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Showing posts with the label Natural Cosmetics Market

Natural Cosmetics Market To Witness Massive Growth By 2030

  Natural Cosmetics Industry The global natural cosmetics market size reached a valuation of USD 31.84 billion in the year 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.3% from 2024 through 2030. The primary factors fueling this market growth include the increasing expenditure on health-conscious cosmetic products and the heightened awareness among consumers about the harmful effects of chemicals present in conventional cosmetic items, particularly concerning their impact on skin health and overall cosmetic safety. Additionally, there is a notable increase in the global working population, supportive government initiatives through favorable policies and regulations, the growing penetration of the Internet, and a significant boom in the e-commerce sector. Furthermore, the availability of raw materials, ongoing technological progress, increasing consumer awareness, evolving consumer preferences, and the expanding presence of online retail platforms ha...

Natural Cosmetics Market Is Slated To Witness Tremendous Growth In Future

  Natural Cosmetics Industry The global  natural cosmetics market  size is expected to reach USD 45.60 billion by 2030, expanding at a CAGR of 5.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. High demand for natural health and wellness products among millennials due to increasing awareness about the harmful impact of synthetic chemicals is driving the growth. In addition, increasing R&D expenditure is likely to propel the growth. The supermarket and hypermarket segment was estimated to be valued at USD 13.67 billion, in 2018, followed by convenience stores; owing to rising demand for natural cosmetics. The online market is anticipated to expand at a CAGR of 4.47% during the forecast period. Consumer can access a wide range of natural cosmetics online, which is expected to remain the key driver for the segment. Opportunity to obtain the natural products online when it is not available at conventional stores is anticipated to contribut...