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With a projected revenue of US$ 32,859.5 million by 2033, the global CBD skincare market is anticipated to experience significant growth, with CBD skincare providers foreseeing a robust Compound Annual Growth Rate (CAGR) of 25.7% through 2033. As of 2023, the market is currently valued at US$ 3,327.9 million. This growth trajectory underscores the increasing consumer interest in CBD-infused skincare products, driven by their perceived health and wellness benefits. With expanding legalization and growing acceptance of CBD-based products, the skincare industry is poised for substantial expansion, offering lucrative opportunities for businesses operating in this niche market.

Customers are now concentrating their expenditures on necessities as a result of the coronavirus epidemic and the lockdown procedures that followed. The market has also been disrupted by disruptions in the supply of basic materials.

However, strong demand for CBD skin care products is helping in recovery of the industry, particularly through online distribution channels. As per newly released data by Future Market Insights (FMI), the CBD skin care market is anticipated to display a staggering 26% CAGR during the forecast period between the years 2020 and 2030.  On the other hand, the market reflected a CAGR of ~21.1% from 2013 to 2021. The share of the CBD skin care market in its parent market (skin care market) is close to ~1%-2%. 

Key Players in the Market

• Cannuka, LLC
• CBD For Life
• Earthly Body
• Elixinol Global Limited
• Endoca Company
• Green Growth Brands
• Herbivorebotanicals
• IldiPekar Skin Care & Spa
• Isodiol International Inc
• Josie Maran Cosmetics
• Kana Skincare
• Kapu Maku LLC (POPULUM)
• Kiehl’s LLC
• Kush Creams
• Leef Organics
• Leela Body Care Company
• Lord Jones
• Medical Marijuana Inc
• Myaderm
• Peter Thomas Roth
• TESCosmetics
• The CBD Skincare Company
• VERTLYBALM
• Others

CBD Skincare Market- Critical Takeaways 

• CBD-infused serums and masks are witnessing high demand, owing to higher efficacy and easy application. 
• Hemp based skin care products are witnessing relatively higher demand than marijuana alternatives owing to high efficiency as emollients, surfactants, conditioner, and cleansers. 
• North America remains the leading market for CBD skincare products owing to widespread legalization efforts in Canada and the United States. 

CBD Skin Care Products Market Trends:

1. Rapid Growth: The CBD skincare products market is experiencing rapid growth, driven by increasing consumer interest in natural and alternative skincare solutions. This trend is fueled by growing awareness of the potential benefits of CBD, such as anti-inflammatory and antioxidant properties.
2. Product Diversification: There is a growing variety of CBD skincare products available in the market, including creams, lotions, serums, and masks. Manufacturers are innovating to cater to different skincare needs and preferences, offering products targeted towards specific skin concerns like acne, aging, and dryness.
3. Legalization and Regulation: The legalization of hemp-derived CBD in many regions has led to an expansion of the CBD skincare market. However, regulatory frameworks vary, impacting product availability and marketing strategies. As regulations evolve, companies must stay compliant while navigating the market landscape.
4. Consumer Education: Increasing efforts in consumer education regarding CBD and its benefits are driving market growth. Brands are providing information about CBD’s skincare benefits, ingredient sourcing, and product efficacy to build trust and credibility with consumers.
5. Incorporation of CBD into Mainstream Beauty: CBD is increasingly being incorporated into mainstream beauty and skincare brands’ product lines. Major retailers and beauty conglomerates are launching CBD-infused skincare products, reflecting the normalization of CBD in the beauty industry and its integration into daily skincare routines.

Coronavirus Impact on CBD Skincare Market 

With the coronavirus affecting countries around the globe, potential buyers for CBD skincare products are focusing their expenditure towards essentials. Further, the fear of recession has impacted investments into the CBD skincare market. In addition, CBD and hemp shipments have taken a hit. CBD skincare product manufacturers are focused on the optimization of global, national, and local supply chains to process shipments, while being in compliance with strict safety standards. 

