Global Herbal Beauty Products Market (2017-2024)- Research Nester
Global herbal beauty products market by Products Type (Hair care, Skin care, Fragrance)
Global herbal beauty products market by Products Type (Hair care, Skin care, Fragrance)
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<strong>Global</strong> <strong>Herbal</strong> <strong>Beauty</strong> <strong>Products</strong> <strong>Market</strong><br />
Outlook: Industry Insights & Opportunity<br />
Evaluation, <strong>2017</strong>-<strong>2024</strong><br />
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<strong>Global</strong> <strong>Herbal</strong> <strong>Beauty</strong> <strong>Products</strong> <strong>Market</strong><br />
Overview<br />
<strong>Herbal</strong> beauty products refer to the beauty products which possess<br />
the desirable physiological activity such as healing, smoothing<br />
appearance, enhancing and conditioning properties because of their<br />
herbal ingredient. They are free of chemicals and contain only the<br />
extracts that are made of the plant roots and leaves. Consumers<br />
worldwide prefer herbal beauty products such as skin care products,<br />
hair care products, make-up products and others. The market share of<br />
the herbal products has constantly been rising as compared to<br />
synthetic products. The market share of the herbal product is rising<br />
due to the increased adoption of herbal beauty products among the<br />
consumers as they offer various advantages over the synthetic<br />
products. The first and the foremost advantage is that the herbal<br />
beauty products are farmed and manufactured organically and<br />
therefore, they consist of the fewer chemicals as compared to the<br />
chemical made beauty products. Further, the chemical beauty<br />
products contain chemicals, artificial colors, and fillers in skin care<br />
products and makeup can cause redness, irritation, and breakouts.<br />
However, the herbal beauty products work with the skin as instead<br />
of against it. Moreover, the chemical beauty products contain the<br />
artificial fragrances that are used to cover up the smell of the other<br />
chemicals present in the product. The effect is that to cover up the<br />
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smell of the other chemicals and all the other chemicals is that they<br />
can cause headache to the people. On the other hand, the herbal<br />
beauty products contain their essential extracts as their ingredients<br />
and smell like their ingredients. The artificial beauty products contain<br />
parabens to extend the shelf life of the products. Parabens, however,<br />
are synthetic and mimic human body's natural hormones. The herbal<br />
beauty products use the natural preservatives that won’t affect the<br />
body. Moreover, the herbal beauty products work better than the<br />
synthetic products because they don’t contain unnecessary fillers or<br />
irritants as compared to the artificial beauty products that can make<br />
the hair or skin cleaner but during the long period of time, it may<br />
actually cause damage.<br />
<strong>Market</strong> Size and Forecast<br />
The market is expected to reach USD 120 billion by <strong>2024</strong><br />
expanding at a robust CAGR over the forecast period i.e.<br />
<strong>2017</strong>-<strong>2024</strong>. The rising healthcare awareness among the customers is<br />
likely to expand the market. Increasing global exposure to the health<br />
and the beauty trends is resulting in the increased demand for the<br />
herbal products. Further, the healthcare products are considered as<br />
the low cost and effective replacement to the synthetic beauty products<br />
due to their herbal extracts that positively impact the hormone<br />
function.<br />
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As a result, they are considered safe alternative treatment for hormone<br />
replacement therapy and neurological therapy for mental, emotional<br />
and behavioral disturbances. <strong>Herbal</strong>ism is therefore a growing trend<br />
and it has therefore encouraged the growth of the herbal supplements<br />
that helps in enhancing immunity, cognitive functioning, boosting<br />
energy levels and fitness and reducing stress.<br />
<strong>Market</strong> Segmentation<br />
Our-in depth analysis of the global herbal beauty products market<br />
includes the following segments:<br />
By Product Type<br />
Hair care<br />
Skincare<br />
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Fragrance<br />
By Distribution Channel<br />
Offline<br />
General Department Stores<br />
Supermarkets<br />
Drug stores<br />
Brand Outlets<br />
