Published Date : Aug 22, 2016
ALBANY, NY, Aug 22, 2016 - MarketResearchReports.biz has added a new report, titled ‘Global Organic Skincare Products Market 2016-2020,’ to its offering. This report presents a detailed understanding of the market for organic skincare products and presents an accurate picture of the factors fuelling and impeding the growth of the market. The commercially launched products in the market and the reasons for their growing popularity also form an integral part of this study. For calculating the size of the market for organic skincare products, the study takes into account the revenue that has been generated from the sale of organic skin care products.
The first section provides an introduction to the market and presents the forecast of the market all through the forecast horizon. The global organic skincare products market is predicted to expand at a 10.0% CAGR from 2016 to 2020. There has been a growing demand for organic skin care products globally owing to the increasing awareness on the harmful impacts of the chemicals being used in skin care products.
A number of players in the market are actively working on increasing the shelf life of organic skin care products, as it tends to be low owing to the absence of preservatives in these products. Different organic skin care products have varied functions and problem-specific products are also being introduced in the market to address the skin care requirements of different customers. These factors will positively impact the development of the global organic skincare products market.
Next, the segmentation of the market has been presented. On the basis of type, the report segments the market into organic face creams and organic body lotions. Of these, the segment of organic face creams led the market in 2015 and constituted a share of 71%. Face creams are further categorized into sun protection creams, anti-aging creams, and skin brightening creams.
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Geographically, the report categorizes the organic skincare products market into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Of these, revenue-wise, North America dominated the market in 2015 and is poised to hold a significant share of over 34% by 2020. The increasing demand for cutting-edge organic skin care products in the U.S. is a key factor stimulating the growth of the market in North America.
Moving further, the factors driving and restraining the growth of the market have been presented. The soaring demand for chemical-free products globally and the introduction of new improved formulations of skin care products by key players will provide impetus to the overall growth of the market. In addition, the increasing demand for green cosmeceuticals is a key trend seen in the market. However, the short lifespan of organic skincare products is a key factor impeding the growth of the market.
As mentioned in the report, the key players operating in the global organic skincare products market are Beiersdorf, Este Lauder, L’Oreal, Shiseido, and The Clorox Company, among others.
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