Global Herbal Beauty Product Market: Overview
The Global Herbal Beauty
Products Market is worth USD 84 billion and anticipated to grow at a CAGR of 7%
during the forecast period 2019 to 2025. Herbal beauty products are prepared from natural compounds derived from a variety of natural sources that influence physiological activity such as healing, soothing appearance, enhancing, and conditioning properties of the skin and provide necessary nutrients for healthy skin or hair. The key factor driving the herbal beauty products include the increasing consumer awareness related to the harmful effects of synthetic cosmetics along with growing demand for green-labeled personal and beauty care products over the forecast period.
Moreover, the rise in the adoption rate of herbal beauty products among consumers owing to its advantages over synthetic products is other factors expected to further boost the growth of the overall market over the forecast period. Furthermore, government & non-government organizations are taking initiatives towards growing awareness among consumers regarding organic and herbal beauty products through campaigns is another factor expected to fuel the growth of the global market in the coming years.
In addition, the expansion of herbal product portfolio of herbal products in retail outlets along with new and innovative product launches by key players is expected to propel the overall growth of the global herbal beauty products market over the forecast period. However, the shifting in consumer preference towards chemical free products, along with added popularity of environmentally sustainable products, is expected to create potential revenue opportunities for key players operating in the global herbal beauty products market in the forthcoming years.
Global Herbal Beauty Product Analysis
The global herbal beauty product type market is bifurcated into Skin Care, Hair Care, Fragrance, and Others in terms of product type. Among the entire herbal beauty products, skin care segment is expected to account for the largest revenue share over the forecast period, owing to the increasing consumer preference towards maintaining esthetic appearance. In addition, the rise in skin related problems such as acne and eczema can be seen due to the use of synthetic beauty products that force the consumer to shift towards the herbal products thus propels the sales volume of herbal beauty products of the market. However, the growing demand for organic personal care products is likely to support herbal beauty products market growth in the upcoming years.
Global Herbal Beauty Product Distribution Channel Analysis
The global herbal beauty product market is bifurcated into Supermarkets, Hypermarkets, Online Stores, Health & Beauty Stores, and Others. Supermarkets are likely to emerge as the most lucrative sales channel as compared to the various distribution channels. They offer products at high, medium, or low ranges in terms of the prices to attract consumers from the market. They are often located on corners, making it easy and fast for consumers to get in and out. These stores have personnel who work very creatively and are usually knowledgeable and often provide the consumer with a high level of service ultimately increase the sales of nail care products.
Moreover, the online retail store’s segment is the fastest-growing distribution channel segment in fast years and is expected to grow with a healthy growth rate over the coming years owing to the increasing popularity of E-commerce shopping sites backed by the benefits such as convenience and various discount availability and easy home delivery.
Global Herbal Beauty Product Regional Analysis
The global herbal beauty product regional analysis is bifurcated into North America, Latin America, Asia Pacific (APAC), Europe, and Middle East & Africa. The Asia Pacific is the fastest growing region in the global herbal beauty products market in past years. The growth of the market is driven by an increase in disposable income thus, in turn, more spending in cosmetic and personal care products in this region. Furthermore, increasing the inclination of consumers towards herbal and natural cosmetic products creates a huge opportunity for key players to cater to the market by launching new herbal products.
For instance in India, various companies such as Himalaya Herbals, boutique, VLCC, Patanjali, and Kama Ayurveda, are launching herbal & Ayurveda products. Also, foreign beauty product brands are also focusing on the development of organic and natural products thus grow the market over the forecast period.
Global Herbal Beauty Product Market: Competitive Landscape
Key players operating in herbal beauty products market include Weleda AG, Bio Veda Action Research Co., Arbonne International, LLC, Vasa Global Cosmetics, Klienz Herbal Pvt. Ltd., The Himalaya Drug Company, Shahnaz Ayurveda Pvt. Ltd, Lotus Herbals Limited, and Hemas Holdings PLC. Major Key Players are focused on organic and inorganic strategies such as merger & acquisition and new product launches to enhance their business and product portfolio in the herbal beauty products market.
Objective of the Study:
To analyze and forecast
market size of the global herbal beauty product market, in terms Value &
To examine the careful
market segmentation and forecast the market size, on the basis of region,
segmented into 5 regions, namely, North America, Europe, Asia Pacific, MEA,
& LATAM and major countries in the respective regions
To outline, categorized and
forecast the global herbal beauty product market on the basis of product type,
end-user and distribution channel.
To examine competitive
developments like expansions, technological advancement, new product launches,
and regulative framework within the global herbal beauty product market.
To identify the drivers and
challenges for global herbal beauty product market.
To spot the profile of
leading players and an array of strategy outlook and SWOT analysis of major
Scope of the Report
By Product Type
By Distribution Channel
Health & Beauty Stores
In addition, the report provides analysis of the herbal beauty product market with respect to the following geographic segments:
Asia Pacific (APAC)
Middle East Africa
Customization Scope for the Client
Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
With three additional company detail analysis.
Additional country analysis.
Detailed segment analysis.