Herbal Beauty Products Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 111.11 Billion |
| Market Size (2029) | USD 155.11 Billion |
| CAGR (2024 - 2029) | 6.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Herbal Beauty Products Market Analysis
The Herbal Beauty Products Market size is estimated at USD 111.11 billion in 2024, and is expected to reach USD 155.11 billion by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).
- The inclination toward enhanced appearance and looks combined with increased adoption of herbal products among consumers are anticipated to benefit the expansion of the herbal beauty products market across the global market in the forecast period. There is an increasing demand for herbal beauty products, owing to the rising consumer awareness regarding the harmful effects of the chemical added to beauty products.
- Moreover, beauty companies have been acquiring herbal beauty and personal care brands to expand the consumer base who are progressively passionate about clean, green, and herbal products. The demand for herbal beauty products is anticipated to be driven by the rising usage of cosmetics containing organically derived herbal compounds like lavender, chamomile, rosemary, jojoba oil, Aloe Vera, etc., to treat skin, acne, and hair issues.
- Because herbs frequently have strong antibacterial and antioxidant effects and provide pigmentation inhibition, herbal extracts are primarily incorporated into beauty products. Additionally, herbal ingredients that protect skin from UV rays and pollution include vitamins, witch hazel, willow herb, green tea extract, and botanical extracts. All of these factors will increase the demand for herbal beauty products.
Herbal Beauty Products Market Trends
This section covers the major market trends shaping the Herbal Beauty Products Market according to our research experts:
Popularity of Cruelty-free Beauty Products to Drive the Herbal Beauty Products Market
- The growing preference for chemical-free products and the rising popularity of environmentally-sustainable products are driving the demand for herbal beauty products worldwide. The increased demand for chemical-free hair and skin products and growing awareness about cruelty-free cosmetics products support market growth.
- The significant rise in the influence of social media and beauty blogs that are communicating the benefits of herbal beauty products is likely to influence sales of herbal beauty products. Animal experimentation impacts consumer choices as social media is filled with virulent discussions against animal cruelty. Customers are fearless in publicly supporting some brands while criticizing those that don't adhere to their ethical standards.
- Moreover, herbal beauty products are suitable for all types of skin, which influences the sales of herbal beauty products such as foundation, eye shadow, and lipstick which are appropriate irrespective of skin tone. The availability of various herbal beauty products and improving distribution networks are pivotal in driving the market growth.
Asia-Pacific is the Fastest Growing Market
- The herbal beauty products market is expanding in Asia- Pacific primarily due to numerous safety regulations, increased consumer awareness, and customers' willingness to pay a high price for quality herbal products. The consumer inclination toward healthier lifestyles and the growing demand for products with low environmental impact drive market growth. Furthermore, the increasing acceptance of vegan lifestyles among millennials will likely contribute to the market's growth.
- Also, the increasing popularity of traditional Chinese ingredients in skincare products is aiding the market growth among domestic consumers. Natural ingredients have become the top priority and concern in China.
- With the growing popularity of organic products, players are developing products with exotic ingredients. For example, facial masks that contain snail cream from China are gaining extreme popularity. Face masks incorporating healing and anti-aging properties and organic ingredients, such as argan oil serum, green tea extract, and Vitamin C, are also gaining popularity.
- The key players are focusing on the environmental dimension of their strategies by creating sustainable partnerships with local vendors or providing information to their consumers about the origin and quality of their raw materials to meet consumer expectations. This approach is not only for procurement practices but also for packaging, which will change the market dynamics of the herbal beauty products market in the upcoming years.
Herbal Beauty Products Industry Overview
The herbal beauty products market is fragmented, with presence of numerous players competing for major positions in the market. Some prominent players in the market are Arbonne International LLC, Weleda AG, Dr. Hauschka, Herbline, and Himalaya Herbals. The key players are adopting various strategies such as expansion, mergers and acquisitions, partnerships, and new product development to meet the growing demand. For instance, in November 2021, Björk and Berries firm launched Faviken Bath Salt, which is prepared with hand-picked herbs and flowers from gardens in Northern Sweden. It is described as being calming. The purifying properties of birch, the calming effects of lavender, and the calming effects of chamomile flowers are said to be added to this botanical bath salt, which is produced with flowers and herbs.
