OrganicPersonal Care Ingredients Market: Introduction
· Rise in awareness about health, primarily skin, has been one ofthe major global trends over the last few years. Skin is the body’s largestorgan; therefore, it is crucial to consider the ingredients used in skincareand cosmetics products. People are increasingly switching from chemicalcosmetics to safe and natural cosmetic products.
· Personal care and cosmetics are a mixture of chemical compoundsand organic ingredients, which are used to enhance the overall appearance andpersonal hygiene. Ingredients of organic personal care products do not containchemicals such as parabens, phthalates, petrochemicals, and aluminum salts,which are harmful.
· Based on product, the organicpersonal care ingredients market can be segmented into naturalsurfactants, emollients, active ingredients, sugar polymers, naturalpreservatives, and others. Natural surfactants are employed in detergents,wetting agents, foaming agents, and dispersants. Emollients are softeningagents used for moisturizing the skin. They are used in the form of creams,ointments, lotions, and gels. Active ingredients are used in organic medicines.These do not have side effects.
Key Drivers of Organic Personal Care Ingredients Market
· Rise in awareness is driving the organic personal careingredient market. Growth in concerns regarding safety and health; and theadverse effects of using synthetic chemicals are estimated to fuel the organicpersonal care ingredients market.
Restraints of Organic Personal Care Ingredients Market
· Dearth of universal directives pertaining to applications oforganic personal care ingredients is expected to restrain the market duringforecast period. Every country has different directives pertaining toapplications of organic personal care ingredients. Companies find it difficultto deal with these country-wise regulations. This is discouraging theinvestment in the organic personal care ingredients market, thereby restrainingthe market.
· The shelf life of organic personal care ingredients is acrucial, as it plays a key role in the overall functioning of these products.Products labelled as organic need to be consumed within a couple of months fromthe date of manufacturing. These products are susceptible to harmful bacterialgrowth, as they do not contain chemical preservatives. This is projected tohinder the organic personal care ingredients market during the forecast period.
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COVID-19 impact on Organic Personal Care Ingredients Market
· The COVID-19 outbreak is hampering the demand for dryconstruction in many applications. Governments of various countries across theglobe have enforced lockdown measures to curb the spread of the disease. Thishas resulted in the slowdown and halt in manufacturing operations, restrictionson supply and transport, and infrastructure slowdown. In turn, this has led toa decline in demand for organic personal care ingredients across the globe.
· Key players operating in the organic personal care ingredientsmarket are primarily tier I and tier II manufacturers and suppliers.Manufacture and supply chain facilities of these manufacturers are spreadacross various countries in Asia Pacific, Europe, North America, Latin America,and Middle East & Africa. Many of these players have halted theirproduction output over the last few months due to the COVID-19 pandemic. Thepandemic has negatively impacted the demand and supply chain of thesematerials.
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North America to Hold Major Share of Organic Personal CareIngredients Market
· Based on geography, the global organic personal care ingredientsmarket can be segregated into North America, Asia Pacific, Europe, LatinAmerica, and Middle East & Africa
· Demand for organic personal care ingredients is high in NorthAmerica. The U.S. is a leading consumer of organic personal care ingredientsdue to high demand for these ingredients in the beauty care industry in thecountry.
· In terms of demand, Europe constituted major share of the globalorganic personal care ingredients market in 2020
· The organic personal care ingredients market in Asia Pacific isanticipated to expand at a rapid pace during the forecast period. Demand fororganic personal care ingredients is high in countries such as Japan, China,and India. The market in India is estimated to expand at a substantial pace inthe near future. Consumption of skin care, hair care, and cosmetic products isrising in China and India since the last few years due to the increase inconcerns regarding aging, effects of UV rays, and hair fall.
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Organic Personal Care Ingredients Market: Key Players
Majorplayers operating in the organic personal care ingredients market are adoptingvarious organic and inorganic growth strategies such as joint ventures, mergers& acquisitions, expansion, collaborations, new product launches, strategicalliances, and research and development to increase their regional presence andbusiness operations. Key players operating in the market include:
· Aubrey Organics
· Weleda
· Amway Corporation
· Oriflame Cosmetics S.A.
· Yves Rocher
· Arbonne International, LLC
· Burt's Bees
· Estee Lauder Companies Inc.
· L'Occitane en Provence
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