Global Natural Skin Care Products Market

Global Natural Skin Care Products Market Size, Share, Growth Analysis, By Type(Mass, premium), By Product(Facial, Body Care), By End Use(Men, Women), By Distribution Channel(Direct selling, hypermarket) - Industry Forecast 2024-2031

Report ID: SQSG30L2047 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 117 | Figures: 77

Global Natural Skin Care Products Market News

  • The world's most intimate specialty retailer, Victoria's Secret, increased its worldwide footprint in November 2021 with the opening of its first-ever beauty e-commerce store in India.
  • The male vegan beauty line will launch in May 2021. The new Tea Tree Dandruff Control Shampoo from Phy, which is mild, sulfate-free, and silicone-free, was just released. In this shampoo, Australian-origin tea tree oil and willow bark combine to fight microorganisms, leaving your scalp flake-free, itchy, and with nourished hair.
  • The U.K.-based startup expanded onto Feelunique in July 2021 as part of its ongoing non-D2C growth strategy to upscale across multiple channels and engage mass consumers.
  • L'Oreal and Verily announced a strategic alliance in January 2022 to promote precision skin health. It is anticipated to include two projects designed to enhance knowledge of the mechanisms behind skin and hair aging and to guide the development of precision beauty products by L'Oreal.
  • L'Oreal announced the signing of a contract with Takami Co, a Japanese business that sells the Takami skincare line, in December 2020.
  • The Forrest Essential natural makeup product line, which is loaded with robust natural components and a unique serum formula enhancing both lips and eyes, was introduced in December 2020.
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Natural Skin Care Products Market size was valued at USD 7.3 billion in 2019 and is poised to grow from USD 8.37 billion in 2023 to USD 11.87 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The natural skin care products market is highly competitive and has both national and international players. New product releases, agreements/partnerships, expansions, mergers, and acquisitions are the main strategies used by businesses in the market. Companies are increasingly pursuing the merger and acquisition strategy to capitalize on their individual key strengths, such as intense R&D efforts, distribution networks, and the creation of new products, to enhance the portfolio, capture untapped markets, and advance the natural skin care products market. 'L'Oreal SA', 'Estee Lauder Companies Inc.', 'Unilever PLC', 'Beiersdorf AG', 'The Body Shop International PLC', 'Amway Corporation', 'Kao Corporation', 'Shiseido Company Limited', 'Avon Products Inc.', 'Procter & Gamble Co.', 'Johnson & Johnson', 'LVMH Moet Hennessy Louis Vuitton SE', 'The Himalaya Drug Company', 'The Honest Company Inc.', 'Burt's Bees Inc.', 'Colgate-Palmolive Company', 'Weleda AG', 'Aubrey Organics Inc.', 'Jurlique International Pty Ltd', 'Natura Cosmeticos SA'

Customers have shown a preference for beauty and cosmetics that are chemical-free and open about their ingredients, which is anticipated to increase demand for natural skin care products. Young customers are anticipated to respond favorably to rising celebrity participation in the promotion of environmentally friendly cosmetic goods. Millennials that spend a lot of time online have a strong preference for hotly debated articles, new products, and celebrity endorsements. Influential people like Jessica Alba and Hailey Bieber, who support bareMinerals, co-founded The Honest Company. These brand innovations and launches are likely to contribute to the growth of the market.

Paraben-Free Products: Synthetic ingredients like propylparaben and butylparaben are no longer seen as safe to use due to the rise of organic products. The phrase "free from parabens" will often appear on a product's label if it is paraben-free. Parabens are not present, according to labels that list isobutyl paraben and isopropyl paraben. Only 35% of cosmetics include parabens, a drop of approximately seven percentage points over the past few years. 

With a market share of 39.2% in 2022, Europe was the market leader in the global natural skin care products market. Customers prefer natural, herbal, and organic skin care products because they are more selective about what they put to their skin in nations like the U.K., France, Italy, and Germany. Additionally greater purchasing power as well as presence of key players operating in the market is boosting the market growth.

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