The Organic Skin Care Market is estimated to reach $6.8 billion by 2027, growing at a CAGR of 9.4% over the forecast period 2022-2027. The beauty and personal care sector is undergoing a transformation, with consumers' perceptions of diverse goods changing rapidly. Customers express interest in learning more about the product, its components and its advantages. Customers strive to incorporate items that contain beeswax, fatty acids, essential oils and plant extracts. The market for Organic Skin Care products has benefitted from growing customer interest, which has raised awareness about the dangerous chemicals present in conventional skin care products.
Organic Skin Care Market Report Coverage
The report: “Organic Skin Care Market – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Organic Skin Care Market.
Key Takeaways
- Customers are growing more concerned about animal welfare and are avoiding skin care products that involved animal cruelty. This has a significant impact on their purchasing patterns.
- The market for Organic Skin Care products is expanding as a result of the rising number of health-conscious consumers.
- Over the course of the forecast period, demand for Organic Skin Care products is anticipated to increase as a result of rising consumer preference for chemical-free beauty products and the expansion of the ideas of creams, serums and moisturizers infused with organic components.
- A detailed analysis of strengths, weaknesses, opportunities and threats would be provided in the Organic Skin Care Market Report.
- Organic Skin Care Market Segment Analysis – by Product:
Based on product type, the Organic Skin Care Market is further segmented into Face Cleanser, Face Cream & Moisturizers, Face Serums, Body Cream & Moisturizers, Body Wash and Others. The Face Cream & Moisturizers segment held the largest revenue share in the market in 2021. A variety of organic moisturizers that contain beeswax, essential oils and plant extracts are available for different skin types, including dry, oily and textured skin. However, the Face Serum segment is estimated to grow at the fastest CAGR of 10.0% over the forecast period 2022-2027. This is mainly because consumers are experiencing skin-related issues like dullness and hyperpigmentation due to growing pollution. Plant extracts, essential oils, beeswax fatty acids, mulethi and ashwagandha are among the active ingredients found in organic face serums that assist in combating the aforementioned skin conditions and balancing out the skin tone.
Organic Skin Care Market Segment Analysis – by Distribution Channel:
Based on Distribution Channel, the Organic Skin Care Market is further segmented into Supermarkets/Hypermarkets, pharmacies & drugstores, e-commerce and others. The Supermarket/Hypermarket segment held the largest revenue share in the market in 2021 due to the rising customer preference for buying skin care products offline. A Retail Sector report from August 2021 claimed that 68% of UK consumers admitted that they prefer to purchase personal care items offline due to the in-person shopping experience. The majority of brands launch their products through grocery store giants like Walmart and Target in order to reach the largest audience. This is boosting the segment's growth.
However, the e-commerce segment is anticipated to grow at the fastest CAGR of 9.7% over the forecast period 2022-2027. With direct-to-consumer e-commerce channels such as brand websites, shoppable social media platforms and marketplaces becoming increasingly significant, post-pandemic tendencies have also increased. Consumers across the globe predict they would increase their online activity and expenditure.
Organic Skin Care Market Segment Analysis – by Geography:
Based on Geography, the Asia-Pacific Organic Skin Care Market accounted for 34% of revenue share in 2021 and it is estimated to grow at the fastest CAGR during the forecast period 2022-2027. Sales of organic cosmetics in the region are predicted to increase as a result of increased consumer knowledge, evolving lifestyles, rising disposable income and growing health and environmental concerns. Additionally, this market is anticipated to grow over the course of the forecast period due to increased spending in regional branding and advertising campaigns for organic skincare products. Furthermore, China is the market leader in Asia-Pacific, followed by Japan, South Korea and other countries.
Organic Skin Care Market-Drivers
Millennials' Growing Interest in Skincare:
The millennial generation (especially the males) is becoming more aware of the advantages of skincare, which would support market expansion. A good skin care regimen can reduce acne brought on by environmental factors like pollution and UV rays and help skin seem more radiant. According to a blog post from the men's skincare firm TIEGE HANLEY from 2020, 60% of males between the ages of 18 and 24 use skincare products. Men are increasingly choosing chemical-free skincare over traditional skincare as a result of increased awareness of the advantages offered by these products, which is driving the expansion of the Organic Skin Care industry.
Increasing Incidence of Skin Problems Caused by Synthetic Compounds:
The rising prevalence of skin problems caused by synthetic substances in beauty and cosmetics is predicted to enhance sales. Synthetic chemicals that cause allergic reactions, acne, pimples, rashes and other skin-related issues include butylparaben, propylparaben and methylparaben. As a result, the major players are introducing organic products. According to the 2021 Journal of Retailing and Consumer Services, approximately 60% of the population believes that traditional personal care products are hazardous and 92% of consumers want rigorous rules for the substances that can be used in synthetic personal care products. The vast majority of customers are yet to switch to natural personal care products as a safer option, despite realizing these problems. The popularity of natural personal care products and the rise in worldwide awareness about them is accelerating the growth of the Organic Skin Care industry.
Organic Skin Care Market - Challenge
Potential Adverse Reactions Caused by the Usage of Some Natural Compounds:
Reactions to allergens are extremely common. The body produces antibodies in response to the allergen, which releases chemicals to "fight" the allergen. Symptoms of allergic reactions typically affect the nose, lungs, throat, skin, stomach, sinuses or ears and can range from moderate to life-threatening. The most frequent allergic response to essential oils is allergic contact dermatitis. It happens when one becomes allergic to an allergen and responds after being exposed to it again. Due to the delayed nature of the hypersensitive reaction, symptoms may not appear for 12 to 72 hours after exposure. When the skin is exposed to a poisonous or irritating chemical, this type of allergic reaction happens. Lemon, lime, orange and bergamot are just a few of the citrus essential oils that are known to trigger photosensitive reactions. Hence, the usage of some natural compounds can cause reactions that are impeding the expansion of the Organic Skin Care industry.
Organic Skin Care Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Organic Skin Care Market. The top 10 companies in the Organic Skin Care Market are:
- Shiseido Company Ltd
- Natura & Co
- The Estee Lauder Companies
- True Botanicals
- Yves Rocher
- The Hain Celestial
- Purity Cosmetics
- Forest Essentials
- Weleda AG
- Tata Harper
