The organic personal care products market will likely witness dramatic revenue growth. The steady rise in consumer preference for natural and organic products is a key market driver. According to Market Research Future (MRFR), the global organic personal care products market is poised to escalate from USD 19.2 BN in 2022 to USD 32.71 BN by 2032, with a 6.10% CAGR during the review period (2023-2032).
Factors such as the growing awareness about the harmful effects of synthetic compounds and increasing consumer inclination towards chemical-free and natural products are major driving forces behind the increased market sales. Considering the growing demand for organic products, manufacturers are accentuating on using organic ingredients to formulate them.
Personal care products must comply with provisions suggested in the Food and Drugs Act and its regulations regarding composition, safety, labeling, and advertising. These products are also subjected to the provisions of the Consumer Packaging and Labelling Act and Regulations. Organic personal care products are considered safer and more beneficial than regular products of this category, which increases their use, creating huge market demand.
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Organic Personal Care Products Market – Segments
The market analysis is segmented into product types, distribution channels, and regions. The product type segment is sub-segmented into skin care, hair care, oral care, nail care, fragrances, and others. The distribution channel segment is sub-segmented into store-based and non-store-based. By regions, the organic personal care products market is segmented into the Americas, Europe, Asia-Pacific, Middle East & Africa, and the rest of the world.
Organic Personal Care Products Market – Regional Analysis
North America leads the global organic personal care products market. The exceptionally high production and the augmenting demand for personal care products that are formulated with natural ingredients drive the market growth.
Consumers in this region are inclined towards natural & organic personal care products to avoid further complications such as skin allergy caused due to excessive usage of synthetic ingredients. The US is the largest exporter of personal care products. The county is witnessing significant R&D investments to develop innovative products made with natural and organic ingredients.
Organic Personal Care Products Market – Competitive Landscape
The highly competitive organic personal care products market looks fragmented due to the presence of many notable players. Encouraged by the constantly changing consumer preferences and demands, manufacturers operating in the market try to offer natural and organically formed ingredients for beauty & personal care products. They are ready to invest time and money in the required formulation work & process and R&D.
Major Players
Leading organic personal care products market players include Revlon Inc. (US), The Estée Lauder Companies Inc. (US), Unilever PLC (UK), The Procter & Gamble Company (US), Shiseido Company Limited (Japan), L’Oréal S.A.(France), Beiersdorf AG (Germany), Coty Inc. (US), and Kao Corporation (Japan), among others.
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Industry/ Innovation/ Related News
Sep. 27, 2023 – TERRA launched premium eco-friendly personal care products in India. The move marks TERRA’s debut in the Indian market, following the success of its Organic Biodegradable Baby Wipes in the USA and New Zealand. TERRA manufactures premium eco-conscious and organic personal care products.
The company ensures that all its manufacturing process integrates futuristic technology to deliver safe, sustainable, and uncompromised quality products. It also ensures that all raw materials & products undergo rigorous testing and certification from SGS, FSC, Dermatest, Intertek, and the prestigious New Zealand FernMark.
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