Global Herbal Beauty Products Market Size, Share, Growth Analysis, By Product(Skincare, haircare), By Distribution Channel(Online retail, specialty stores) - Industry Forecast 2024-2031

PUBLISHED: March 8, 2024

PAGES: 198 Pages

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Description

Global Herbal Beauty Products Market size was valued at USD 87.75 billion in 2022 and is poised to grow from USD 92.19 million in 2023 to USD 136.83 billion by 2031, growing at a CAGR of 5.06% during the forecast period (2024-2031).

The herbal beauty products market has witnessed consistent growth, propelled by the growing inclination of consumers towards natural and organic components in skincare and cosmetics, driven by heightened awareness of health benefits and environmental issues. Key factors fueling this trend include the desire for chemical-free products and the perceived efficacy and gentleness of herbal ingredients. Both Asia-Pacific and North America stand out as significant markets, witnessing a rising demand for traditional remedies such as Ayurveda and Chinese herbal skincare. Looking ahead, the market is poised for further advancements in formulations and packaging to align with the evolving preferences of consumers seeking sustainable, plant-based beauty solutions.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Herbal Beauty Products Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Herbal Beauty Products Market Segmental Analysis

The global herbal beauty products market can be segmented based on product, distribution channel, and region. In terms of product type, it encompasses skincare, haircare, and oral care products derived from natural ingredients. Distribution channels include online retail, specialty stores, and supermarkets. Geographically, the market spans North America, Europe, Asia-Pacific, and the rest of the world.

Drivers of the Global Herbal Beauty Products Market

The growing consumer consciousness regarding the advantages of incorporating natural and herbal elements into beauty items has sparked a notable trend. More individuals are now inclined towards products containing fewer synthetic compounds and embracing formulations with natural ingredients, leading to a surge in the popularity of herbal beauty products.

Restraints in the Global Herbal Beauty Products Market

Creating stable herbal beauty products with a prolonged shelf life presents a challenge for manufacturers due to the heightened sensitivity of herbal ingredients to environmental influences and their comparatively shorter lifespan when compared to synthetic counterparts.

Market Trends of the Global Herbal Beauty Products Market

The surge in consumer demand for natural and organic beauty products is fueled by a heightened awareness of the potential risks associated with synthetic ingredients and a preference for sustainable and eco-friendly choices. This shift has notably propelled herbal beauty products, which prioritize plant-based ingredients and steer clear of harsh chemicals, to the forefront of the market.

Product Code: SQMIG30L2189

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Herbal Beauty Products Market by Product

Market Overview
Skincare
haircare
and oral care

Global Herbal Beauty Products Market by Distribution Channel

Market Overview
Online retail
specialty stores
and supermarkets

Global Herbal Beauty Products Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

The Himalaya Drug Company (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Patanjali Ayurved Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Oriflame (Sweden)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Biotique (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Forest Essentials (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
VLCC (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Weleda (Switzerland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Amway (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Arbonne International (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kiehl's (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Aveda (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Yves Rocher (France)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Natura & Co (Brazil)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Jurlique International (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Surya Brasil (Brazil)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Burt's Bees (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Botani Australia (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Aubrey Organics (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dr. Hauschka (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sahajan (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments