Global
Organic Personal Care Market: Snapshot
The
organic personal care market has made rapid progress in the recent
past to emerge as a vital offshoot of the global cosmetics sector.
The organic personal care market has originated due to the growing
demand from consumers for organic products in all fields including
cosmetics and is likely to remain a major part of the cosmetics
sector in the coming years due to rising awareness among consumers.
The organic personal care market has seen the entry of several
established players in the FMCG sector as well as the entry of
several new players thanks to the immense commercial scope of the
market and is likely to remain a promising commercial avenue in the
coming years.
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The
global organic personal care market was valued at US$10.9 bn in 2017
and is expected to rise to US$18.7 bn by 2022 at a strong 11.3% CAGR
therein.
Hair
Care Products to Remain Dominant Product Segment
The
global organic personal care market is segmented by product type into
hair care products, skin care products, makeup and color cosmetics,
fragrances, and others. Of these, hair care products are likely to
remain the dominant revenue generator for the global organic personal
care market in the coming years. The hair care products segment has
benefited from their widespread demand and growing need due to rising
pollution levels and is likely to retain steady dominance in the
global organic personal care market in the coming years. The hair
care segment of the organic personal care market was valued at US$3.3
bn in 2017 and is likely to rise to US$5.7 bn by 2022 at a robust
11.3% CAGR therein. Skin care products are also likely to claim a
significant share in the global organic personal care market.
North
America to Dominate due to Presence of Widespread Sales Network
Geographically,
North America is likely to dominate the global organic personal care
market in the coming years. The North America organic personal care
market was valued at US$3.4 bn in 2017 and is expected to rise to
US$5.8 bn by 2022, accounting for close to a third of the global
market. The organic personal care market in North America is driven
primarily by the widespread presence of modern sales channels, which
has made purchasing organic personal care products easier. The
organic personal care market is dependent to some degree on the
availability of the appropriate sales avenues, since organic products
have yet to become popular to the same degree as conventional
personal care products. The high disposable income of consumers in
North America is also vital for the global
organic personal care market, as organic personal care
products usually cost more than their conventional counterparts.
Europe
to Exhibit Steady Progress due to Growing Popularity of Organic
Products
Europe
is another key regional market for the global organic personal care
market due to the growing awareness in the region about the benefits
of organic cosmetic products over conventional products. European
consumers have been a key part of the growth of the organic products
sector in recent years and are likely to continue this role with
steady demand from the organic personal care market. The Europe
organic personal care market is likely to be valued at US$5.1 bn by
2022, exhibiting a 10.4% CAGR in the 2017-2022 forecast period.
Competitive
Dynamics
Leading
players in the global organic personal care market include Johnson
and Johnson Consumer Inc., The Body Shop, Amway, Estee Lauder, Kao
Corporation, L’Occitane en Provence, Natura Cosmeticos SA, The Hain
Celestial Group, Kiehl’s, and Loreal SA.

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