Complete Market Review: A Full Report Analysis

Global CBD Skin Care Market by Category 

By Product Type

• Creams 
• Moisturizers and Lotions 
• Balm 
• Serums 
• Face & Body Cleansers 

• Others 

By Price Range

• Economic 
• Premium 

By Packaging Type

• Pump 
• Tubes 
• Jar/ Bottles 
• Sticks 
• Others 

By Source Type

• Natural & Organic 
• Synthetic 

By Region

• North America
• Latin America 
• Europe 
• South Asia 
• East Asia 
• Oceania 
• Middle East & Africa 

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The electric toothbrush market is poised for explosive growth, with a projected CAGR of 7.8% reaching a market value of a staggering USD 9.8 billion by 2033. This presents a golden opportunity for industry decision-makers to capitalize on this surging demand. Here’s why you should take action:

Consumer preferences in the personal care segment are rapidly evolving. There is a growing consumer penchant for efficient, easy-to-use, and quick oral hygiene products. Current product innovations by key players have led to the launch of highly efficient product variants that can minimize the brushing time.

Increasing Oral Issues Emerge as Significant Market Driver

Instances of oral diseases, including mouth cancer, are currently on the rise. The modern eating patterns, consuming highly acidic sugary food, have created a conducive environment for plaque and tartar. Therefore, in the fast-moving world, electric toothbrushes have become an easy, quick fix for those battling dental issues.

Consumer Awareness Can Accelerate Market Growth

Despite the rising popularity of electric toothbrushes, it is yet to penetrate the market extensively. Due to its lack of awareness and benefits, the market growth might slow down. Coupled with the fact that the product is often priced at a higher point than regular toothbrushes, gaining traction in developing markets could be a difficult task.

High Maintenance Costs Can Impact the Market

Unlike a regular toothbrush that can easily be thrown or replaced, electric toothbrushes warrant significant maintenance costs. Consumers, when required to spend additional costs on a high-priced product for battery/electricity, might prefer product alternatives. The maintenance of the delicate electric circuit of toothbrushes can prove quite tedious for consumers. Therefore, due to its cost that is higher compared to a normal toothbrush, consumers might hesitate to pay extra for its replacement services.

Key Takeaways

• The global electric toothbrush market recorded a 7.3% CAGR between 2017 and 2022.
• During the forecast period, the United States market is projected to record a CAGR of 6.3% and is expected to reach a valuation of US$ 2.7 billion by 2033.
• The China market is anticipated to register a CAGR of 10.7% between 2023 and 2033.
• Between 2023 and 2033, the rechargeable segment is projected to register a CAGR of 6.6% in the product type category.
• During the forecast period, the hypermarket/supermarket, the top sales channel segment is anticipated to thrive at a CAGR of 7.5%.

Key Players:

• Panasonic Corporation
• Colgate-Palmolive Company
• The Procter & Gamble Company
• Church & Dwight Co., Inc.
• JSB Healthcare
• Koninklijke Philips N.V.
• Omron Healthcare, Inc.
• FOREO Company
• Wellness Oral Care Company
• Fairywill Company
• Lion Corporation
• Conair Corporation (Interplak)
• SEASTAR Corporation
• Smilex Company
• Kolibree Company
• Rotadent Company
• Shenzhen Risun Technology Co. Ltd.
• Ningbo Seago Electric Co, Ltd.
• Dretec Co., Ltd.
• Brush Buddies Company
• SONIC Chic Company

Complete Market Review: A Full Report Analysis

Market Restraints

The key market restraints impeding the progress are high product cost and maintenance. To overcome these challenges, market players are working on innovations, that make the product more affordable and easy to maintain.

