11.01.18
The organic personal care market will be worth $25.11 billion by 2025, according to a new report by Grand View Research, which predicts the market will expand at a CAGR of 9.5% during the forecast period.
Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand for organic personal care products over the forecast period. Furthermore, regulations encouraging the use of organic materials in the personal care industry are likely to propel market growth.
A growing demand for organic products is leading to an increase in their availability in supermarkets, malls, and drugstores. In addition, booming online sales give more consumers access to a wider variety of brands.
Demand for products that are free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners such as sodium lauryl sulfate has registered a sharp rise over the past few years.
North America is the largest market, and predictions are that it will remain so for the forecast period.
Rising R&D expenditure to introduce improved plant and animal extracts into various products is expected to promote the demand for organic personal care products over the forecast period. Furthermore, regulations encouraging the use of organic materials in the personal care industry are likely to propel market growth.
A growing demand for organic products is leading to an increase in their availability in supermarkets, malls, and drugstores. In addition, booming online sales give more consumers access to a wider variety of brands.
Demand for products that are free from synthetic fragrances, preservatives, parabens, petrochemicals, and harsh cleaners such as sodium lauryl sulfate has registered a sharp rise over the past few years.
North America is the largest market, and predictions are that it will remain so for the forecast period.
