Major share of the personal care market was accounted by the U. Hair care is a large segment of the cosmetics market and has a wide range of products.
Moreover, companies are shifting to online portals as they have become a popular medium to buy cosmetics, particularly among youths. Organic ingredients are incorporated in cosmetic products including lipsticks, nail polishes, fragrances, and bronzing powders. Handling products to the point of sale is critical, and requires punctual and reliable transportation, storage, and distribution.
Rising awareness regarding merits of natural products and rising disposable income are primary factors triggering the growth of the market. Stable economy and people having a decent disposable income, they would comfortably spend on the complimentary and alternate forms of medicine.
Many products are also especially formulated for specific age groups targeting different diseases.
Since then the market has witnessed a positive growth trend which is expected to continue in the future as well which will in turn increase its market presence in the market for cosmetics products by earning revenues of USD 2, A shift in preference toward organic and natural beauty products, particularly in European and North American countries, is projected to foster market growth.
As a result, the organic and natural personal care market has become a major segment of the cosmetics and wellness sector over the past few years and the trend is poised to continue over the forecast period.
In addition, technological advancements and the advent of innovative products is also expected to propel the market demand. There are several regulatory bodies that have their own regulations regarding the use of different ingredients in order to provide safety to consumers.
The leading market players develop high-quality and innovative products to cater changing consumer lifestyles. However, the development of high-quality products due to escalating demand for eco-friendly and longer-lasting products with reduced risk of toxicity and skin irritation would drive the market.
On the flip side, the implementation of stringent government rules and regulations upon a number of ingredients is likely to act as a restraint in the growth trajectory of this market in the near future.
Thus, rising demand for organic and herbal personal care products is expected to present the market with significant growth opportunities over the forecast period. With increased demand of various end use products, the global market for cosmetic ingredients is increasing substantially.
Efforts are made to try and ensure accuracy of data. China has surfaced as the most prominent domestic market for cosmetic ingredients in Asia Pacific as well as the whole world, thanks to the presence of a large pool of cosmetic product manufacturers.
K is the most rapid growing country over the forecast period.Escalating Demand for Branded Cosmetics Products to Supplement Growth in the Uk Health and Wellness Market.
This is a licensed product of Ken Research and should not be copied TABLE OF CONTENTS 1 - Escalating Demand for Branded Cosmetics Products to Supplement Growth in the Uk Health and Wellness Market introduction.
Escalating Demand for Branded Cosmetics Products to Supplement Growth in the Uk Health and Wellness Market Words | 28 Pages Everyone Needs Dietary Supplements Essay. Moreover, rising demand for natural, herbal, and organic beauty products creates potential opportunities for manufacturers to innovate and develop new products according to consumer preferences.
The world cosmetics market is segmented on the basis of category, mode of sale, gender, and ultimedescente.com: € In addition, escalating demand for products performing numerous functions such as toothpastes with whitening effect, moisturizers with sun protection and shower & bath products with fragrance therapy for relaxation, along with their traditional functions, is likely to contribute towards growth of the personal care market during the forecast period.
Extensive use of cosmetics including soap, deodorant, shampoo to luxury beauty products such as makeup and perfume drives this market as it is supported by the increasing beauty consciousness and purchasing power of consumers leading to increased demand for cosmetic products.
Industry Insights. The global organic personal care market size was estimated at USD billion in Increasing demand for skin & hair care and cosmetics, coupled with rising need for environment and animal friendly products, is one of the key trends escalating market growth.Download