skin care products
The global natural skin care products market size is expected to reach USD 17.40 Billion by 2028 at a CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data. Key factors driving market revenue growth include increasing customer awareness regarding benefits of natural ingredients in skin care products. Rising environmental concerns as well as harmful effects of chemicals on skin has prompted a shift in customer preference towards skin care products that contain more natural ingredients. Skin care has been gaining focus due to climate change and air pollution and resultant effects on skin tone and conditions such as tanning and dry skin among others, and this has been resulting in an increasing number of customers seeking natural ingredients in products they prefer, and for products that are less likely to cause long-term damage to the skin.
Some prominent players in the global natural skin care products market include: Procter & Gamble, Estee Lauder, Mama Earth, Unilever, Clorox Co., Honest Co., The Body Shop, Loreal, FOM London Skincare, and Bloomtown.
The Internet and social media platforms have also contributed to growth of the natural skin care products market. Millennials, who spend considerable amount of time on social media platforms are transforming these channels into a consumer base of customised goods, which are often marketed on social media platforms and channels. Many celebrities have launched their own product lines of natural ingredients, and social media influencers have been opening-up avenues for natural skin care product start-ups to leverage emerging opportunities in a rapidly evolving market environment.
Segments Covered in the Report For the purpose of this report, Reports and Data has segmented the global natural skin care product market report on the basis of type, product, end-use, distribution channel, and region:
Type Outlook (Revenue, USD Billion, 2018 - 2028)
Mass
Premium
Product Outlook (Revenue, USD Billion, 2018 - 2028)
Facial care
Body care
End-use Outlook (Revenue, USD Billion, 2018 - 2028)
Men
Women
Children
Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2028)
Direct Selling
Hypermarkets & Retail Chain
E-commerce
Specialty Stores
Others
Regional Outlook (Revenue, USD Billion, 2018 - 2028)