Published by Coherent Market Insights
Posted on September 27, 2021
The herbal beauty products market was valued at US$ 91.99 billion in 2016 and is expected to expand at a CAGR of 4.71% in terms of revenue, over the forecast period (2017 – 2025).
The products, which possess the desirable physiological properties such as smoothing appearance, healing and conditioning properties are referred as herbal beauty products. Herbal beauty products are formulated using plant extracts, plant roots, and leaves and are free of chemicals. Demand for herbal beauty products is increasing due to its low or no side effects and this is expected to fuel growth of the herbal beauty products market. Furthermore, increasing expenditure on beauty and personal care products is also expected to boost growth of the market. According to United States of America, Department of Commerce, the per capita spending on cosmetics products in Japan was valued at US$ 223, US$ 171 in France, and US$ 139 in the U.S. in 2014.
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Skin care segment is expected to account for the highest revenue share over the forecast period, due to increasing consumer preference towards maintaining esthetic appeal. Additionally, increasing skin related problems such as acne and eczema owing to use of synthetic beauty products propels growth of the market. According to Centers for Disease Control and Prevention (CDC), eczema and skin problems in U.S. was 7.2% in 2012 and was increased up to 11.6% in 2014.
North America market accounted for revenue share of 22.05% in the global herbal beauty products market in 2016. Government regulatory bodies in the region have implemented stringent regulation on restricting use of harmful chemicals in cosmetic products. For instance, United States, Food and Drug Administration (FDA) under regulation 21 Code of Federal Regulations (CFR) 701.3, 21, CFR 721 and others are subjected to a strict approval of color additives in cosmetics.
Key market players are focusing on mergers & acquisitions and new product launches, to cater to growing demand of consumers for herbal beauty products. For instance, in August 2015, InnoVision Healthcare Ltd. launched a wide range of beauty care products such as neem and aloe vera face wash, to cater to increasing demand for herbal beauty products.
Major Players in Global Herbal Beauty Products Market:
Some of the key players operating in the global herbal beauty products market are 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.
Products containing herbs, plant-based ingredients, and combination of active parts of plants and plant material are referred to as herbal beauty products. Increasing awareness about the harmful effects of using synthetic cosmetics coupled with rising demand for green labeled personal and beauty care products is expected to propel growth of herbal beauty products market. Various government and non-government organizations are engaged in creating awareness related to herbal and organic beauty products through campaigns. For instance, in August 2017, Australian Organic Awareness Month (AOAM), an educational campaign to create awareness among consumer including skin care, cosmetics, food and beverages and many others.
Hurry Up…and Get a 2000$ Discount On a Price…!!! https://www.coherentmarketinsights.com/insight/request-discount/1402
Market Dynamics
Asia Pacific is projected to hold the significant position in global herbal beauty products market, followed by Europe and North America over the forecast period. Growing grooming products and organic beauty market in Asia pacific and Europe is fueling growth of the market in these regions. According to Soil Association’s Organic Beauty and Wellbeing, natural and organic beauty market grew by 13% in 2017 as compared to previous year and sales of organic certified products was valued at US$ 85.85 million in the U.K. Also, they launched a beauty campaign in 2016 to increase awareness about organic beauty and health products with their benefits.
Contact Us:
Mr. Shah
Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Herbal Beauty Products Market May See A Big Move In Near Future appeared first on Gatorledger.
The herbal beauty products market was valued at US$ 91.99 billion in 2016 and is expected to expand at a CAGR of 4.71% in terms of revenue, over the forecast period (2017 – 2025).
The products, which possess the desirable physiological properties such as smoothing appearance, healing and conditioning properties are referred as herbal beauty products. Herbal beauty products are formulated using plant extracts, plant roots, and leaves and are free of chemicals. Demand for herbal beauty products is increasing due to its low or no side effects and this is expected to fuel growth of the herbal beauty products market. Furthermore, increasing expenditure on beauty and personal care products is also expected to boost growth of the market. According to United States of America, Department of Commerce, the per capita spending on cosmetics products in Japan was valued at US$ 223, US$ 171 in France, and US$ 139 in the U.S. in 2014.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/1402
Skin care segment is expected to account for the highest revenue share over the forecast period, due to increasing consumer preference towards maintaining esthetic appeal. Additionally, increasing skin related problems such as acne and eczema owing to use of synthetic beauty products propels growth of the market. According to Centers for Disease Control and Prevention (CDC), eczema and skin problems in U.S. was 7.2% in 2012 and was increased up to 11.6% in 2014.
North America market accounted for revenue share of 22.05% in the global herbal beauty products market in 2016. Government regulatory bodies in the region have implemented stringent regulation on restricting use of harmful chemicals in cosmetic products. For instance, United States, Food and Drug Administration (FDA) under regulation 21 Code of Federal Regulations (CFR) 701.3, 21, CFR 721 and others are subjected to a strict approval of color additives in cosmetics.
Key market players are focusing on mergers & acquisitions and new product launches, to cater to growing demand of consumers for herbal beauty products. For instance, in August 2015, InnoVision Healthcare Ltd. launched a wide range of beauty care products such as neem and aloe vera face wash, to cater to increasing demand for herbal beauty products.
Major Players in Global Herbal Beauty Products Market:
Some of the key players operating in the global herbal beauty products market are 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.
Products containing herbs, plant-based ingredients, and combination of active parts of plants and plant material are referred to as herbal beauty products. Increasing awareness about the harmful effects of using synthetic cosmetics coupled with rising demand for green labeled personal and beauty care products is expected to propel growth of herbal beauty products market. Various government and non-government organizations are engaged in creating awareness related to herbal and organic beauty products through campaigns. For instance, in August 2017, Australian Organic Awareness Month (AOAM), an educational campaign to create awareness among consumer including skin care, cosmetics, food and beverages and many others.
Hurry Up…and Get a 2000$ Discount On a Price…!!! https://www.coherentmarketinsights.com/insight/request-discount/1402
Market Dynamics
Asia Pacific is projected to hold the significant position in global herbal beauty products market, followed by Europe and North America over the forecast period. Growing grooming products and organic beauty market in Asia pacific and Europe is fueling growth of the market in these regions. According to Soil Association’s Organic Beauty and Wellbeing, natural and organic beauty market grew by 13% in 2017 as compared to previous year and sales of organic certified products was valued at US$ 85.85 million in the U.K. Also, they launched a beauty campaign in 2016 to increase awareness about organic beauty and health products with their benefits.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Herbal Beauty Products Market May See A Big Move In Near Future appeared first on Gatorledger.
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