Natural Cosmetics Market is Estimated to increase at a CAGR of 4.9% by 2027

Natural cosmetics sales surpassed 2 billion units in 2018, totaling a market value worth US$ 36 billion in 2019. A new study by FMI forecasts that natural cosmetics market will grow at 4.8% in 2019. Key factors fuelling demand for natural cosmetics include,

Growing consumer concerns regarding the side effects of chemicals in cosmetics & toiletries Demand for natural ingredient percolating from food to non-food products including cosmetics & personal care Dissemination of knowledge regarding benefits of natural ingredients and increasing ethical consumerism

The study finds that household consumption of natural cosmetics remains higher as compared to their demand in commercial spaces of salons & spa. Consumer preference for organic and natural products is no more limited to food & beverages landscape, with organic cosmetics sales surging in recent years. According to FMI, sales of natural cosmetics in the household segment is likely to account for over two-third of the global revenues in 2019.  

Hair Care Natural Cosmetics Accounted for Nearly One-Third Sales in 2018

The study revealed that in addition to growing popularity of natural skin care products, consumer preference for natural hair care products is also growing. Plant-based hair care products are witnessing popularity among an increasingly growing consumer demographic looking for chemical-free products for daily use. These factors are also fuelling the natural skin care product category, which is set to grow at over 5% in 2019 over the previous year. 

 “Skincare and hair care products are among the traditional products used for grooming and have witnessed significant evolution in formulations wherein plant-based and organic products are trending in the cosmetics & personal care industry. A combination of hair care and skin care products accounted for over half the natural cosmetics market revenues in 2018 and the status-quo will continue in the coming years,” says FMI.

Unisex Natural Cosmetics Top Selling, Male Products Gaining Traction

The study finds that sales of unisex natural cosmetics have spearheaded the market for many years. In 2019, the trend is likely to continue and the sales of unisex natural cosmetics will hold over one-fourth of the global revenues. Consumers’ greater orientation towards unisex natural cosmetics can be attributed to their higher sales in the market.

The increasing interest of male grooming is a new trend in the industry which is expected to translate into higher sales in the ‘for men’ category in 2019. Natural cosmetics for females are also gaining popularity, as local manufacturers use their traditional herbal know-how in delivering broader and safer natural cosmetics portfolio.

Distributors Accounted for 2 in 10 Sales of Natural Cosmetics in 2018

FMI’s thorough study of the distribution network of the natural cosmetics market reveals that wholesalers or distributors remain the preferred choice for the purchase of natural cosmetics among consumers. Over 2 in 10 natural cosmetics products were sold through wholesaler or distributors in 2018.

Apart from this conventional sales channel, consumers also prefer convenience stores to purchase natural cosmetics. While sales through convenience stores were comparable to that of wholesalers or distributors, hypermarket/supermarket and specialty stores also continue to register considerable unit sales of natural cosmetics. Consumers also chose online purchase option, however, limited options of premium products restrict the sales as consumers prefer cost-effective and reliable products.

Natural Cosmetics Sales in Europe Continue to Surge

FMI opines that Europe will be the largest consumer of natural cosmetics and APEJ and North America are expected to follow suit. Europe has a sophisticated legislative framework for cosmetic market players to enter the EU market.

Further, Europe’s love for natural plant-based ingredients combined with the region’s efforts to promote sustainability is fueling the demand for natural ingredients. In Europe, demand remains concentrated in EU5 countries which include Germany, France, Italy, Spain and the UK, wherein presence of an extensive distribution network with a number of sales channels, the natural cosmetics market is attracting new consumers.

The FMI report tracks the natural cosmetics market for the period 2018-2027. According to the report, the natural cosmetics market is projected to grow at 4.9% volume CAGR through 2027.

Press Release Source: https://www.prnewswire.com/news-releases/natural-cosmetics-market-are-expected-to-reach-us-54-432-2-mn-by-2027-future-market-insights-300789801.html

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:

Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Latest News

Springboks' 1st black captain gets his chance at history

Mar 31, 2020

TOKYO — It was the week after Siya Kolisi's fourth birthday when Nelson Mandela presented Springboks captain Francois Pienaar with the Webb Ellis Cup in a defining moment for rugby, and for South Africa. Kolisi was 16 when the Springboks won their second Rugby World Cup title. There was no television at his home, he recalls, so he had to go to a tavern to watch John Smit lift the trophy after beating England in the 2007 final in Paris. Twelve years on, the first black player appointed as Springboks captain gets a chance to etch his name in history...

England's response to All Blacks haka results in fine

Mar 31, 2020

TOKYO — England has been fined for crossing the halfway line in its response to New Zealand's pre-match haka at the Rugby World Cup semifinals. World Rugby says England breached "tournament rules relating to cultural challenges, which states that no players from the team receiving the challenge may advance beyond the halfway line." England's players stood in a V-formation as the All Blacks performed the haka, with a half-dozen players beyond the halfway line. World Rugby says the sanction is in line with protocol that operates across the international game. The fine is reported to be 2,500 pounds ($3,200) ___...

The Latest: Scott Barrett into backrow in NZ's only change

Mar 31, 2020

TOKYO — The Latest on Thursday at the Rugby World Cup in Japan (all times local): 11:30 a.m. Scott Barrett will start in the backrow in the only change to New Zealand's starting XV for the Rugby World Cup semifinal against England. The versatile Barrett replaces Sam Cane on the blindside flank as the All Blacks bid to bolster the lineout. Barrett replaced Cane in a tactical change at halftime in New Zealand's 46-14 win over Ireland in the quarterfinals last weekend. He will join brother, fullback Beauden Barrett, in the starting XV. Another brother, Jordie Barrett, is on the...

Sharp-talker Jones says spy filmed England, lobs barbs at NZ

Mar 31, 2020

TOKYO — It's Rugby World Cup semifinals week and Eddie Jones, one of the sport's sharpest talkers, is in full wind-up mode. The team bearing the brunt of the England coach's barbs? England's opponent on Saturday, the world champion All Blacks. The All Blacks' mental skills coach will be "the busiest bloke in Tokyo," Jones said Tuesday. He described New Zealand's journalists as "fans with laptops." He spoke of "omens" in the week of Japan's enthronement of a new emperor. He even made accusations of spying. "There was definitely someone in the apartment block, filming," Jones claimed after England's morning...

Lomu's legacy looms over NZ-England World Cup semifinal

Mar 31, 2020

TOKYO — One trampling run launched Jonah Lomu to global stardom, ensuring his name will be indelibly linked to a Rugby World Cup semifinal between New Zealand and England. The All Blacks winger's rampaging runs during that era-defining World Cup in South Africa in 1995 were highlighted by his four-try haul against England in the semifinals. Before the teams meet in another semifinal this Saturday in Yokohama, there'll be no avoiding remembrances of Lomu's legacy. He died in 2015 at the age of 40 after complications from a kidney disease. One of those tries against England, when he gathered a...

About Us

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.

Contact us: sales[at]frontalreport.com

Subscribe Now!