May 17, 2023

News provided by Share this article Share this article NEW YORK, May 17, 2023 /PRNewswire/ -- The herbal cosmetics market  size is estimated to grow by USD 34.64 billion during 2022-2027. Moreover, the growth momentum will progress at a CAGR of 6.83%. The market is segmented by distribution channel (offline and online), product (skin care, hair care, and body care), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The offline segment will account for a significant share of market growth during the forecast period. Specialty stores, supermarkets/hypermarkets, department stores, drugstores/pharmacies, health and wellness stores, and salons and spas are some of the offline channels. These channels provide consumers with easy access to a wide variety of products, which will drive the growth of the market during the forecast period. The expansion of organized retailing is driving market growth. Providers are focusing on strengthening their distribution networks in the organized retail sector to increase sales volume. Organized retail distribution channels such as hypermarkets, supermarkets, and specialty stores allow consumers to physically examine the product before purchasing. They help vendors with marketing, advertising, and promotion. The number of retail outlets is increasing globally, which is increasing the reach and awareness of luxury personal care products, including herbal cosmetics. These factors are expected estimated to fuel the growth of the market during the forecast period. Get the market share report that provides valuable insights and analysis on the current state of the market., Request the sample report now! . Herbal cosmetics market insights - Vendors: 15+, including Alna Vedic, APCOS NATURALS PVT. Ltd., Ayur Herbals, Group Fourteen holdings Pty Ltd., HCP Wellness, Herbline, Himalaya Global Holdings Ltd., Jovees Herbal Care India Ltd., Khadi Natural, LOreal SA, Lotus Herbals Pvt. Ltd., MyChelle Dermaceuticals LLC, Patanjali Ayurved Ltd., The Hain Celestial Group Inc., The Procter and Gamble Co., Vaadi Herbals Pvt. Ltd., WALA Stiftung, Weleda Group, Yves Rocher Amerique du Nord Inc., Emami Ltd., among others Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors Segments: Distribution channel (offline and online), product (skin care, hair care, and body care), and geography (APAC, Europe, North America, South America, and Middle East and Africa) In 2017, the herbal cosmetics market was valued at USD 70.60 billion. From a regional perspective, APAC held the largest market share, valued at USD 26.12 billion. Herbal cosmetics market - Customer landscape To help companies evaluate and develop growth strategies, the report outlines – Key purchase criteria Herbal cosmetics market - Vendor insights The global herbal cosmetics market is fragmented due to the presence of several international and domestic players. Established players have a competitive advantage owing to their large scale of operations and the high popularity of their brand names. The competition among vendors is mainly based on product line extensions and innovative offerings. In addition, vendors are investing actively in R&D activities due to regulations regarding product safety. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Ayur Herbals - The company offers herbal cosmetics such as Ayur Herbals Charcoal Face Wash, Ayur Herbals Neem and Tulsi Face Wash, and Ayur Herbals Tea Tree Face Wash. Yves Rocher Amerique du Nord Inc. - The company offers herbal cosmetics such as 46h nonstop moisturizing gel, Anti fatigue moisturizing fresh gel, Zero blemish moisturizing gel. Alna Vedic - The company offers herbal cosmetics such as gold serum, Alan pure Syp blood purifier, and charcoal serum. APCOS NATURALS PVT. Ltd. - The company offers herbal cosmetics such as Herb enriched ayurvedic lipstick, Nourishing lip and cheek tint, and Hydrating skin tint. Herbal cosmetics market – Market dynamics Major trends Increasing preference for online shopping Growing demand for organic and environment-friendly herbal cosmetics Personalized home salon services have become an emerging trend globally. The number of application-based service providers offering at-home makeup services has increased significantly in the past decade. These mobile applications enable consumers to access makeup services at their preferred addresses. The use of such services has increased the consumption of herbal cosmetics such as herbal body lotion, hair care, and face cream. For instance, GLAMSQUAD Inc. (GLAMSQUAD) provides hair, makeup, and special event services. The demand for these services is high, which, in turn, will support market growth during the forecast period. Key challenges Availability of substitute products Growing adoption of clinical treatments Herbal cosmetics are often marketed as luxury products, and their prices are high. As a result, they are unaffordable for various customers. Manufacturers use high-quality raw materials to adhere to strict government regulations. For instance, European importers of herbal ingredients are required to register with the Central Authority for the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH). As a result, manufacturers are compelled to sell their products at high prices. These factors will challenge the growth of the market during the forecast period. Get a holistic view of the market Don't miss out on valuable insights- Buy the Report  and grow your profit margin with Technavio What are the key data covered in this herbal cosmetics market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the herbal cosmetics market between 2023 and 2027 Precise estimation of the size of the herbal cosmetics market and its contribution to the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the herbal cosmetics market across APAC, Europe, North America, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of