Important Market Developments:

• Sustainability Concerns Addressed: SURI is a London-based startup that stands for Sustainable Rituals. The startup manufactures sustainable electric toothbrushes. The electric toothbrushes’ body is made of recyclable aluminum. The plastic heads are plant-based and can be recycled or industrially composted.
• Xiaomi Corporation Marks Presence in the South Asian Market: In  June 2020, Xiaomi launched the T100 electric toothbrush series in India. The product comes with several advanced features. This includes 30-day battery life, low noise, and an alluring glossy design.
• Colgate and Philips Join Hands: In March 2021, Koninklijke Philips N.V. and Colgate Palmolive Company announced a collaboration. Primarily focusing on the South American market, this collaboration aims to widen awareness of oral hygiene practices. This also includes the propagation of awareness on dental hygiene tools such as electric toothbrush.
• Colgate goes Big on Research and Development: The Colgate Palmolive Company recently shelled out huge bucks for research. In 2019, the company invested US$ 280 million in research and development. This is anticipated to contribute to the advancement of electric toothbrush technology.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The worldwide BB cream market is expected to be worth USD 4,078.1 million in 2023, with projections indicating a substantial increase to USD 9,135.8 million by 2033. This growth is attributed to an anticipated surge in demand, with the market set to expand at a compound annual growth rate (CAGR) of 8.4% throughout the forecast period.

Demand Outlook:

• BB cream offers benefits such as improved skin tone, reduction of fine lines, and enhanced glow, attracting the attention of consumers.
• Growing consumer demand for BB cream stems from the desire for a natural, “naked” finish and makeup-like appearance, contributing to increased revenue in the global market.
• The trend towards seeking a natural and fresh look without exposure to toxic ingredients is driving the adoption of BB cream among consumers.
• Influential figures such as makeup artists, beauty experts, and celebrities are driving demand for BB cream as they incorporate it into their skincare routines, further fueling market growth.
• Female consumers, in particular, are embracing BB cream to steer clear of potentially harmful beauty products, which is a significant factor propelling the expansion of the market.

BB creams are a combination of hybrid beauty products that offer color correctors and primers to have a clean look. Manufacturers are targeting relevant audiences to boost their brand value. These marketing tactics are effectively fueling global market opportunities.

Men’s grooming trends and advanced beauty packaging solutions attract consumers, upsurging the global market share. Manufacturers are concerned about environmental pollution and are offering shields to protect the skin against harmful bacteria. The rapidly expanding online sales channels are reaching relevant consumers, driving global market opportunities.                             Key Takeaways from the BB Cream Market Report

• The BB cream market is expected to grow at a CAGR of 8.4% through 2033.
• The United States accounts for the maximum revenue share of 21.1%, leading the global market.
• Japan holds a share of 9.7% of the global market in 2023.
• Germany significantly drives the global market with its vintage home decor, accounting for a share of 5.5% in 2023.
• With a share of 8.6%, China is rapidly advancing in the global market.
• India holds a share of 7.4% of the global market.
• The demand for BB cream is higher for oily skin, registering a share of 21% of the market by skin type.

 Key Players Adding Value to the BB Cream Market

The global market is fragmented due to the presence of several essential players. These players are making efforts to innovate and improve their products to satisfy consumers’ needs. They are heavily investing in research and development activities to carry out unique ideas and increase their market revenue.

Key players have a crucial role in advancing the global market through their innovative approaches, ideas, and planning. These players focus on consumers’ requirements and launch new products according to their demands. Major players are adopting several marketing methodologies such as mergers, collaborations, acquisitions, partnerships, and agreements to have a greater reach in the market

Key Players in the BB Cream Market

• L’Oreal S.A.
• The Estee Lauder Companies Inc.
• The Clorox Company
• L’Occitane International S.A.
• AmorePacific Corporation
• Stila Styles LLC
• Tarte Inc.
• Lancome SA
• Groupe Marcelle
• Bobbi Brown Professional Cosmetics Inc.
• Physicians Formula Holdings Inc.
• Clinique Laboratories LLC
• And More…

Complete Market Review: A Full Report Analysis

Key Segments in the BB Cream Market

By Skin Type:

• Dry
• Normal
• Oily
• Combination
• Sensitive

By SPF Type:

• Below 15 SPF
• Between 15-30 SPF
• Above 30 SPF

By End Users:

• Men
• Women

By Sales Channel:

• Direct Selling
• Specialty Outlets
• Supermarkets/Hypermarkets
• Convenience Stores
• Beauty Stores
• E-Retailers
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global portable air conditioner market is blowing hot with opportunity, projected to reach a cool US 1,589.84 million by 2033. This refreshing growth, fueled by a CAGR of 3.1%, presents a golden chance for industry leaders to capitalize on the rising demand for convenient and cost-effective cooling solutions.

