Global Herbal Beauty Products Market Size study & Forecast, by Product (Skin Care, Hair Care, Fragrance), By End use (Men, Women), By Distribution Channel (Hypermarkets, Pharmacy & Drug stores, E-commerce) and Regional Analysis, 2022-2029
Global Herbal Beauty Products Market is valued at approximately USD 86.88 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2022-2029. Herbal elements that are used to treat a variety of skin conditions are combined with other cosmetic ingredients to create Herbal Beauty Products. Moreover, bioactive ingredients sourced from herbal plants contain antioxidants, vitamins, essential oils, tannins, alkaloids, dyes, carbohydrates, and terpenoids, which have application in cosmetics products for care of skin, body, and its other parts. Furthermore, Aloe vera, Azadirachta indica, Curcuma longa, Coconut oil, Sunflower oil, Daucus carota, Ginkgo biloba, Lawsonia inermis, Camellia sinensis, Acorus calamus, Allium sativum, Alpinia galangal, Avena sativa, Echinacea purpurea, and Centella Asiatica are a few of the plants used in Herbal Beauty Products. The increasing acceptance of herbal products among consumers and growing demand for chemical-free beauty products are key factors driving the market growth.
Over the years the adoption of chemical-free beauty products have significantly increased creating strong demand for Global Herbal Beauty Products Market. For instance – as per Statista -in 2021, the global market value for natural cosmetics and personal care was estimated at USD 35 billion, and it is further projected to grow to USD 59 billion by the year 2031. Also, the rising emergence of vegan & Cruelty-Free Cosmetic products coupled with the growing influence of social media and beauty blogs on the consumer would create lucrative growth opportunities for the market over the forecast period. However, the high cost associated with Herbal Beauty Products hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Herbal Beauty Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and increasing demand for clean label products and rising consumer towards natural ingredients-based skin products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising per capita disposable income coupled with the growing popularity of herbal and natural cosmetics products in the region.
Major market player included in this report are:
Welada AG
Bio Veda Action Research Co.
Arbonne International, LLC
Vasa Cosmetics Private Limited
Klienz Herbal Pvt. Ltd.
The Himalaya Drug Company
Shahnaz Ayurveda Pvt. Ltd
Lotus Herbals Limited
Marc Anthony Cosmetics, Ltd.
Hemas Holdings PLC
Recent Developments in the Market:
In May 2021, Arbonne International LLC announced a new website, enhanced consultant and customer engagement tools. This new technology platform from the company features a mobile-friendly design, to simplify shopping.
In April 2021, Shahnaz Ayurveda Pvt. Ltd announced the launch of new beauty product formulations. The company has launched various formulations based on herbs, flowers, fruit extracts, essential oils, and precious minerals and gems.
Global Herbal Beauty Products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End Use, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product
Skin care
Hair care
Fragrance
By End-use
Men
Women
By Distribution Channel
Hypermarkets
Pharmacy & Drug stores
E-commerce
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Welada AG
Bio Veda Action Research Co.
Arbonne International, LLC
Vasa Cosmetics Private Limited
Klienz Herbal Pvt. Ltd.
The Himalaya Drug Company
Shahnaz Ayurveda Pvt. Ltd
Lotus Herbals Limited
Marc Anthony Cosmetics, Ltd.
Hemas Holdings PLC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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