The global organic personal care products market is growing at a CAGR of 10.1% during the forecast period (2019-2024). Organic personal care products have been around for many decades; however, they have gained prominent momentum lately due to greater end-user awareness of product safety and growing concerns about the environment, as a result of the use of conventional cosmetic products. Organic personal care product vendors usually target perfectionists, and brand conscious, brand loyal and novelty conscious users, who are more likely to choose organic and natural cosmetic products over synthetic products. The recent trends in the organic personal care market can be dissected by analyzing the types of cosmetic users and their subsequent behaviours. By product type, skin care products segment dominates the global personal care products market.
Scope of the Report
The global organic personal care products market broadly covers the products associated with hair care, skin care, lip care, deodorant and antiperspirant, bath and shower, oral care, and men's grooming. The distribution channels such as hypermarket/supermarkets, specialist retail stores, online retail stores, and other channels are supporting the sales of the market. The study also covers the market insights at global level.
Key Market Trends
Organic Skin Care Dominates the Global Market
The skin care products market includes facial care and body care. Skin sensitivity and awareness about the harmful effects of chemicals and synthetic products are few factors augmenting the growth of this market. Moreover, the higher cost of organic products or ingredients is no longer a restraint for the growth of the organic market, as people are willing to put health before wealth. The cost of the organic products is high due to the low availability of the resources, the time taken for manufacture and the cost of the packaging materials. The organic products market is a niche market and hence has a high cost of operations, related to the field. However, it is expected that with the rapid growth of the market, it will become an established sector and the costs will be competitive to the products dominating the market presently.
Asia- Pacific dominates the Global Organic Personal Care Market
Asia-Pacific holds great potential in the personal care products market. The region is expected to see the fastest growth during the forecast period. An ageing population coupled with increasing disposable income, with a rising number of women in the workforce, are few factors driving the organic personal care products market in the region. In the region, China is the biggest market for organic personal care products and has been expanding rapidly over the past few years. In addition, organic living is a growing trend in developing countries like India and consumers are increasingly opting for organic products in their daily life. Increasing awareness about beauty & wellness and quickly changing lifestyles are major drivers in this region.
The global organic personal care products market is highly fragmented and is dominated by small manufacturers across the globe. LÕOrŽal S.A., Beiersdorf AG, and Korres S.A. Natural Products are few key players prominent in the market. Major companies are investing heavily in research and development to introduce organically sourced product ranges in the market in order to address the growing demand among consumers.
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1.1 Study Deliverables & Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Hair Care
5.1.2 Skin Care
5.1.3 Lip Care
5.1.4 Deodrant and Antiperspirant
5.1.5 Bath and Shower
5.1.6 Oral Care
5.1.7 Men's Grooming
5.2 By Distribution Channel
5.2.2 Specialist Retail Stores
5.2.3 Online Retail Stores
5.3.1 North America
22.214.171.124 United States
126.96.36.199 Rest of North America
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
5.3.3 Asia Pacific
220.127.116.11 Rest of Asia-Pacific
5.3.4 South America
18.104.22.168 Rest of South America
5.3.5 Middle East and Africa
22.214.171.124 South Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Key Staretegies Adopted
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 L'OrÂŽal S.A.
6.4.2 Beiersdorf AG
6.4.3 The Estee Lauder Companies Inc.
6.4.4 Korres S.A. Natural Products
6.4.5 Arbonne International, LLC
6.4.6 Bio Veda Action Research Co.
6.4.7 L'Occitane Groupe S.A.
6.4.8 Oriflame Cosmetics AG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.