Organic Personal Care Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024A Chapter by Markets InsightsProjected to grow at a CAGR of around 9%, organic personal care market is to witness a significant growth over the forecast period owing to growing awareness by consumers to use environmentally friendThe worldwide organic personal care market generated over USD 8.3
billion in 2014. It is anticipated to grow at around 9 percent CAGR during 2016
to 2024 (forecast period). The market will produce sales worth USD 15.8 billion
by 2024. This significant expansion may be ascribed to awareness regarding
eco-friendly products that don’t have petrochemicals, parabens, and aluminium
salts.
Novel organic
products have grown. Also, manufacturers & sellers consider innovative
means of ‘demand generation.’ Both these factors can drive market demand in the
near future. Organic products are made from plant roots, essential oils, herbs,
& flowers coupled with naturally-available emulsifiers, humectants,
additives, & surfactants.
This market has
greatly evolved across the globe. Sales trainings for ‘consumer education’
regarding superior ‘beauty products’ should propel market revenues. Client
awareness about personal health is also likely to add market growth till 2024.
Enhanced living standards and increased disposable earnings of the employed
‘middle-class’ populace across developing Asian Pacific nations may propel the
market in the forecast period. However,
discrepancies in ‘feedstock supply’ would hinder the market. Technological
advancements and research & developments in processing & cost-efficient
manufacturing were the key drivers of organic personal care market in the
recent years. Research on developing customized & sophisticated products
can open market prospects.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-additives-and-nutricosmetics-industry
The market is split
by products and geographies. Products comprise skin care, hair care, oral care,
and others. Skin care led in terms of demand and surpassed USD 2.5 billion in
2013. Hair is estimated to grow at nearly 9.8 percent CAGR during 2014 to 2020.
Oral care captured 13 percent shares in 2013 and should undergo high growth.
Its shares could be attributed to escalating gum diseases.
The geographies are
Asia Pacific, North America, Europe, and rest of the world. North America
reigned in the recent past and has regional prospects in Mexico. Europe and
Asia Pacific followed North America and were pushed by customer inclination and
advanced products. The worldwide organic personal care market is mainly
characterized by product innovations.
Some of its players
are L’Oreal; The Body Shop; Aveda Corp.; and Amway. Few companies have
introduced ayurvedic substances; like clove, tulsi, lemon, neem, etc.
Browse Full Report @ https://www.hexaresearch.com/research-report/organic-personal-care-industry
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1 Review Added on October 13, 2016 Last Updated on October 13, 2016 Tags: organic personal care market, organic personal care market siz, organic personal care market sha, organic personal care market ana, organic personal care market gro AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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