Herbal Beauty Products Market Leaders
Arbonne International LLC
Weleda AG
Herbline
Dr. Hauschka
Himalaya Global Holdings Ltd.
*Disclaimer: Major Players sorted in no particular order
Herbal Beauty Products Market News
- June 2022: Himalaya launched a new equity campaign that encourages customers of all ages to prioritize health and wellness. The campaign brings to life Himalaya's vision of 'Wellness in Every Home, Happiness in Every Heart'.
- November 2021: In association with the Delhi-based AIMIL Pharma, the Fragrance and Flavour Development Centre in Kannauj came up with beauty products in line with the Union government's push to apply Ayurveda in food and beauty products. The product, Ayouthveda, has been prepared by adding time-tested herbs, also used in medicines.
- March 2021: Lotus Herbals entered the clean beauty category with Lotus Botanicals, which has a range of chemical-free skin and hair care products. The brand is also positioned in the D2C category to tap into India'sIndia's growing e-commerce industry.
Herbal Beauty Products Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Skin Care
5.1.2 Hair Care
5.1.3 Makeup and Color Cosmetics
5.1.4 Fragrances
5.1.5 Other Product Types
5.2 Distribution Channel
5.2.1 Supermarket/Hypermarket
5.2.2 Convenience Stores
5.2.3 Specialty Stores
5.2.4 Online Stores
5.2.5 Other Distribution Channels
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 Germany
5.3.2.4 France
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Himalaya Global Holdings Ltd.
6.3.2 Arbonne International LLC
6.3.3 Marc Anthony Cosmetics Inc.
6.3.4 Weleda AG
6.3.5 Herbline
6.3.6 Dr. Hauschka
6.3.7 Grown Alchemist
6.3.8 Estee Lauder Companies
6.3.9 Tata's Natural Alchemy LLC
6.3.10 AIMIL Pharmaceuticals
6.3.11 Lotus Herbals pvt. Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Herbal Beauty Products Industry Segmentation
Herbal beauty products are beauty products made of natural herbal ingredients such as aloe vera, almond, avocado, carrot, castor, clay, cocoa, coconut oil, cornmeal, cucumber, and many more, avoiding chemical usage.
The herbal beauty products market is segmented by product type, distribution channel, and geography. Based on product type, the market is segmented into skincare products, hair care products, makeup and color cosmetics, fragrances, and other product types. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online stores, and other distribution channels. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, the Middle East and Africa.
For each segment, the market sizing and forecasts have been done based on value (in USD million).
| Product Type | |
| Skin Care | |
| Hair Care | |
| Makeup and Color Cosmetics | |
| Fragrances | |
| Other Product Types |
| Distribution Channel | |
| Supermarket/Hypermarket | |
| Convenience Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
| Geography | |||||||||
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Herbal Beauty Products Market Research FAQs
How big is the Herbal Beauty Products Market?
The Herbal Beauty Products Market size is expected to reach USD 111.11 billion in 2024 and grow at a CAGR of 6.90% to reach USD 155.11 billion by 2029.
What is the current Herbal Beauty Products Market size?
In 2024, the Herbal Beauty Products Market size is expected to reach USD 111.11 billion.
Who are the key players in Herbal Beauty Products Market?
Arbonne International LLC, Weleda AG, Herbline, Dr. Hauschka and Himalaya Global Holdings Ltd. are the major companies operating in the Herbal Beauty Products Market.
Which is the fastest growing region in Herbal Beauty Products Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Herbal Beauty Products Market?
In 2024, the North America accounts for the largest market share in Herbal Beauty Products Market.
What years does this Herbal Beauty Products Market cover, and what was the market size in 2023?
In 2023, the Herbal Beauty Products Market size was estimated at USD 103.94 billion. The report covers the Herbal Beauty Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Herbal Beauty Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Herbal Beauty Products Industry Report
Statistics for the 2024 Herbal Beauty Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Herbal Beauty Products analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