Online<br />
By Gender<br />
Men<br />
Women<br />
The global herbal beauty products market is further classified on the<br />
basis of region as follows:<br />
By Region<br />
North America (U.S. & Canada) <strong>Market</strong> size, Y-O-Y growth &<br />
Opportunity Analysis<br />
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Latin America (Brazil, Mexico, Rest of Latin America) <strong>Market</strong> size, Y-<br />
O-Y growth & Opportunity Analysis<br />
Western and Eastern Europe (U.K., Germany, France, Italy, Spain,<br />
Hungary, Belgium, Netherlands & Luxembourg, Rest of Western<br />
Europe) <strong>Market</strong> size, Y-O-Y growth & Opportunity Analysis<br />
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand,<br />
Rest of Asia) <strong>Market</strong> size, Y-O-Y growth & Opportunity Analysis.<br />
Middle East and Africa (China, India, Japan, Singapore, Australia,<br />
New Zealand, Rest of Asia) <strong>Market</strong> size, Y-O-Y growth & Opportunity<br />
Analysis<br />
Growth Drivers and Challenges<br />
The growth of herbal beauty products market is driven by the<br />
increasing number of the well-travelled consumers and the rising<br />
consumer inclination towards their enhanced appearance and looks<br />
across the globe. Further, the aloe-vera as an ingredient is driving the<br />
growth of the market as the aloe-vera provides the same medicinal<br />
benefits as compared to the artificial beauty products in the treatment<br />
of the skin and does not irritate the skin which the synthetic beauty<br />
product does. Moreover, the regulatory bodies are focused towards<br />
creating awareness among the consumers regarding the ingredients of<br />
the product, mainly emphasizing on labeling of such products. For<br />
instance, in 2010 Food and Drug Administration (FDA) planned to<br />
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issue the novel regulations regarding the sunscreen. This was done to<br />
implement new labeling methods to clear the confusion regarding the<br />
quality of sun protection factor among the consumers. <strong>Herbal</strong> beauty<br />
products are also witnessing the increased usage of the nano-particles<br />
in the sun care and the beauty care products, which enhances the<br />
quality of the beauty products. Therefore, the herbal manufacturing<br />
companies are expected to increase the usage of the nano particles.<br />
However, the market growth is hindered by the increasing number of<br />
the competitors that are ready to grab the other company’s share.<br />
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On the basis of the geography, North America and Europe holds the<br />
largest share of the herbal beauty products market for sun care and<br />
skin care products. North America faces the increasing demand for<br />
these products due to environmental concerns in the region and the<br />
availability of the synthetic products that causes cancer. Further,<br />
Brazil will exhibit the increased demand for the herbal products in the<br />
near future.<br />
Key Players<br />
Weleda<br />
Company Overview<br />
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Key Product Offerings<br />
Business Strategy<br />
SWOT Analysis<br />
Financials<br />
Himalaya <strong>Herbal</strong>s<br />
Nude<br />
Suki<br />
Amala<br />
Ren Pure<br />
Tata Harper<br />
Grown Alchemist<br />
Dr Hauschka<br />
S.W. Basics<br />
Scope and Context<br />
Overview of the Parent <strong>Market</strong><br />
Analyst View<br />
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Segmentation<br />
The global herbal beauty products market is segmented as follows:<br />
By Distribution Channel Size & Y-O-Y Growth Analysis<br />
By Gender Size & Y-O-Y Growth Analysis<br />
By Region <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
<strong>Market</strong> Dynamics<br />
Supply & Demand Risk<br />
Competitive Landscape<br />
Porter’s Five Force Model<br />
Geographical Economic Activity<br />
Key Players (respective SWOT Analysis) and their Strategies and<br />
Product Portfolio<br />
Recent Trends and Developments<br />
Industry Growth Drivers and Challenges<br />
Key Information for Players to establish themselves in current<br />
dynamic environment<br />
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To know more about <strong>Global</strong> <strong>Herbal</strong> <strong>Beauty</strong><br />
<strong>Products</strong> <strong>Market</strong> research, please visit:<br />
http://www.researchnester.com/reports/herbal-beauty-productsmarket-global-demand-analysis-opportunity-outlook-<strong>2024</strong>/281<br />
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