Overview and Scope
Organic skincare refers to skin care products that are made from organically farmed ingredients and do not use laboratory-made substances. These are less harmful to the environment and consist of plant-derived ingredients. Organic skincare help to protect from the harmful effects of chemicals and gives glowing, radiant, and beautiful skin.
Sizing and Forecast
The organic skincare market size has grown rapidly in recent years. It will grow from $10.96 billion in 2023 to $12.2 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to growing health and wellness consciousness, rise of sustainable and eco-friendly lifestyles, preference for natural ingredients, influence of social media and influencers, changing beauty standards.
The organic skincare market size is expected to see rapid growth in the next few years. It will grow to $18.58 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to continued emphasis on health and wellness, increasing adoption of clean beauty, expansion of sustainable packaging, rise of personalized skincare, global beauty and cosmetics market growth. Major trends in the forecast period include wellness and self-care integration, emergence of indie and niche brands, clean beauty certification standards, emphasis on anti-pollution skincare, well-being rituals and mindful beauty.
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Segmentation & Regional Insights
The organic skincare market covered in this report is segmented –
1) By Type: Facial Care, Body Care, Other Types
2) By Gender: Male, Female
3) By Distribution Channel: Supermarkets or Hypermarket, Convenience Stores, Specialist Stores, Online Retail Stores, Other Distribution Channels
North America will be the largest region in the organic skincare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organic skincare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of skin issues is expected to propel the growth of the organic skincare market going forward. Skin issues or diseases are conditions that affect the skin and may cause rashes, inflammation, itchiness, or other skin changes. Organic skin care products are helpful to minimize skin issues as they are natural products and are suitable for all types of skin. For instance, in March 2022, according to one of the population-based survey of the general population aged 18 years or more in each of the 27 countries in UK, estimated that over 94 million Europeans suffer from uncomfortable skin sensations such as itchiness, burning, or dryness. Fungal skin infections (8.9%), acne (5.4%), and atopic dermatitis or eczema (5.5%) were the most common conditions. Further, in April 2022, the American Journal of Managed Care, a US-based peer-reviewed journal, found that 43% of 40,000 patients had at least one skin condition or issue within the last 12 months. Therefore, the increasing prevalence of skin issues is driving the organic skincare market.
Key Industry Players
Major companies operating in the organic skincare market report are Johnson & Johnson, Procter & Gamble Company, L’Oréal S.A., The Estée Lauder Companies Inc., Groupe Rocher, Shiseido Company Limited, Natura & Co, Avon Products Inc., The Hain Celestial Group Inc., Beautycounter LLC, Arbonne International LLC, Aesop Group, Weleda AG, Caudalie, Burt’s Bees Inc., Dr. Bronner’s Bros., Benevolent Beauty, Alaffia Brands LLC, Eminence Organic Skincare Inc., Cattier Paris, Andalou Naturals Inc., Badger Balm Company, Biossance, True Botanicals Inc., Desert Harvest, Annmarie Gianni Skin Care, H.H. Products LLC, Purity Cosmetics Inc. (100% Pure), Earth’s Best Inc., Idam House of Brands
The organic skincare market report table of contents includes:
1. Executive Summary
2. Organic Skincare Market Characteristics
3. Organic Skincare Market Trends And Strategies
4. Organic Skincare Market – Macro Economic Scenario
5. Global Organic Skincare Market Size and Growth
…..
32. Global Organic Skincare Market Competitive Benchmarking
33. Global Organic Skincare Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Organic Skincare Market
35. Organic Skincare Market Future Outlook and Potential Analysis
36. Appendix
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