herbal cosmetics market vendors Register for a free trial today and gain instant access to 17,000+ market research reports Related Reports: The herbal tea market size is estimated to grow at a CAGR of 4.94% between 2022 and 2027. The market size is forecasted to increase by USD 885.1 million. This report extensively covers market segmentation by type (green, black, and yellow), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The herbal extract market size is expected to increase by USD 23.40 billion from 2021 to 2026. Furthermore, this report extensively covers market segmentation by application (pharmaceuticals, personal care, and others) and geography (APAC, North America, Europe, MEA, and South America). Herbal Cosmetics Market Scope Key companies profiled Alna Vedic, APCOS NATURALS PVT. Ltd., Ayur Herbals, Group Fourteen holdings Pty Ltd., HCP Wellness, Herbline, Himalaya Global Holdings Ltd., Jovees Herbal Care India Ltd., Khadi Natural, LOreal SA, Lotus Herbals Pvt. Ltd., MyChelle Dermaceuticals LLC, Patanjali Ayurved Ltd., The Hain Celestial Group Inc., The Procter and Gamble Co., Vaadi Herbals Pvt. Ltd., WALA Stiftung, Weleda Group, Yves Rocher Amerique du Nord Inc., and Emami Ltd. Market dynamics Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Browse for Technavio consumer staples market  reports and discover new ways to improve your marketing efforts Table of contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size Exhibit 18: Historic Market Size – Data Table on global herbal cosmetics market 2017 - 2021 ($ billion) 4.2 Distribution Channel Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion) 4.3 Product Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion) 5 Five Forces Analysis 6 Market Segmentation by Distribution Channel 6.1 Market segments Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%) 6.2 Comparison by Distribution Channel Exhibit 32: Chart on Comparison by Distribution Channel Exhibit 33: Data Table on Comparison by Distribution Channel 6.3 Offline - Market size and forecast 2022-2027 Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ billion) Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ billion) Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%) 6.4 Online - Market size and forecast 2022-2027 Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ billion) Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ billion) Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by Distribution Channel Exhibit 42: Market opportunity by Distribution Channel ($ billion) Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion) 7 Market Segmentation by Product 7.1 Market segments Exhibit 47: Data Table on Comparison by Product 7.3 Skin care - Market size and forecast 2022-2027 Exhibit 48: Chart on Skin care - Market size and forecast 2022-2027 ($ billion) Exhibit 49: Data Table on Skin care - Market size and forecast 2022-2027 ($ billion) Exhibit 50: Chart on Skin care - Year-over-year growth 2022-2027 (%) Exhibit 51: Data Table on Skin care - Year-over-year growth 2022-2027 (%) 7.4 Hair care - Market size and forecast 2022-2027 Exhibit 52: Chart on Hair care - Market size and forecast 2022-2027 ($ billion) Exhibit 53: Data Table on Hair care - Market size and forecast 2022-2027 ($ billion) Exhibit 54: Chart on Hair care - Year-over-year growth 2022-2027 (%) Exhibit 55: Data Table on Hair care - Year-over-year growth 2022-2027 (%) 7.5 Body care - Market size and forecast 2022-2027 Exhibit 56: Chart on Body care - Market size and forecast 2022-2027 ($ billion) Exhibit 57: Data Table on Body care - Market size and forecast 2022-2027 ($ billion) Exhibit 58: Chart on Body care - Year-over-year growth 2022-2027 (%) Exhibit 59: Data Table on Body care - Year-over-year growth 2022-2027 (%) 7.6 Market opportunity by Product Exhibit 60: Market opportunity by Product ($ billion) Exhibit 61: Data Table on Market opportunity by Product ($ billion) 8 Customer Landscape Exhibit 66: Data Table on Geographic comparison 9.3 APAC - Market size and forecast 2022-2027 Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.4 Europe - Market size and forecast 2022-2027 Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.5 North America - Market size and forecast 2022-2027 Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 China - Market size and forecast 2022-2027 Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion) Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion) Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%) 9.9 US - Market size and forecast 2022-2027 Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion) Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion) Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%) 9.10 Germany - Market size and forecast 2022-2027 Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%) 9.11 France - Market size and forecast 2022-2027 Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ billion) Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ billion) Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%) 9.12 South Korea - Market size and forecast 2022-2027 Exhibit 103: Chart on South Korea - Market size and forecast 2022-2027 ($ billion) Exhibit 104: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion) Exhibit 105: Chart on South Korea - Year-over-year growth 2022-2027 (%) Exhibit 106: Data Table on South Korea - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 107: Market opportunity by geography ($ billion) Exhibit 108: Data Tables on Market opportunity by geography ($ billion) 10 Drivers, Challenges, and Trends 10.1 Market drivers Exhibit 109: Impact of drivers and challenges in 2022 and 2027 10.4 Market trends 11.3 Landscape disruption 11.4 Industry risks About Us Technavio is a leading global technology research and advisory company. 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