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Natural Cosmetics Market Trends

Report ID: GMI7626
Published Date: Dec 2023
Report Format: PDF

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Natural Cosmetics Market Trends

Natural Cosmetic Market Size, By Products Type, 2021 - 2032 (USD Billion)

The market is experiencing a significant surge, driven in part by the rapid progression of the e-commerce industry. Consumers increasingly prefer the convenience of online shopping, allowing them to explore and purchase a wide array of natural beauty products from the comfort of their homes. E-commerce platforms provide an extensive reach for natural cosmetic brands, enabling them to connect with a global audience and educate consumers about the benefits of their products.

A prevailing trend in the business is the move towards customization and personalization. Consumers are seeking beauty products that cater to their unique skin types, tones, and concerns. Brands are responding by offering customizable formulations that allow customers to tailor their skincare and makeup to meet their specific needs.

In response to heightened environmental awareness, the industry is witnessing a noteworthy shift towards eco-friendly and zero-waste packaging. Brands are increasingly adopting sustainable packaging solutions, such as biodegradable materials, recyclable containers, and minimalist designs to minimize their environmental impact. This trend aligns with the values of environmentally conscious consumers who seek products that not only feature natural and organic formulations but also contribute to reducing plastic waste.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Global market size for natural cosmetics was USD 37.9 billion in 2023 and is expected to register over 5.1% CAGR from 2024-2032 due to the rise in expenditure on health and hygiene products, as consumers worldwide are increasingly prioritizing wellness.

The skin & sun care product segment recorded USD 15.5 billion in 2023 and is expected to register appreciable CAGR from 2024-2032 owing to the growing awareness of the importance of natural ingredients in promoting skin health.

The bottles and jars packaging type segment held 35% share of the industry in 2023 and is expected to register commendable CAGR from 2024-2032 due to their versatility and suitability in various cosmetic formulations.

L'Oréal S.A., The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., Shiseido Co., Ltd., and Unilever PLC are some of the major natural cosmetics companies worldwide.