PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1480545
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1480545
Global Natural and Organic Personal Care Products Market to Reach $32.4 Billion by 2030
The global market for Natural and Organic Personal Care Products estimated at US$20.4 Billion in the year 2023, is expected to reach US$32.4 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2023-2030. Natural and Organic Skin Care Products, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$14.3 Billion by the end of the analysis period. Growth in the Natural and Organic Hair Care Products segment is estimated at 5.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 10.5% CAGR
The Natural and Organic Personal Care Products market in the U.S. is estimated at US$5.3 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2030 trailing a CAGR of 10.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 6.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2030.
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