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  • Herbal Beauty Products Market Growth Analysis | 2023-2028

    Herbal Beauty Products Market Growth Analysis | 2023-2028

    Herbal Beauty Products Market Growth Analysis | 2023-2028
    Report code - SRCG228 Delivery - 2 Weeks
    Herbal Beauty Products Market Size, Share, Trend, Forecast & Industry Analysis: 2 See more...

    Market Highlights

    The Herbal Beauty Products Market was estimated at US$ 75.1 billion in 2022 and is expected to grow at a CAGR of 5.6% during 2023-2028 to reach US$ 104.43 billion in 2028.

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    What are Herbal Beauty Products?

    Herbal beauty products are cosmetics and skincare formulations predominantly composed of plant-derived ingredients. These products harness the beneficial properties of botanicals, herbs, and natural extracts to enhance skin and hair health. They are favored for their use of organic and herbal components, minimizing synthetic chemicals and artificial additives. Herbal beauty products cater to individuals seeking a more natural and holistic approach to personal care. They encompass a variety of items like herbal creams, lotions, serums, shampoos, and more, targeting diverse beauty and wellness needs.

    Market Drivers

    The prime factor that is contributing to the demand for herbal cosmetics is growing consumer awareness regarding the harmful effects of chemicals being added to beauty products. The appeal lies in their potential to nourish, rejuvenate, and enhance one's appearance while aligning with a sustainable and eco-friendly ethos.

    Segments Analysis

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    By Product Type

    The herbal beauty products market is segmented into skincare products, hair care products, makeup, color cosmetics, fragrances, and others. The skincare segment is likely to be the largest segment of the herbal beauty products market during the forecast period. The segment is likely to witness the highest CAGR in the forecast period due to the increasing awareness of the benefits of herbal beauty products on the body such as skin improvement, acne reduction, and removal of fine lines to slow down aging processes.

    By Distribution Channel Type

    The market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online stores, and others. The supermarket segment is likely to be the largest segment over the forecast period. These stores offer trained representatives who work very creatively and are generally competent to provide the customer with a high quality of services that eventually impact the salability of the products positively.

    Regional Analysis

    In terms of region, the North American herbal beauty products market is anticipated to grow at the highest CAGR during the forecast period. The demand for herbal beauty products in North America is driven mainly due to green-label products and the willingness of consumers to pay premium prices for natural ingredients-based products. Asia Pacific is anticipated to be the fastest-growing market, where China, Japan, and India, being the major countries with lucrative growth opportunities.

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    Key Players

    Some of the major herbal beauty product manufacturers are-

    • Arbonne International, LLC
    • Bio Veda Action Research Co.
    • Hemas Holdings PLC
    • Klienz Herbal Pvt. Ltd.
    • Lotus Herbals Limited
    • Marc Anthony Cosmetics, Inc.
    • Shahnaz Ayurveda Pvt. Ltd
    • The Himalaya Drug Company
    • Vasa Global Cosmetics
    • Weleda AG.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players and those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Herbal Beauty Products Market 

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The Herbal Beauty Products Market is expected to grow at a CAGR of 5.6% during 2023-2028.

    Arbonne International, LLC, Bio Veda Action Research Co., Hemas Holdings PLC, Klienz Herbal Pvt. Ltd., Lotus Herbals Limited, Marc Anthony Cosmetics, Inc., Shahnaz Ayurveda Pvt. Ltd, The Himalaya Drug Company, Vasa Global Cosmetics, and Weleda AG are among the key players in the Herbal Beauty Products Market.

    The Herbal Beauty Products Market is estimated to reach US$ 104.43 billion in 2028.

    The skincare segment is likely to be the largest segment in the herbal beauty products market in the coming years.

    North America is expected to grow at the highest CAGR in the herbal beauty products market during the next five years.