Organic Herbal Skin Care Products Market Expected to Grow Healthy at a CAGR of 7.5% Till 2031

Analysis-of-the-plant-based-skin-care-products-market-by-region-and-product-type-2021-2031

The demand for herbal skin care products is expected to increase over the assessment period.

ROCKVILLE, MARYLAND, USA, January 20, 2022 /EINPresswire.com/ — The demand for herbal skincare products is expected to reach a value of US$683.4 million in 2021. According to Fact.MR, the global herbal skincare products market value is expected to increase by more than 2 times by 2031, increasing at a CAGR of 7.5% over said period. Even though online sales of herbal skincare products represent just over 11%, this segment is expected to grow around 10% CAGR through 2031.

Base year value (2020A) US$640 million
Projected annual value (2031F) US$1.4 billion
CAGR value (2021-2031) 7.5%
Share of collective value (US, UK, Germany): top 3 countries 54.7%

The latest industry analysis and herbal skincare product survey provides sales insights in over 20 countries, in key categories. Insights and insights on herbal skin care products market drivers, trends, and influencing factors are also included in the study.

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Key segments of the herbal skin care products industry research

type of product

Creams and Lotions
Exfoliating scrubs
Cleansers and Toners
Essential oil
Balms and butter
Serums and Masks
Make-up removers
Others products

Client orientation

Women
Unisex
Men
Children

Nature

Organic herbal skincare products
Conventional herbal skincare products

Sales channel

Hypermarkets/Supermarkets
Departmental stores
convenience stores
Mono brand stores
Specialized retailers
Pharmacies
Online retailers
Direct sale

Type of packaging

Pumps and dispensers
Compact enclosures
Jars
Pencils and Sticks
tubing
bags
Others

Final user

Herbal skin care products for residential use
Herbal skin care products for commercial use

Key insights from market research

The North American market is estimated to be worth US$319.2 million in 2021 and is growing at a CAGR of 5.7% through 2031, owing to the expansion of retail, physical and digital channels.
Europe is one of the dominant players in the market and is expected to reach a value of US$339.6 million by 2031.
The strong production footprint of major market players in China has enabled it to hold the largest market share of 41.6% in the East Asian market.
The market is segmented based on product type, where creams and lotions hold a high share of 32.1%.

“Rising consumer awareness of the benefits derived from using natural products is compelling manufacturers to manufacture innovative plant-based skin care products with safe and organic ingredients,” says a senior analyst at Fact.MR.

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What makes China dominate the East Asian market for herbal skin care products?

In East Asia, manufacturers of herbal skin care products in China have led to an increase in its value share and made it a leading player among all other countries in the region. This is attributed to the rise adoption of organic and natural beauty products and must keep up with the daily grooming trends in the market.

China holds the largest market share of 41.6% in the regional market in 2021 and is expected to witness strong growth at a CAGR of 7.7% over the assessment period. The South Korea market is expected to grow lucratively at a CAGR of 12.3%.

The report also presents key Herbal Skin Care Products market trends and an in-depth analysis of how the projected growth factors will shape Herbal Skin Care Products market dynamics in future years of the forecast period.

Moreover, it also gives significant and actionable insights on Herbal Skin Care Products Market competitive analysis which expands the present market scenario and will be lucrative for the future Skin Care Products Market demand herbal skin.

Crucial insights in the Herbal Skin Care Products market research report:

Underlying Macro and Microeconomic Factors Impacting the Herbal Skin Care Products Sales Market.
Basic overview of herbal skin care products including market definition, classification and applications.
Examination of each market player based on mergers and acquisitions, R&D projects and product launches.
Adoption trend and supply analysis of herbal skin care products across various industries.
Important regions and countries providing lucrative opportunities for market players.

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List of Major Companies Profiled in Herbal Skin Care Products Market are:

To provide decision makers with credible information about their competitive landscape, the Herbal Skin Care Products Market industry research report includes a detailed analysis of the competitive landscape.

The competitive landscape analysis for the herbal skin care products market includes detailed profiles of Tier 1, 2 and 3 players. The respective market share of the herbal skin care products manufacturers of plants is provided so that business owners can understand the market scenario.

An assessment of the winning strategies of the Herbal Skin Care Products market leading manufacturers is provided, along with recommendations on what is performing well in the Herbal Skin Care Products market landscape.

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Is strong competition among manufacturers limiting new market entrants?

Herbal skin care helps restore skin’s radiance and shine. Different types of herbal care creams and lotions and other hair care and face masks provide nutrition to the skin without any harmful effects. This is the main reason that convinces manufacturers to switch to natural and safe ingredients for manufacturing skin care products.

The major market players are focusing on product development and innovation efforts to produce new and distinctive herbal skin care products.

Some of them are mentioned below:

Armani Beauty launched a new range in 2019, which included eco-friendly daily men’s grooming products such as toners, face washes and moisturizers made with biodegradable and natural formulations, ensuring that 99% of ingredients come from nature.
Allure has created the Nature in a Jar collection, which consists of two body care products: a vegan and gluten-free “The Nourishing In-Shower Oil” shower oil and a “Cream-to-Water” body lotion. body”. Cactus Fruit Extract Lotion’.
Burt Bees, an eco-friendly and natural personal care brand from Clorox Co., has launched a line of natural cosmetics such as body lotions, face washes, cleansers, shower gels, body oils and body scrubs made with natural ingredients.

Browse more reports by Fact.MR :-https://www.globenewswire.com/en/news-release/2018/04/12/1469063/0/en/Huge-Demand-for-Homeopathy-Products-for-Immunology-to-be-Witnessed-During- the-evaluation-period.html

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