Here’s why you should be plugged into this dynamic market:

• The Tiny Space Trend Meets Big Cooling Needs: As the focus on minimizing living spaces intensifies to reduce energy consumption, the demand for portable air conditioners that cool efficiently in compact areas is skyrocketing.
• Climate Change Heats Up Demand: Rising global temperatures due to climate change are driving a significant surge in the need for personal cooling solutions. Portable air conditioners offer a readily available answer.
• Perfect for Equator Climates: Many equatorial countries experience extended heat waves. Portable air conditioners provide an affordable and mobile solution for these regions where consistent cooling is essential.
• Coastal Communities: Battling Humidity: Over 40% of the global population resides near the coast, facing constant battles with warm air currents and intense humidity. Portable air conditioners offer an accessible and budget-friendly way to combat these harsh conditions.

Competitive Edge for Decision Makers:

This market is ripe for innovation to capture a larger share:

• Develop Eco-Friendly Solutions: Focus on energy efficiency and eco-friendly designs to appeal to environmentally conscious consumers.
• Prioritize Compact Power: Invest in research and development to create even more compact and powerful portable air conditioners that cool efficiently in smaller spaces.
• Target Specific Climates: Develop specialized portable air conditioners that cater to the unique needs of equatorial regions or coastal communities with high humidity.
• Embrace Smart Technology: Integrate smart features like Wi-Fi connectivity and temperature control for a more user-friendly and convenient experience

Historically, the portable air conditioner market has been experiencing steady growth in recent years. The pandemic meant more people staying and working from their homes, which resulted in the rise of portable air conditioner sales. The market from 2017 to 2022 grew at a growth rate of 2.9% CAGR, generating a global revenue of US$ 1139.3 million in 2022.

The Asia Pacific region is the most affected by changing climatic conditions due to its proximity to the equator. The region has the most diverse topography, which includes deserts and arid regions in China, India, and Australia. Summer monsoons and prolonged heat waves are the main reasons for the market expansion of portable air conditioners in recent years.

Key Takeaways from the Portable Air Conditioner Market

• China may record a substantial share of 26.0% in the global portable air conditioner market, followed by the United States, Japan, and India.
• The Asia Pacific region showcases a 43.6% share of the global portable air conditioner market.
• Portable air conditioners find applications primarily for residential purposes. By end use, the residential segment dominates the market, holding a share of 82.6%.
• Portable air conditioners with a capacity of 16,000 to 20,000 BTUs are the most preferred choice of homeowners, with a global market share of 19%.
• With ongoing technological innovations, there is an influx of market opportunities for smart home appliances to integrate with portable air conditioners.

Competitive Landscape:

Continuous investments in technology for winter and summer air coolers that can be economical and easily transportable are fueling the market. Personalized air conditioners with low manufacturing and maintenance costs are gaining traction in the coastal regions.

In this industry, several market layers use methods to evaluate energy performance with HPHX devices for different climate zones.

Key Companies in the Portable Air Conditioner Market

• LG Electronics
• Haier Group
• Danby Appliances
• Honeywell International
• De’Longhi
• Whynter
• Frigidaire (Electrolux)
• Black+Decker
• EdgeStar
• Soleus Air

Recent Developments in the Portable Air Conditioner Market

• Sensibo’s primary product, called ‘Sensibo Air, is a device designed to enhance traditional air conditioning systems by transforming them into smart systems. This is achieved by gathering extensive data, understanding user preferences, and identifying energy-saving possibilities.
• In June 2023, British Columbia, a province in Canada, allocated US$ 10 million to BC Hydro, a publicly owned utility company. This funding aimed to distribute portable air conditioners to communities that face the threat of severe heat waves.

