Global Herbal Personal Care Product Market Overview:
Herbal Personal Products are created by combining various personal care ingredients to create a base in which one or more herbal ingredients are used to treat various skin ailments. The name implies that herbal products are natural and free of all harmful synthetic chemicals that would otherwise be toxic to the skin. These are cosmetic products that are used not only for beautification but also for various skin ailments. These products improve the functioning/texture of the skin by boosting collagen growth, eradicating the harmful effects of free radicals, maintaining keratin structure in good condition, and making the skin healthier. There are a variety of herbs that are naturally present that can be used in personal care preparation products for skincare, hair care, and antioxidants.
As per latest study released by AMA Research, the Global Herbal Personal Care Product market is expected to see growth rate of 6.7%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Popularity of Vegan Products
Market Growth Drivers:
Increasing Prevalence of Herbal Ingredients and Rising Demand for Environmentally-Friendly Product
Challenges:
Increasing Failure to meet International Standards
Restraints:
High Cost of Organic Products
Opportunities:
Growth of Social Media Visibility and Increasing Skin Diseases Due to Poor Quality Products
Competitive Landscape:
The demand for Herbal Personal Care Product is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are The Himalaya Drug Company (India), Dabur (India), ITC Limited (India), The Honest Company (United States), Hindustan Unilever (India), Marico Limited (India), Weleda (Switzerland), Henkel (Germany), Hemas Holdings PLC (Sri Lanka), Natura & Co (Brazil) and Clariant AG (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like True Botanicals (United States), Madara Cosmetics (Latvia) and Forest Essentials (India). Analyst at AMA Research see India Vendors to retain maximum share of Global Herbal Personal Care Product market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Online {Company Website, E-Commerce Website} will boost the Herbal Personal Care Product market. Considering Market by End User, the sub-segment i.e. Men will boost the Herbal Personal Care Product market.
Latest Market Insights:
In March 2021, Vasu Healthcare, an Ayurvedic and herbal product manufacturer, launched a new line of herbal skincare products under the brand name "Vasu Naturals".
In July 2021 Marico Limited had announced the acquisition of majority stake in Apcos Natural. This investment is part of Marico's strategy to accelerate its digital transformation by creating scalable digital-first brands, either organically or inorganically, and premiumizing its personal care offering.
What Can be Explored with the Herbal Personal Care Product Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Herbal Personal Care Product Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Herbal Personal Care Product
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Herbal Personal Care Product market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Herbal Personal Care Product market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, Herbal Product Suppliers and Distributors, Raw materials Suppliers, New entrants/investors, Analysts and Strategic Business Partners and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.