Herbal Cosmetics Market by Product and Geography - Global Forecast and Analysis 2019-2023

  • Published: Sep 2019
  • Pages: 133
  • SKU: IRTNTR32055
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The global herbal cosmetics market size will grow by USD 33.07 billion during 2019-2023. This market report provides a detailed analysis of the market by product (skin care, hair care, and body care) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including APCOS NATURALS Pvt. Ltd., Arbonne International LLC, Emami Ltd., L’Oréal SA, Patanjali Ayurved Ltd., The Hain Celestial Group Inc., The Himalaya Drug Co., The Procter & Gamble Co., Three-N-Products Pvt. Ltd., and Weleda AG.

Key Insights on Herbal Cosmetics Market - Global Forecast 2019-2023

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Industry Overview

Herbal cosmetics and cosmeceuticals are gaining popularity because of their natural and nutritional content and high efficacy compared to chemical cosmetics. The benefits of using cosmetics with ayurvedic ingredients are being blogged about and endorsed on social media platforms, which is helping vendors gain increased exposure. To increase the visibility of products and brands, vendors are also focusing on strengthening their distribution network in the organized retail sector through marketing, branding, and promotional activities. Additionally, prominent vendors offer a wide variety of their products through specialty stores, giving them an edge over other small and medium-sized companies. As a result of these factors, the number of retail stores will increase across the world. This will subsequently increase the sales of herbal cosmetics, fueling market growth.

There is a growing preference for doorstep personalized beauty services. Such services have emerged primarily owing to the ubiquitous use of smartphones and the need for convenience. Makeup and other beauty service providers, such as Housejoy and GLAMSQUAD, have leveraged the convenience of technology and customer demand for home services and have started offering doorstep services. The growth of the market trend will significantly contribute to herbal beauty products market growth as the individuals availing such services are aware of the adverse effects of chemical beauty products and the benefits of herbal cosmetics. As a result of these factors, the market the ayurvedic cosmetics market will register a CAGR of over 6%.

Top Companies in Herbal Cosmetics Market

The global market is moderately fragmented. To help clients improve their market positions, this herbal cosmetics market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. The report also includes information on the upcoming herbal cosmetics market trends and challenges that will influence growth. This will help companies in creating strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading herbal cosmetics manufacturers, including:

  • APCOS NATURALS Pvt. Ltd.
  • Arbonne International LLC
  • Emami Ltd.
  • L’Oréal SA
  • Patanjali Ayurved Ltd.
  • The Hain Celestial Group Inc.
  • The Himalaya Drug Co.
  • The Procter & Gamble Co.
  • Three-N-Products Pvt. Ltd.
  • Weleda AG.

Market Segmentation

Herbal Cosmetics Market by Product

  • Skin care
  • Hair care
  • Body care

The skin care segment held the largest market share in 2018, and it will account for the highest herbal cosmetics market share over the forecast period. The growing consumer awareness about the adverse effects of chemical skin care products will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the herbal cosmetics market growth.

Herbal Cosmetics Market by Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest share of the herbal cosmetics market throughout the forecast period. The presence of prominent vendors, rising concerns about personal hygiene and wellness, and the growth of e-commerce platforms are contributing to herbal cosmetics industry growth in the region.

Major Highlights of the Herbal Cosmetics Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the herbal cosmetics market during the next five years
  • Precise estimation of the global herbal cosmetics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the herbal cosmetics industry APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of herbal cosmetics companies

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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