Key players of Natural Skin Care Products Market are Procter & Gamble, Estee Lauder, Mama Earth, Unilever, Clorox Co., Honest Co., The Body Shop, Loreal, FOM London Skincare, Bloomtown.
Improved exposure to chemical cosmetics products has increased cases of allergies owing to which individuals are refraining from purchasing such products & are shifting to natural cosmetics products.
Large-cap beauty & cosmetic key players are investing in organic products division by acquiring small scale businesses for expanding according to market dynamics. For example, in the year 2017, L’Oreal, key players in beauty & cosmetics industry, acquired a German natural cosmetics company, Logocos Naturkosmetik AG, which has a certified product collection made of plant extracts & natural elements. The main aids of the company are skincare, hygiene, body care, hair care, & color.
The facial care segment led the market & accounted for 68.9 percent share of the total revenue in the year 2019. Rising skin-related problems including acne problems, dead skin, open pores, & dull skin, mostly among millennial crowds, have led to the acceptance of organic skincare products. Various brands have been paying to this segment’s development & launching products for the same. For example, in April 2020, Tata Harper, a premium organic skincare brand, introduced Water-Lock Moisturizer for the face having pomegranate enzymes & orange blossom peptides.
The coronavirus outbreak is likely to decrease the demand for natural skincare products through the globe. Customers have become more aware of their spending habits & tend to escape premium products, like organic & natural, which is a main challenge for the market. It is also estimated that consumers would avoid visiting retail stores & brick & mortar stores post-pandemic as they are aware about their health & avoid going to congested places. This might influence the sales of beauty products, counting natural skincare products. Women are more aware of their skin & total appearance, which leads to an inclination for better quality products, which are parabens -free & healthy for their skin. Moreover, the growing involvement of females in the employed population worldwide has enabled them to spend on natural beauty products owing to a rise in disposable income, which is pouring the market.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about Global Natural Skin Care Products Market. The report encompasses the market by different segments, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in Global Natural Skin Care Products Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Natural Skin Care Products Market positioning of competitors.
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