Will Natural Skin Care Products Ever Rule the World?
The last
few years have witnessed an exponential growth in both organic and natural
skincare industry and organic products sector is considered as the fastest
growing dynamic in the personal care sector globally. The primary reason behind
this rise is mainly due to the new age customer is becoming smart and awareness
is rising about the hazards of synthetic chemicals. It has fueled the demand
for natural and organic skincare products.
There is a
steady growth in the organic and natural market, due to a rise in income,
lifestyle changes and increasing awareness. It is also estimated that the
natural cosmetics market hit more than $17 billion last year and it is
forecasted it will have an annual growth rate of 10% until 2019.
As per the
latest research was done by Persistence Market, it has been found that with the annual
increment of the demand of organic products, the market will touch the worth of
$22 billion by the year 2024. This figure estimates growth of 8-10% every
financial year.
The
development in the personal care products is mainly driven by the expansion in
the distribution channels. Also, the rise in the online increment of the
customers and the modern retailers are providing premium personal care product
shelves. Additionally, the development in the new products, along with the ad
promotions and increasing budget of customers on premium products also play a
key role in the overall growth of the global rise in personal care products.
Using the Natural Oils for creating
high-end facial oils in the Global Market
One of the
biggest reasons that give the natural skincare a major boost is the use of Natural Skin Oils for both body and face. Also, the oils also add additional value to the
products, whose benefit is directly witnessed by the consumers.
The facial
oils have especially witnessed a major rise in the last couple of years. The
fear of applying the oil on the face is going away and they understand the long
term benefits that these oils are giving them to their face and skin.
You may
like to watch a Video on The Top 8 Best
Essential Oils for Natural Skin Care by All Natural Home
Looking at the eastern culture
The
cosmetic products originated from the ancient principles of Ayurveda have
witnessed a steady rise in sales in the last couple of months. Ayurveda
skincare brands such as Urban Vedas had a strong belief in giving value to the
plants and herbs as they are naturally intended. These are the source of fresh
and pure ingredients, as per the Ayurvedic traditions that create holistic
products, completely free from sulfates, and synthetic perfumes.
Future in Global Market
As per regional segmentation analysis, North America is the main market
and is expected to account of 35.5% share in the global market by 2018 end.
Europe and the Asia Pacific are other markets for natural and organic personal
care products, with Japan, China and India being major markets.
Analyst
maintains a positive long-term outlook on the global natural and organic
personal care products market, anticipating global revenue to exceed
US$21,776.9 Mn by 2024, at an annual growth of 8.8% during this period.
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