Complete Market Review: A Full Report Analysis

Global Portable Air Conditioner Industry by Category

By Capacity:

• 5,000 to 10,000 BTUs
• 11,000 to 15,000 BTUs
• 16,000 to 20,000 BTUs
• 20,000 & Above BTUs

By End Use:

• Residential
• Commercial

By Sales Channel:

• Wholesalers/ Distributors
• Hypermarket/Supermarkets
• Specialty Stores
• Multi-brand Stores
• Online Retailers
• Other Sales Channel

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to FMI forecasts, the global market for shoe inserts is expected to see a substantial rise, climbing from US$ 42.38 billion in 2023 to US$ 71.68 billion by 2033. This growth is attributed to increasing instances of conditions like arthritis, foot misalignment, and discomfort experienced during sports activities. As a result, the demand for shoe inserts is anticipated to remain consistently profitable, with an estimated Compound Annual Growth Rate (CAGR) of 5.4% by 2033.

This market growth is primarily as a result of increased consumer awareness concerning the therapeutic benefits that come with using shoe inserts. The market share has grown due to the rising frequency of foot and posture-related problems, along with an increase in demand for customized shoe insoles.

The inclination towards manufacturing shoe inserts from biodegradable and eco-friendly materials is likely to drive the market growth. The demand for shoe inserts is increasing because of new technologically advanced products, which provide support and comfort to the arch.

In addition, it is expected that the growing need for orthopedic shoe inserts especially among elderly people who have arthritis and pain joints may also contribute to market growth.

However, it is anticipated that the market’s expansion is hampered by the high price of shoe inserts. Also, market expansion may be constrained by the availability of fake goods that don’t offer enough comfort and support. It is projected that the introduction of products made in order to meet specific needs opens up profitable market potential.

Key Takeaways

• In 2022, China grew significantly in the shoe insert market, with a share of 34.9%.
• The shoe insert market was significantly expanding, with a size of US$ 40.5 billion in 2022.
• There is a Y-o-Y growth of 5.6% between 2022 and 2023, which is driven by the popularity of 3D-printed shoe inserts.
• With a 69.8% share in 2022, the market in the United States showed signs of growth.
• In 2022, India grew steadily in the shoe insert market, with a share of 29.5%.
• In 2022, Japan grew significantly in the shoe insert sector, with a share of 32%.
• With a 19.9% market share in 2022, Germany had strong growth in the shoe insert sector.
• With a share of 44% in 2022, the orthotic insole category is predicted to dominate the market in terms of product type.
• Based on material type, rubber is likely to continue dominating the sector during the forecast period, with a share of 26%.

Key players

• Otto Bock SE & Co KGaA
• Diafarm Laboratories
• Texon International Group Limited
• Implus Footcare LLC
• Sorbothane Incorporated
• Aetrex Worldwide Inc.
• Peacocks Medical Group
• Arneplant S.L.
• Birkenstock Digital GmbH
• Atlantic Footcare Inc.
• Digitsole
• Aline Systems, Inc.
• Foot Science International
• Bauerfeind AG
• Guangzhou Shunyang SM Co Ltd.
• Currex GmbH

Key Strategies in the Industry

Key players including Superfeet, Otto Bock SE & Co KGaA, Diafarm Laboratories, Texon International Group Limited, and Implus Footcare LLC compete for market share in the highly competitive worldwide shoe inserts business.

To achieve a competitive edge, these businesses are concentrating on product innovation, strong marketing plans, and partnerships with footwear brands. Players are also forming strategic relationships with other businesses to broaden their product offerings.

Also, businesses are spending money on research and development initiatives to create new products and acquire a competitive edge. Players are also concentrating on expanding their presence through alliances, synergies, and acquisitions.

Complete Market Review: A Full Report Analysis

Key segments

By Material Type:

• Polymer
• Plastic
• Rubber
• Carbon Fiber
• Silicon

By Product Type:

• Casual Insole
• Sports/Athletic Insole
• Orthotic Insole
• Safety Insole

By Size (US):

• 4 to 5
• 6 to 7
• 8 to 9
• 10 to 11
• 12 to 13

By Consumer Orientation:

• Men
• Women
• Kids

By Sales Channel:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Departmental Stores
  • Specialty Stores
  • Multi-brand Stores
  • Exclusive Stores/Franchise Stores
  • Online Retailers

By Region:

• North America
• Latin America
• Eastern Europe
• Western Europe
• Asia Pacific excluding China & Japan
• Japan
• China
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

As per FMI estimates, the global natural cosmetics market will amass a revenue of USD 79.6 billion by 2033, with sales growing at a modest compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. This market will reach USD 48.4 billion by the end of 2023. The demand for natural cosmetics will continue to grow as consumers become more health conscious and environmentally aware. Hence, surging demand for organic and plant-based products along with greater availability of natural cosmetic products on mainstream retail channels will fuel the growth of the natural cosmetics market in the upcoming years.

