Global Herbal Beauty Products Market, By Form (Solid, Semi-solid, Liquid), Product (Skin Care, Hair Care, Fragrance, Others), End-Use (Men, Women), Distribution Channel (Hypermarkets, Pharmacy and Drug Stores, E-Commerce, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Herbal Beauty Products Market
The herbal beauty products market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.20% in the above-mentioned forecast period.
Cosmetics are basically the products applied on face or body to alter or enhance appearance of the face and texture of body. Herbal cosmetics are products that contain natural compounds derived from a variety of natural sources that influence skin functions and provide nutrients for healthy skin and hair. These products are free of all synthetic chemicals that are harmful to your health.
The surging expenditure by population on lifestyle and appearance is the major factors fostering the growth of the market in the forecast period of 2022 to 2029. The rising focus on appearance along with increased acceptance of herbal products among consumers are also projected to bolster the market’s growth within the forecasted period. Additionally, the preferences for chemical-free beauty products, prevalence of multinational brands coupled with growing awareness about cruelty-free cosmetics also accelerates the demand for herbal beauty products. Moreover, the significant increase in the influence of social media and beauty blogs that communicate the benefits of herbal beauty products is also expected to bolster the growth of the market. However, the shifting consumer preferences is expected to impede market’s growth. Unavailability of raw material and the high cost of the herbal products as they more expensive and premium-priced than synthetic beauty products are also a major factors to hamper the market’s growth within the forecasted period.
The social media trends and beauty blogs and celebrity endorsement is commanding attention and attracting huge investments generate growth opportunities in the long run. The lack of standardization of process and adherence to policies pose as a challenge for the market.
This herbal beauty products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on herbal beauty products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Herbal Beauty Products Market Scope and Market Size
The herbal beauty products market is segmented on the basis of form, product, end-use and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of form, herbal beauty products market is segmented into solid, semi-solid and liquid.
- On the basis of product, herbal beauty products market is segmented into skin care, hair care, fragrance, and others.
- On the basis of end-use, herbal beauty products market is segmented into men, and women.
- On the basis of distribution channel, herbal beauty products market is segmented into hypermarkets, pharmacy and drug stores, E-commerce, and others.
Herbal Beauty Products Market Country Level Analysis
The herbal beauty products market is analyzes and market size insights and trends are provided by form, product, end-use and distribution channel as referenced above.
The countries covered in the herbal beauty products market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the herbal beauty products market owing to the rapid growth of young appearance conscious population, rising preferences towards natural products along with increasing willingness to pay of the consumer for premium products within the region in the forecast period of 2022 to 2029. Asia-Pacific region, on the other hand, is expected to score the highest CAGR owing to the rising demand of the herbal and natural products within the above-mentioned forecast period.
The country section of the herbal beauty products market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Herbal Beauty Products Market Share Analysis
The herbal beauty products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to herbal beauty products market.
Some of the major players operating in the herbal beauty products market report are Weleda, Bio Veda Action Research Co., ARBONNE INTERNATIONAL, LLC, Vasa Global Cosmetics., Himalaya Wellness Company, Shahnaz., Lotus Herbals., MAV Beauty, Hemas Holdings PLC, Khadi Natural., Vaadi Herbals, justherbs., Forest Essentials, AYUR HERBALS, JOVEES, S.W. BASICS, HERBLINE, VLCC Personal Care, GROWN ALCHEMIST, and The Estée Lauder Companies, among others.
- In March 2021, Lotus Herbals chose the direct-to-consumer (D2C) route to capitalise on India's burgeoning e-commerce market. The company's products can be purchased through a brand website or other online marketplaces. This expansion will assist the company in attracting GenZ and millennial customers, who are avid online shoppers.
- In 2020, L'Occitane, a global retailer of body, face, fragrance, and home products, revamped its range of skincare, fragrances and shaves for men. Face fluid, purifying charcoal mask, daily cleanser, and revitalising cream are all included in the kit.