U.S. organic personal care market dominated the regional industry and is likely to witness steady gains over the forecast period owing to rising consumer awareness towards bio based products.
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Organic hair care market is likely to witness steady gains at an estimated CAGR of over 9.5% up to 2023. Consumers widely prefer this product type owing to growing importance of role played by natural ingredients in providing hair fall control, shining effect and dandruff protection. These products ammonia & sulfur free which helps in promoting its importance over its synthetic counterparts.
Natural ingredients also in some cases considered part of manufacturing oral care products which helps to protect against bleeding gums, periodontal disease and gum disease. MNCs such as Hindustan Unilever and Colgate Palmolive are offering oral care products derived from clove and neem. This factor is likely to support organic personal care market growth over the forecast period.
Mexico is considered to be an important market and is expected to witness significant growth rates up to 2023. Increasing purchasing power coupled with access to different credit types by Mexican consumers are allowing them to poses better quality products. U.S. suppliers have an advantage over local and international companies in Mexico as they formulated and launched certified natural & organic personal care products meeting the performance of conventional products.
Europe organic personal care market size was estimated at USD 2.4 billion in 2013. Growth witnessed in cosmetics & personal care industry post recession particularly in UK, France and Germany is likely to favor demand. Asia Pacific regional demand is likely to be driven by increasing demand of hair fall and skin care products in countries such as China and India. These countries are expected to grow owing to population expansion and increasing disposable income.
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At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the organic personal care market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
- Definition and scope of research
- Market dynamics, growth drivers and industry pitfalls
- Regulatory and political guidelines for the industry
- Demographics and statistical data
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The global organic personal care market share is fragmented with companies involved in continuous product innovations and marketing activities. Key companies operating in this market include Bare Escentuals, Burt’s Bee, The Hain Celestial Group and Estee Lauder. Other prominent companies include Arbonne International, The Body Shop, L’Oreal, Aveda Corp, Amway, L’Occitane en Provence and Natura Cosméticos S.A.
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