Market Insights
The Natural Cosmetics Market is estimated to grow at a healthy CAGR of 8.22% during the forecast period.
Natural Cosmetics Market- Research Scope
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Growth
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8.22%
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Major Distribution Channel
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Hypermarket/Supermarket
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Region with the largest share
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Europe
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Key Players
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Korres S.A., Bare Escentuals Beauty Inc., L’Oréal SA, AVEENO, Weleda AG, Arbonne International LLC, Avon Product Inc., Coty Inc., Tata Harper.
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What is Natural Cosmetics?
Topical creams and lotions made from natural components are used in natural skin care. Skin products containing organic and natural components are frequently preferred by customers. The natural-based personal skin-care business has seen rapid expansion. Natural cosmetics are created from natural raw components such as plants and minerals, as well as a renewable natural source. The least amount of processing is done on the raw materials, and the processing methods have the least impact on humans, animals, and the environment.
Covid-19 Impact Analysis
The emergence of covid-19 has caused supply chain delays as a result of the forced closure of brick and mortar stores, putting a damper on cosmetics and personal care products, particularly organic skincare products. The outbreak of covid-19, on the other hand, has contributed to changing market tastes and a proactive search for clean branded and working skin development items, which is expected to fuel their rise at a faster rate during the projection period.
Key Players
Key players operating in the Natural Cosmetics Market are-
Market Dynamics
The rise is expected to be fuelled by rising demand for beauty goods and increased awareness of environmentally friendly products. Manufacturers are introducing natural products as consumers become more conscious of the negative impacts of chemical content in cosmetics. Tata Harper, a well-known player in the market, founded this company after witnessing first-hand the detrimental consequences of synthetic chemicals. Growing public awareness of natural products and their benefits has resulted in an increase in demand. L'Oréal took a move into this new face of the cosmetic industry by launching Botanea, a plant-based hair colour.
Segment’s Analysis
Distribution Channel Trends
Based on Distribution Channel, the Natural Cosmetics market has been divided into Hypermarket/Supermarket, Online Stores, Convenience Stores, Speciality Stores, Wholesale/Distributors, and Club Stores. The Hypermarket/Supermarket accounted for the largest market share in 2020. This segment has been growing in popularity as a result of the benefits of these outlets, such as the ability to scan products before purchasing, along with assistance from store associates in selecting the most appropriate product, is expected to work in favour of this method of purchase.
Regional Trends
By region, the Europe Natural Cosmetics market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. Europe is home to the majority of the big players, as well as a rising number of start-ups producing natural cosmetics. Companies such as L'Oréal SA, AVON Product Inc., and Bio effect are expected to assist Europe in maintaining its leading position over the forecast period.
The Asia Pacific Natural Cosmetics market is expected to grow at a highest CAGR. Asia Pacific has emerged as a developing industry for natural beauty products, thanks to an increase in awareness and the population of working millennial
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Natural Cosmetics market. Following are the critical questions answered in the report.
- What are the key trends in the Natural Cosmetics market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
- What is the impact of COVID-19 on Natural Cosmetics market?
- What are the key strategies adopted by the major vendors to lead in the Natural Cosmetics market?
- What is the market share of the top vendors?
Target Audience
The target audience of Natural Cosmetics Market includes-
- Natural Cosmetics Vendors
- Natural Cosmetics Manufacturers
- Natural Cosmetics Distributors
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