Beauty Goes Green: What’s Fueling the Global Rise in Organic Skincare?
According to MRFR Analysis, the global market for organic personal care products was estimated to be worth USD 20.37 billion in 2023 and is expected to rise at a compound annual growth rate (CAGR) of 5.32% from 2024 to 2032, reaching USD 32.71 billion. Young people's growing awareness of beauty, their growing desire for natural goods, and the influence of social media on purchasing habits are the main factors propelling the industry. Revenue-wise, the skin care sector leads, and non-store-based distribution channels are predicted to expand at a compound annual growth rate (CAGR) of 6.10%. Due to increased consumer awareness of skin health, North America leads the market, followed by Europe and Asia-Pacific, which is expected to develop at the quickest rate.
Organic Personal Care Products are derived using ingredients that have been approved as organic by authorized certifying agencies. Organic ingredients used in the production of personal care products are produced without the use of synthetic chemical compounds. The global market for organic personal care products has recorded enormous growth in recent times. The market's growth is attributed to the growing consumer inclination towards organic personal care products owing to the rising consumer awareness related to the adverse effects of synthetic personal care products.
Segment Analysis
The global Organic Personal Care Products Market has been fragmented into various segments based on distribution channel, product type, and region.
Based on the distribution channel, the organic personal care products market is divided into non-store-based and store-based.
Based on the product type, the global market for organic personal care products is split into fragrances, oral care, skincare, nail care, hair care, and others.
Regional Analysis
The global market for organic personal care products is analyzed across five major regions: North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
As per the research reports by MRFR, the European region is anticipated to lead the global organic personal care products market over the assessment era. The region is further divided into Spain, Italy, France, Germany, the UK, and the rest of Europe. The regional market's growth is attributed mainly to the growing consumer awareness concerning the multiple benefits of organic personal care products. Furthermore, the technological upgrades and advanced product development are also anticipated to boost the regional market's growth over the coming years.
The Asia-Pacific region's organic personal care products market is likely to exhibit enormous growth over the forecasted era. The region is further categorized into Australia, New Zealand, Japan, India, China, and the rest of Asia-Pacific. The regional market's growth is accredited to the growing consumer awareness regarding the health benefits of organic personal care products and the increasing per capita disposable income.