Organic Cosmetics Market is to Grow at CAGR of 5% in 2031 | Impact of COVID-19

The organic cosmetics market to grow at CAGR of 5.0% throughout the forecast period 2021-2031. Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity. Customers now demand total transparency from cosmetics producers regarding their sourcing practises, goods, ingredients, and environmental practises. As …

According to FMI, the organic cosmetics market would reach US$ 187.4 million by 2022 and develop at a CAGR of 5.0 percent from 2022 to 2031

Even the most well-known companies are being compelled to expand their product lines as the demand for organic cosmetics increases. The need for clean label certifications, such as non-GMO, vegan, cruelty-free, and others, within the cosmetics industry will fuel the market for organic cosmetics, claims a recent study by Future Market Insights (FMI). By 2021, it will …