The future of the natural cosmetics market looks quite promising primarily due to the growing awareness of the harmful effects of synthetic ingredients. Consumers are becoming increasingly aware of potential health risks associated with synthetic ingredients usually found in cosmetics such as parabens, phthalates, and synthetic fragrances.

With personal care and beauty products gaining prominence over the past few years, concerns regarding the ingredients play an active role in the sales of cosmetic products which, in turn, augurs well for the natural cosmetics market. Prevailing environmental consciousness also has a positive impact on the market growth of natural cosmetics. This is because many consumers are seeking products that are sustainably produced and have less of an impact on the environment.

Key Takeaways:

• Increasing use of plant-based ingredients as well as constant innovation and new product development will strengthen prospects for the natural cosmetics market.
• In China, the natural cosmetics market is driven by the surging awareness of the adverse effects of synthetic ingredients in cosmetic products.
• In 2022, the natural cosmetics market in the US accounted for 82.3% share of the North American market, and robust growth is predicted for the market in the forthcoming years.
• Based on type, the skincare segments account for a sizeable portion of the natural cosmetics market share.
• By consumer orientation, women will continue to dominate the market during the assessment period.

During the forecast period, the natural cosmetics market will be driven by the increasing availability and accessibility of natural cosmetic products. With the continuous growth of the market, many companies are entering the market and making natural cosmetic products more widely available to consumers. The availability of these products in mainstream retail also augurs well for overall market growth.

In addition, advancements in technology and formulations also aid the expansion of the natural cosmetics market size. The natural cosmetics industry is constantly innovating and developing new formulations that are more effective and can compete with conventional cosmetics in terms of performance. Overall, the natural cosmetics market is expected to continue to grow as consumers become more health and environmentally conscious and demand for natural and organic products continues to rise.

Complete Market Review: A Full Report Analysis

Key Players:

• L’Oréal SA
• Amway Corporation
• Beiersdorf
• Benefit Cosmetics LLC
• Chanel S.A.
• Clarins Group
• Coty Inc.
• Estee Lauder Companies Inc.
• Johnson & Johnson
• Kao Corporation
• Laverana GmbH & Co. KG
• LVMH (Moët Hennessy -Louis Vuitton)
• MAC cosmetics
• Mary Kay Cosmetics
• Procter & Gamble Co.
• Revlon Inc.
• Shiseido Co., Ltd.
• Others (on additional request)

More Insights into the Natural Cosmetics Market:

FMI delivers an unbiased and detailed analysis of the global natural cosmetics market in its latest report along with historical data from 2017 to 2021 and forecast statistics for 2023 to 2033. The report offers insight into a ten-year sales forecast, key market drivers, prevailing trends, opportunities, and challenges. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type, consumer orientation, packaging, end-use industry, and region.

According to the latest reports, based on segmentation, the sachet packaging segment will witness high demand and contribute substantially to total market growth. The use of sachets complies with the elevated need for mass distribution. This type of packaging is also affordable and easy to carry. Thus, the sachet segment will observe greater demand. In terms of product type, the skincare segment will dominate the global marketplace.

Based on the country, the natural cosmetics market in the US will exhibit significant growth. In 2022, the target market in this region accounted for about 82.3% of the North American market share. Consumers are becoming more health-conscious and are increasingly seeking out natural and organic products in all areas of their lives, including cosmetics. Additionally, growing awareness of the harmful effects of synthetic ingredients in cosmetics drives the growth of the natural cosmetics market in the US. Other countries like China and India will also display notable growth in the market. Hence, the US, China, and India will fuel the global growth of the natural cosmetics market.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube