Organic Personal Care Market to be Valued at USD13.07 Billion by 2026F
Growing
concerns regarding synthetic chemicals and increasing awareness due to social
media penetration are expected to drive the global organic personal care market.
According to TechSci Research report, “Global
Organic
Personal Care Market By
Product Type (Skin Care, Hair Care, Oral Care & Others (Manicure, Pedicure,
etc.)), By Distribution Channel (Drug Stores, Hypermarket/Supermarket,
E-Commerce, Specialty Stores,
Departmental Stores & Others (Beauty Parlors, Grocery Stores, Convenience
Stores, etc.)), By Region, Competition, Forecast and Opportunities, 2026”, the global organic
personal care market was valued at USD8.26 billion in 2020 and it is forecast to
reach USD13.07 billion by 2026F with the CAGR of 8.42%. Growth in the market
can be attributed to growing female working population, changing consumer
lifestyle and preferences, growing number of millennials, increasing aging
population. Moreover, rising demand for chemical- free skin and hair care
products coupled with changing attitude of consumer towards organic personal
care product and growing importance given to environment friendly products over
non organic personal care products, which are harmful for the skin due to
presence of toxic chemicals has led the growth of organic personal care industry.
However, manufacturers of organic personal care products contribute to the
environment by reducing the pollution and dependence on synthetic or petroleum-based
products. Approval from human health and safety regulatory bodies Such as the US
Department of Agriculture (USDA) for the use of organic ingredients in various
personal care products is likely to have positive influence on demand for
organic skin care, oil care and oral care and other organic products.
The global organic personal care market
is segmented based on product type, distribution channel, region and company. In terms of product type, the market
can be segregated into skin care, hair care, oral care, and others. Out of these,
skin care registered a market share of around 65 % in 2020 and continue to dominate
the market due to growing desire for self-care and rising importance and
growing awareness of consumers towards natural ingredients that provide
anti-oxidation properties which improves skin immunity.
In terms of distribution channel, the market
is segmented into drug stores, hypermarket/supermarket, e-commerce, specialty stores,
departmental stores and others. Drug Stores is dominating the global organic
personal care market followed by hypermarket/supermarket. It is also witnessed
that in countries like USA, Germany, France, Italy, Spain, United Kingdom, China,
Japan, drug storesis the most preferred distribution channel
for organic personal care products whereas e-commerce is the emerging trend in
global organic personal care market. COVID-19 has changed the consumer buying
pattern as more and consumers shifted towards online shopping due to closure of
retails shops and companies. Moreover, prompt and easy access to several online
shopping sites through smartphones and the presence of popular organic personal
care brands on the various e-commerce platform is boosting the target market
growth globally. Secured online payments, easy navigation, customer support,
user-friendly website designs, and easy return policy are some of the key
factors leading to increasing sales of organic personal care product through e-commerce.
Browse 87 Figures spread through 110 Pages and an in-depth TOC on "Global Organic Personal
Care Market"
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In terms of regional analysis, Market
is segmented into Asia-Pacific, Europe, North America South America, Middle
East & Africa. North America dominates the organic personal care market
followed by Europe due to rising adoption of organic personal care products by
consumers in the region. Moreover, increasing investments in research and
development to introduce organic plant extracts, growing female workforce and rising concern over self-care have
further led to the organic personal care market in the region.
L’Oréal S.A., Oriflame Holding AG, Onekind.25 LLC
(Cocokind), The Hain Celestial Group, Inc., L'Occitane International SA and
others are the major leading players in the market. To remain competitive in
the market companies are continuously focusing on improvising their ingredients
and get them certified from regulatory bodies. Company like Garnier Bio is known for providing
personal care products for each skin type. The Garnier BIO range consists of 6 plants, each with their natural benefits
for each skin type: and their 6 plants are Argan Oil ,Lavender, Lemongrass, Cornflower,
Konjac.
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“Companies are
constantly displaying their efforts towards manufacturing products derived from
organic raw material and decreasing use of potentially harmful chemicals such
as parabens, aluminum salts, and phthalates and other harmful ingredients and
they believe that chemical absorption through skin can occur without being
noticed”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Global
Organic Personal Care Market
By Product Type
(Skin Care, Hair Care, Oral Care & Others (Manicure, Pedicure, etc.)), By
Distribution Channel (Drug Stores, Hypermarket/Supermarket, E-Commerce, Specialty Stores,
Departmental Stores & Others (Beauty Parlors, Grocery Stores, Convenience
Stores, etc.)), By Region, Competition, Forecast and Opportunities, 2026”, has evaluated the future growth potential of global organic personal care market and provides statistics and
information on market structure, size, share, and future growth. The report is
intended 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
present in the global organic personal care market.
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