Organic Personal Care Products Market Revenue Share, Investment Strategies, Development and Control by 2027
Organic products are gaining traction of the personal care industry. Market Research Future (MRFR) projects in its recent study that the global organic personal care products market is anticipated to grow steadily over the review period 2017 to 2022. The changing lifestyle of the people, especially in the urban areas, coupled with increasing purchasing power, is expected to favor the expansion of the market in the forthcoming years.
Product safety is the primary driver of the global organic
personal care products market. The rising awareness about preservatives and
other harmful chemicals used in the personal care products has led to a shift
in demand towards organic ingredients. The organic products are priced higher
than the traditional ones, but the demand is expected to exhibit a steep rise
owing to consumer awareness about the benefits of eco-friendly products. Also,
the environmental concerns are projected to support the growth pattern of the
organic personal care products market over the next couple of years.
Organic
Personal Care Products Market Analysis
Competitive Dashboard:
The noted players profiled in this MRFR report are Alticor
Inc. (U.S.), Kao Corp. (Japan), Avon Products Inc. (U.S.), L'oréal Group
(France), Procter & Gamble Co. (U.S.), Mary Kay Inc. (U.S.), Revlon Inc.
(U.K.), Oriflame Cosmetics S.A. (Switzerland), Shiseido Co. Ltd. (Japan), and
The Estée Lauder Companies Inc. (U.S.).
Regional Analysis:
By region, the global organic personal care products market
has been segmented into North America, Europe, Asia Pacific, and the Rest of
the World (RoW). Asia Pacific signifies strong developmental opportunities. The
exponentially growing population, coupled with rising per capita income, is
projected to drive the proliferation of the organic personal care products
market of the region over the assessment period. Also, the favorable regulatory
laws of the region are anticipated to attract investments from global leaders,
thus, supporting market expansion. North America and Europe are projected to
exhibit moderate growth in the upcoming years. Increasing awareness about
preservatives such as parabens is likely to catalyze the growth of the regional
organic personal care products markets.
Industry News:
In April 2019, O.B., a progressive tampon brand,
announced the launch of all-new product line of 100% certified organic cotton
tampons with or without a Tru-Comfort plant-based applicator.
In March 2019, Garnier, a cosmetic brand, has
launched its new range of organic skin care products.
In December 2018, the world’s first potato-based
organic skincare brand, Pototaly, is launched in China and will be penetrating
the U.S. market in 2019.
In October 2018, a premium organic skincare brand,
Ikkai, has been unveiled by beauty brand Lotus Herbals at the Lotus Makeup
India Fashion week held in New Delhi, India.
Complete Report Details @ https://www.marketresearchfuture.com/reports/organic-personal-care-products-market-1957
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