Market Size of Organic Skincare Products Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 8.50 Billion |
Market Size (2029) | USD 13.76 Billion |
CAGR (2024 - 2029) | 10.11 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Organic Skincare Products Market Analysis
The Organic Skincare Products Market size is estimated at USD 8.5 billion in 2024, and is expected to reach USD 13.76 billion by 2029, growing at a CAGR of 10.11% during the forecast period (2024-2029).
Skincare is an essential part of personal care. It includes everything from correction to prevention in the makeup process. The innovations and developments in the beauty industry promise to deliver improved products with a health-friendly touch. Makeup with skincare benefits has been prevalent in the market for quite a while now. Skin sensitivity and awareness about the harmful effects of chemicals and synthetic products are some factors driving the growth of the organic and natural skincare products market. Most of the consumer base tends to buy products with the terms natural or organic associated with them. They generally do not focus on the ingredients used in the product's manufacturing.
The presence of harmful chemicals in beauty and face creams can cause rashes and allergies because of skin sensitivity issues. Excessive use of makeup daily may cause wrinkles on the skin, and it becomes rough and loses natural hyaluronic acid. These are some factors increasing the preference for organic products containing less harmful chemicals and more benefits from natural ingredients. Although women's skin care products are abundant in the market, the demand for men's skincare products is also gaining traction with growing awareness. Environmental factors, like pollution and UV rays, can damage skin cells and causes acne. Organic products reduce acne and protect the skin from harmful UV rays. Such factors are expected to augment the growth of the organic skincare products market over the next five years.