ASEAN Organic Cosmetics Market, By Product Type (Skin Care Products, Hair Care Products, Makeup Products, Fragrances, Others), By Distribution Channel (Online Retail and Offline Retail)

ASEAN Organic Cosmetics Market, By Product Type (Skin Care Products, Hair Care Products, Makeup Products, Fragrances, Others), By Distribution Channel (Online Retail and Offline Retail)

Rising health consciousness among consumers and increasing awareness about use of toxic chemical ingredients in personal care products can boost demand for organic and natural cosmetics. Moreover, burgeoning middle-class population with higher disposable income in countries like Indonesia, Thailand and Vietnam exhibit high purchasing power and willingness to pay premium prices for organic cosmetic products. Global mega trend of wellness beauty propagates into Southeast Asia as people focuses more on holistic self-care through natural beauty routines. With new product launches, innovative formulations and extensive marketing strategies, organic brands are escalating their presence in the ASEAN region.

Market Dynamics:

ASEAN organic cosmetics market growth is primarily driven by increasing consumer inclination towards toxin-free personal care products due to rising health and environmental concerns regarding use of synthetic chemicals. Growing penetration of internet and e-commerce sector has boosted the accessibility of organic brands across both urban and rural regions of ASEAN countries. However, high product and certifications costs makes organic cosmetics expensive as compared to mainstream cosmetic brands. Market players are capitalizing on the opportunity of developing more innovative product ranges tailored for the ASEAN population. Initiatives are undertaken for expanding the distribution landscape through collaborations with retail stores and online platforms.

Key features of the study:

• This report provides in-depth analysis of the ASEAN organic cosmetics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the ASEAN organic cosmetics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Estée Lauder Inc., L’Oréal Group, WELEDA Inc., Groupe L’OCCITANE, KORRES Group, The Body Shop, Innisfree, Biolife, Skin Food, Althea, Aesop, Tarte Cosmetics, 100% Pure, Herbivore Botanicals, Dr. Hauschka, Kiehl's, Lush, RMS Beauty, Sappho New Paradigm, Tata Harper
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• ASEAN organic cosmetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the ASEAN organic cosmetics market

Detailed Segmentation:

• By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
• Skin Care Products
• Hair Care Products
• Makeup Products
• Fragrances
• Others
• By Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)
• Online Retail
• Offline Retail
• Key Players Insights
• Estée Lauder Inc.
• L’Oréal Group
• WELEDA Inc.
• Groupe L’OCCITANE
• KORRES Group
• The Body Shop
• Innisfree
• Biolife
• Skin Food
• Althea
• Aesop
• Tarte Cosmetics
• 100% Pure
• Herbivore Botanicals
• Hauschka
• Kiehl's
• Lush
• RMS Beauty
• Sappho New Paradigm
• Tata Harper