Global Herbal Beauty Products Market Overview:
Herbal cosmetics are formulated by using the different cosmetic ingredients to form the base in which one or more herbal ingredients are used to cure the various skin ailments. The name itself suggests that the herbal cosmetics are natural and free from various harmful synthetic chemicals which otherwise may prove to be toxic for the skin. Compared to the other beauty products, natural cosmetics are safe to use. The market of the herbal beauty products is increasing due to the growing demand for green-labeled cosmetic products at affordable prices, but the fluctuating prices of the raw material may hinder the growing stage of the market, as there are also advanced treatment available in the market
As per latest study released by AMA Research, the Global Herbal Beauty Products market is expected to see growth rate of 6.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Billion) |
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:
Consumers are increasingly opting for greener products owing to presence of toxic ingredients in synthetic cosmetic products
Market Growth Drivers:
Increasing demand for green-labeled cosmetic products at affordable prices and Increasing adoption of products with naturally-derived herbal ingredients for acne, skin and hair problems
Challenges:
Availability of advanced beauty treatments and Higher price associated with the herbal products as compare to other cosmetics
Restraints:
Fluctuating price of raw materials and Cost–intensive product certification process followed by labor intensive production processes
Opportunities:
Availability of wide range of herbal cosmetics in retail outlets coupled with the regular launch of new and innovative herbal beauty products by the manufacturers
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Weleda AG (Switzerland), Bio Veda Action Research Co. (India), Arbonne International, LLC (United States), Herballife International of America Inc (United States), The Himalaya Drug Company (India), Shahnaz Ayurveda Pvt. Ltd (India), Lotus Herbals Limited (India) and Hemas Holdings PLC. (Sri Lanka).
Latest Market Insights:
In March 2024, Natural beauty leader Nature's Embrace announces the acquisition of TerraBloom, a company known for its ethically sourced and upcycled ingredients. This merger strengthens Nature's Embrace's position in the sustainable beauty market and allows it to expand its product offerings.
In March 2023, L'Oreal launched a new botanical skincare line called "Green Goodies" featuring recycled packaging and ethically sourced plant-based ingredients.
What Can be Explored with the Herbal Beauty Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Herbal Beauty Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Herbal Beauty Products
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 Beauty Products 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 Beauty Products 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 Herbal Beauty Products Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities, Research organisation and associations and End user.
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.