PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236027
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236027
Global Herbal Beauty Products Market is valued at approximately USD 86.88 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2022-2029. Herbal elements that are used to treat a variety of skin conditions are combined with other cosmetic ingredients to create Herbal Beauty Products. Moreover, bioactive ingredients sourced from herbal plants contain antioxidants, vitamins, essential oils, tannins, alkaloids, dyes, carbohydrates, and terpenoids, which have application in cosmetics products for care of skin, body, and its other parts. Furthermore, Aloe vera, Azadirachta indica, Curcuma longa, Coconut oil, Sunflower oil, Daucus carota, Ginkgo biloba, Lawsonia inermis, Camellia sinensis, Acorus calamus, Allium sativum, Alpinia galangal, Avena sativa, Echinacea purpurea, and Centella Asiatica are a few of the plants used in Herbal Beauty Products. The increasing acceptance of herbal products among consumers and growing demand for chemical-free beauty products are key factors driving the market growth.
Over the years the adoption of chemical-free beauty products have significantly increased creating strong demand for Global Herbal Beauty Products Market. For instance - as per Statista -in 2021, the global market value for natural cosmetics and personal care was estimated at USD 35 billion, and it is further projected to grow to USD 59 billion by the year 2031. Also, the rising emergence of vegan & Cruelty-Free Cosmetic products coupled with the growing influence of social media and beauty blogs on the consumer would create lucrative growth opportunities for the market over the forecast period. However, the high cost associated with Herbal Beauty Products hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Herbal Beauty Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and increasing demand for clean label products and rising consumer towards natural ingredients-based skin products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising per capita disposable income coupled with the growing popularity of herbal and natural cosmetics products in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable