Coconut-based Cosmetics Market to Grow with a CAGR of 11.2% Globally through 2028
Increasing consumer preference for natural and rising
awareness of coconut's benefits for skin and hair are driving the Global
Coconut-based Cosmetics Market in the forecast period 2024-2028.
According to TechSci Research report, “Global Coconut-based
Cosmetics Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Coconut-based Cosmetics Market stood
at USD 2.80 Billion in 2022 and is anticipated to grow with a CAGR of 11.2% in
the forecast period, 2024-2028. The global coconut-based cosmetics market has
witnessed robust growth due to increasing consumer awareness and preferences
for natural and sustainable beauty products. Coconut-based cosmetics are
formulated using various parts of the coconut, such as coconut oil, coconut
milk, and coconut water, which are renowned for their hydrating and nourishing
properties. This market has expanded substantially, driven by the rising demand
for clean and eco-friendly beauty solutions.
Coconut-based cosmetics encompass a diverse range of
product categories catering to skincare and haircare needs. These include
moisturizers, body lotions, shampoos, conditioners, hair masks, facial
cleansers, and more. Innovations have led to specialized products, such as
anti-aging creams, dandruff control shampoos, and sunscreens with natural SPF
properties. These products have resonated with consumers seeking effective and
natural alternatives to traditional beauty products.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Coconut-based
Cosmetics Market”
The coconut-based cosmetics market's growth has been
notably strong in regions with a rich heritage of coconut cultivation and
processing, such as the Asia-Pacific region. Countries like Indonesia, the
Philippines, and India have been prominent players in the production and export
of coconut-based cosmetic ingredients. However, North America and Europe have
also emerged as key markets, driven by the increasing popularity of natural and
organic beauty products. The market's expansion has been further facilitated by
the rise of e-commerce, making these products accessible to a global audience.
Consumer preferences have played a pivotal role in
shaping the coconut-based cosmetics market. There is a growing inclination
towards natural and organic beauty products, with consumers becoming more
conscious of the potential harm caused by synthetic chemicals in cosmetics. The
awareness of coconut's benefits for skin and hair, such as its moisturizing and
rejuvenating properties, has driven the demand for coconut-based ingredients.
Consumers are seeking products that align with their preferences for healthier,
eco-conscious choices.
The coconut-based cosmetics market is also influenced
by the broader industry trend towards sustainability and environmental
responsibility. Coconuts are considered a sustainable resource, as coconut
palms require minimal pesticides and chemicals, and they grow in diverse
ecological conditions. Cosmetic companies are increasingly emphasizing
sustainable sourcing practices, eco-friendly packaging, and certifications like
organic and fair trade. Meeting these eco-conscious consumer expectations has
become a significant driver in the market.
In conclusion, the global coconut-based cosmetics
market has witnessed remarkable growth driven by factors such as increasing
consumer preference for natural and sustainable products, awareness of
coconut's benefits, regional dynamics, evolving consumer preferences, and the
industry's focus on sustainability. As demand for clean and eco-friendly beauty
solutions continues to rise, the coconut-based cosmetics market is poised for
sustained growth and innovation, offering consumers a wide array of skincare and
haircare options that cater to their evolving preferences. Please note that
market trends and values may have evolved since my last knowledge update in
September 2021, and it's advisable to consult more recent sources for the
latest market insights.
The Global Coconut-based Cosmetics Market is segmented
into type, distribution channel, regional distribution, and company.
Based on type the market is segmented into hair oil,
soaps, face mask, body lotion, shampoo, others. The global coconut-based cosmetics market has
witnessed a surge in demand for coconut hair oil. This rising popularity can be
attributed to consumers' growing recognition of coconut oil's exceptional
benefits for hair health. Renowned for its deep moisturizing properties and its
ability to promote overall hair and scalp well-being, coconut hair oil has
become a preferred choice for individuals seeking natural and effective
solutions for maintaining healthy and lustrous hair. As consumers increasingly
prioritize natural and organic hair care products, coconut hair oil remains a
prominent driver of market growth.
Based on distribution channel the market is segmented
into offline and online.
Based on region the market is segmented into five
regions, North America, Europe, Asia Pacific, Middle East & Africa, and
South America.
Major companies operating in Global Coconut-based
Cosmetics Market are:
- Coda international Plc
- Monza group Ltd
- Innospec
- Cognisa
- Lubrizol Corporation
- Stepan Company
- Ashland Inc.
- BASF SE
- Sambuca Group
- Coco tana
Download
Free Sample Report
Customers can also request for 10%
free customization on this report.
“Customization and personalization of beauty products is
a significant trend that is expected to have an impact on growth over the
forecasted period. Increasing consumer preference for natural and organic
products, rising awareness of coconut's benefits for skin and hair, continuous
product innovation will positively impact the Global Coconut-based Cosmetics
Market. Due to the wide range of products available to meet specific needs of,
as well as the growing popularity of the online distribution channel, the
market is growing at impressive rate through projected period,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Coconut-based
Cosmetics Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Hair Oil, Soaps, Face Mask, Body Lotion, Shampoo,
Others), By Distribution Channel (Offline, Online), By Region, By Competition,
2018-2028”, has evaluated the future growth potential of Global Coconut-based
Cosmetics Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Coconut-based
Cosmetics Market.
Contact
Mr. Ken Mathews
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com