The clean beauty market is set to grow at a 4.2% CAGR by 2025, driven by increasing demand for eco-friendly and toxin-free products.
Clean beauty market is valued at USD XX Million in 2018 and is expected to reach USD XX Million by 2025 with a CAGR of 4.2% over the forecast period.
Increasing demand for beauty products with more cautiousness and awareness for skin as well as a surge in the launching of more sophisticated and clean beauty products for better skincare are some important factors driving the growth of the clean beauty market.
Scope of the Report:
Clean beauty means toxins-free and green beauty products that need not to be necessary organic and naturals. These products have transparent labeling of ingredients, and safe to use on face eliminating skin damage due to chemicals. Any clean beauty product must not contain harmful ingredients for the skin.
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The products can be derived from plants, vegan, and these are cruelty-free, eco-friendly and sustainably sourced that don’t contain any toxins. These products have many benefits including boosts collagen, diminish dark spots, can be used as moisturizers and reduce the appearance of wrinkles.
In addition to this, this product helps to shrink pores & keeps acne away, brightens & tones the skin. There are certain third-party testing labs, institutions for certification and checking of these products whether they are free from certain toxic chemicals like parabens, carcinogens, and others. The ECOCERT and EWG are some examples of third party chemicals testing and certification providers.
The global clean beauty market is segmented on the basis product type, distribution channel, region and country level. On the basis of product type, the clean beauty market is classifies as hair care, face products, skin care, hair care, oral care, makeup, and wrinkle care products. On the basis of distribution channel, clean beauty market is bifurcated into online sale, retail sale and others.
Clean BeautyManufacturers –
INIKA, Avon, Honest Beauty, ILIA, Zuii Organic, Burt’s Bees, Kjaer Weis, RMS Beauty Lilah b, Juice Beauty, Ere Perez, Mineral Fusion, allure, Vapour, bareMinerals, Bite Beauty, others.
Global Clean beauty market dynamics-
The key factor for growth of global clean beauty market is increasing demand for beauty products with more cautiousness and awareness for skin as well as surge in the launching of more sophisticated and clean beauty products for better skin care. On 3rd April 2020, Avon the leading clean beauty product manufacturer has launched recyclable product line for expansion which includes nine super concentrated products of distillery line features, five skincare and four makeup products with eco-responsible packaging. In addition to this, rising expenditure on wellness, personal care and beauty products around the globe drives the clean beauty market.
According to the global wellness institute organization in 2017, the beauty, anti-aging and personal care market was valued at around USD 1,083 billion and the in 2018 global wellness economy was estimated to be around USD 4.5 trillion. In addition to this, growing awareness for personal care products along with toxin-free and natural beauty products is driving the factors for clean beauty market. However high costs of products are major factors that hamper the clean beauty market.
Moreover rising online sale of beauty products due to surge in e-commerce websites, increasing new product launching by leading players in clean beauty as well as surge in the collaboration, mergers and acquisitions for the development for clean beauty products may create huge opportunities to fuel the global clean beauty market during the forecast period. For instance in 2020, Parade brand and Bite beauty has made a partnership for developing the lipstick as clean beauty product.
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Clean beauty Market Regional Analysis –
North America is expected to dominate the growing clean beauty market with the potential rate due to rising disposable income, growing middle-class families, increasing health wellness expenditure, presence of clean beauty knowledgeable workers, and high concentration of multinational companies related to personal care followed by Europe. According to the Asian Development Bank, the North American region has approximately 18% of the world’s middle class, which contributes to the 26% of global middle-class spending followed by Europe and the Asia Pacific. This middle-class family has highest spending on beauty, personal care products.
Europe and the Asia Pacific are expected to emerge as the fastest-growing regional market due to rapidly increasing consumer spending on beauty products, and growing government initiatives for supporting clean beauty products for toxin-free and eco-friendly products needs.
Key Benefits for Clean beauty market reports –
Global clean beauty market report covers in-depth historical and forecast analysis.
Global clean beauty Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country levels.
Global clean beauty market report helps to identify opportunities in the marketplace.
Global clean beauty market report covers extensive analysis of emerging trends and competitive landscape.
Clean beauty Market Segmentation –
By Product Type: –Haircare, Face products, Skincare, Haircare, Oral care, Makeup, Wrinkle care products
By Distribution Channel: –Online sale, Retail Sale, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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The article discusses the growth and dynamics of the clean beauty market, projected to expand at a 4.2% CAGR by 2025.
Increasing consumer awareness for eco-friendly and toxin-free products drives the market growth.
Key players include INIKA, Avon, Honest Beauty, ILIA, and Burt's Bees.
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