Natural Skin Care Products Market Growth Rate, Business overview, And Application Forecast To 2028

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Revenue growth is driven by key factors such rising consumer awareness about the benefits of natural ingredients in skin care products.

The global natural skin care products market size is expected to reach USD 17.40 Billion by 2028 at a CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data. Key factors driving market revenue growth include increasing customer awareness regarding benefits of natural ingredients in skin care products. Rising environmental concerns as well as harmful effects of chemicals on skin has prompted a shift in customer preference towards skin care products that contain more natural ingredients. Skin care has been gaining focus due to climate change and air pollution and resultant effects on skin tone and conditions such as tanning and dry skin among others, and this has been resulting in an increasing number of customers seeking natural ingredients in products they prefer, and for products that are less likely to cause long-term damage to the skin.

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Top Profiled Companies in the Global Natural Skin Care Products Market Report:

Procter Gamble, Estee Lauder, Mama Earth, Unilever, Clorox Co., Honest Co., The Body Shop, Loreal, FOM London Skincare, and Bloomtown.

Some Key Highlights From the Report:

  • The mass segment accounted for significantly larger revenue share among the type segments in the market in 2020. A large number of manufacturers offering natural skincare products, which can be used on a regular basis while keeping product affordability in mind, is a primary factor boosting revenue growth of this segment.
  • The facial caresegment accounted for larger revenue share in the market in 2020, which can be attributed to rising preference for complex facial care routines among both men and women.
  • Based on end-use, the market is segmented into men, women, and children. The women segment led in terms of revenue share in the market in 2020.
  • In 2020, hypermarkets and retain chain segment dominated the other distribution channel segment in terms of revenue share. hypermarkets and retain chains deploy a strategy to provide natural and chemical-free categories to raise consumer interest and encourage a purchase decision from a range of products before buying.
  • Europe dominated other regional markets in 2020. Consumers in countries such as the U.K., Italy, France, and Germany are well informed about benefits of natural skin care products, and prefer natural, herbal, and organic care for skincare routines.
  • Asia Pacific is expected to register the fastest revenue CAGR as compared to that of other regional markets in the global natural skin care products market over the forecast period. Traditional Asian skin care routines have been gaining rapid popularity in countries across the globe, and the spa tourism trend in countries such as Thailand and others in the region is expected to support growth of the Asia Pacific market over the forecast period.

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

 

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Further market segmentation

Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Mass
  • Premium

Product Outlook (Revenue, USD Billion, 2018 - 2028)

  • Facial care
  • Body care

End-use Outlook (Revenue, USD Billion, 2018 - 2028)

  • Men
  • Women
  • Children

Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2028)

  • Direct Selling
  • Hypermarkets Retail Chain
  • E-commerce
  • Specialty Stores
  • Others

Key Takeaways of the Global Natural Skin Care Products Market Report:

  • A comprehensive overview of the global Natural Skin Care Products industry.
  • Accurate market projections in terms of market size, share, and volume.
  • Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
  • Deep-dive analysis of the upcoming market trends.
  • Qualitative and quantitative analyses of the global Natural Skin Care Products market.
  • Elaborate study of the leading regional markets in the global Natural Skin Care Products market.
  • Complete overview of the market’s competitive landscape.
  • Brief look at the company profiles and portfolios.

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