Herbal Skincare Products Industry Size, Share and Global Industry Forecast – 2024

Beauty

Globally the Herbal Skincare Products Industry is one of the fastest growing skin care product range is estimated to escalate at a higher growth rate which is supported by the rising mass consumer demand for natural and effective products. Rapid urbanization and increased disposable income have led to consumers' inclination towards purchase of personal care products with organic ingredients which also has a positive impact on this market.

Herbal Skincare Products are treated as safe and effective, and it is the key reason behind the growth of this segment. Besides, Herbal Skincare Products s are extensively used in the manufacture of high-quality herbal cosmetics and beauty products. Demand for these products is increasing globally owing to their efficiency and low side effects which are expected to result in high demand.

All these factors will contribute to the calculated CAGR of 5.5% of herbal skincare products market during 2017-2023.

Herbal beauty products are derived from plant-based sources and have minimal side effect to the skin. Herbal skincare products are used majorly to achieve skin healing and smoothness. Herbal products are also used to enhance the skin texture owing to the herbal ingredients found in the product. Herbal skin care product is free of chemicals and contain Skincare Products s made from plant roots and leaves. Mass consumers adopting the usage of natural and organic cosmetics worldwide prefer herbal beauty products such as skin care, hair care, make-up and other products. The market share of the herbal products is evaluated to be rising as compared to other synthetic products. In addition, since the herbal beauty products contain no harmful chemicals, they are less likely to cause any skin damage which has resulted in its higher consumer preference.

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The Global Herbal Skincare Products Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW).

Asia-Pacific has the major market share followed by North America. Increased production of herbal skincare products in India, China is projected to generate a high revenue from Asia-Pacific region during the given forecast period. Changing consumer preferences for natural and authentic products will support the sale of herbal skincare products in various region during the forecast period.

The major importers of herbal skincare products include U.S., China, U.K., Germany, and Singapore. Based on the higher demand for personal care products especially in female population, the import and export of herbal skincare products for manufacturing such products in the developed countries is found to rise at a steady rate.

Global Herbal Skin Care Products Market Segmentation

The Global Herbal Skin Care Products Market is segmented based on type, form, distribution channel and region.

Segmentation by Types: Comprises Face Care, Body Care and Other.

Segmentation by Form: Comprises Cream, Gel, Liquid, Powder, and other.

Segmentation by Distribution Channel: Comprises Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce, and other.

Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.