07.14.16
The global revenue for the Natural and Organic Personal Care Products Market is expected to exceed $21.7 million by 2024, according to this report by Persistence Market Research (PMR).
This year, PMR estimates the global market to reach a value of $11 million - and grow to $21,776.9 million, registering a CAGR of 8.8% over forecast period 2016 through 2024.
Key global players in the organic and natural personal care market include Estee Lauder Companies, L'Oréal, Weleda, Burt's Bees, Arbonne International, Korres, Avon Products, Bare Escentuals, Coty, and Aveeno (J&J).
Skin Care is Most Important, Followed by Hair Care
The skin care segment is expected to emerge as “the most attractive segment,” PMR reports, followed by hair care. Skin Care will have a 30.9% share of the Natural and Organic Personal Care market by 2024.
Growth of the skin care products segment in the global natural and organic skin care products market is being driven primarily by the consumers’ increasing demand for clean label products - coupled with an increasing number of health conscious consumers globally.
Pay Attention To Supermarkets - and Online Retailers
According to PMR, the hypermarkets/supermarkets segment is a major channel for sales of natural and organic personal care products, and is expected to account for 28.4% share of the global market in 2016. This segment is projected to register a CAGR of 9.6% between 2016 and 2024, followed closely by the specialty retailers segment.
Online retailers is another popular sales channel, with this segment estimated to be valued at $1,979.3 million by the end of this year. Online retail is one of the most significant distribution channels used by various companies. Online retailers such as Walgreens, Amazon.com, Drugstore.com, Sephora.com, and Vitacost enable companies to enhance product penetration, improve consumer reach, and expand consumer base.
This year, PMR estimates the global market to reach a value of $11 million - and grow to $21,776.9 million, registering a CAGR of 8.8% over forecast period 2016 through 2024.
Key global players in the organic and natural personal care market include Estee Lauder Companies, L'Oréal, Weleda, Burt's Bees, Arbonne International, Korres, Avon Products, Bare Escentuals, Coty, and Aveeno (J&J).
Skin Care is Most Important, Followed by Hair Care
The skin care segment is expected to emerge as “the most attractive segment,” PMR reports, followed by hair care. Skin Care will have a 30.9% share of the Natural and Organic Personal Care market by 2024.
Growth of the skin care products segment in the global natural and organic skin care products market is being driven primarily by the consumers’ increasing demand for clean label products - coupled with an increasing number of health conscious consumers globally.
Pay Attention To Supermarkets - and Online Retailers
According to PMR, the hypermarkets/supermarkets segment is a major channel for sales of natural and organic personal care products, and is expected to account for 28.4% share of the global market in 2016. This segment is projected to register a CAGR of 9.6% between 2016 and 2024, followed closely by the specialty retailers segment.
Online retailers is another popular sales channel, with this segment estimated to be valued at $1,979.3 million by the end of this year. Online retail is one of the most significant distribution channels used by various companies. Online retailers such as Walgreens, Amazon.com, Drugstore.com, Sephora.com, and Vitacost enable companies to enhance product penetration, improve consumer reach, and expand consumer base.
