The global natural skin care products market size is expected to reach USD 17.40 Billion by 2028 at a CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data. Key factors driving market revenue growth include increasing customer awareness regarding benefits of natural ingredients in skin care products. Rising environmental concerns as well as harmful effects of chemicals on skin has prompted a shift in customer preference towards skin care products that contain more natural ingredients. Skin care has been gaining focus due to climate change and air pollution and resultant effects on skin tone and conditions such as tanning and dry skin among others, and this has been resulting in an increasing number of customers seeking natural ingredients in products they prefer, and for products that are less likely to cause long-term damage to the skin.
In the coming years, growth of the natural skin care products market is expected to increase significantly. This is evident by a recent survey that showed that 75% of consumers prefer to purchase goods that have lower impact on the environment. Consumers are also more willing to pay for all-natural goods, according to 40% of respondents. It was also indicated that despite the higher price tag, customers are willing to pay premium price for items that prioritise wellness.
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Top companies profiled in the report include: Procter & Gamble, Estee Lauder, Mama Earth, Unilever, Clorox Co., Honest Co., The Body Shop, Loreal, FOM London Skincare, and Bloomtown..
Competitive Landscape:
The global Natural Skin Care Products market is fragment owing to presence of numerous key players operating on a global and regional scale. The leading market players are focusing on expansion strategic alliances and expansion plans such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, government and corporate deals, and product launches to broader their product portfolio and gain a robust footing in the global market. The section also provides an assessment of industrial supply chain, technological upgrades and advancements, production and manufacturing capacity, global market position, gross profit margins, and SWOT analysis and Porter’s Five Forces analysis for each company to offer competitive edge to the readers.
For the purpose of this report, Reports and Data has segmented the global natural skin care product market report on the basis of type, product, end-use, distribution channel, and region:
Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Mass
- Premium
Product Outlook (Revenue, USD Billion, 2018 – 2028)
- Facial care
- Body care
End-use Outlook (Revenue, USD Billion, 2018 – 2028)
- Men
- Women
- Children
Distribution Channel Outlook (Revenue, USD Billion, 2018 – 2028)
- Direct Selling
- Hypermarkets & Retail Chain
- E-commerce
- Specialty Stores
- Others
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The report further studies the market growth, market size, revenue contribution, recent technological advancements, research and development activities, production and consumption patterns, recent strategic alliances in the market, and robust presence of key market players in each geographic region. Regional analysis covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Objectives of the Report:
- Identification of the significant trends and emerging trends of the Natural Skin Care Products industry
- Analysis of the drivers and restraints and opportunities to identify growth segments
- Analysis of the competitive landscapes along with expansions, agreements, new product launches, acquisitions, mergers, and other strategic business plans
- SWOT analysis, feasibility study, investment return analysis, and Porter’s Five Forces Analysis to provide a comprehensive study of the key players
- Complete analysis of the current and future market scenario of the Natural Skin Care Products industry
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