ASEAN Organic Cosmetics Market, by Product Type (Skin Care, Hair Care, Make up, Fragrances, Toiletries, others), by Distribution Channel (Department Stores, Franchise Outlet, Beauty Specialist Salon, Direct Sales, Chemist/Pharmacies, Internet, Others), and by Countries (Thailand, Singapore, Malaysia, Indonesia, Philippines, Vietnam)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Organic cosmetics, originated from ingredients which are certified as organic by numerous certifying institutions operating throughout the globe. These ingredients possess high level of antioxidants and are formed without the use of synthetic fertilizers and Genetically Modified Organisms (GMO). Additionally, organic cosmetics does not contain any fragrances, synthetic colors, and dyes. Organic cosmetics are manufactured to provide increased benefits such as reducing the risk of harsh skin, irritations and allergies. Organic cosmetics does not have any side effects over human body.
Market Dynamics
Based on product type, organic cosmetics market is segregated into skin care, hair care, make-up, fragrances, toiletries and others. Wherein, hair care accounted for the largest market share in terms of the revenue in 2021, and contributed for 28.3% in the same year. The major applications of organic cosmetics in hair care include hair oils, shampoos, etc.
Among country, Thailand accounted for the largest revenue share in 2021 and contributed for the revenue share of 29.3% in 2021. The regional growth is driven by increasing per capita expenditure and rising disposable income in Thailand. Additionally, Singapore region is also predicted to record fastest growth in terms of revenue during the forecast period (2022 to 2030).
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