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Beauty Industry

Organic Product Market Expected to Reach $19.8 Billion by 2022

A new report by Allied Market Research covers the global market for cosmetics and personal care products.

The global market for organic personal care and cosmetic products is expected to reach $19.8 billion by 2022, registering a CAGR of 10.2% from 2016 to 2022.

This information is presented in a new report by Allied Market Research titled, “Organic Personal Care and Cosmetic Products Market – Global Opportunities and Forecasts, 2015-2022.”

Fueling this growth is the increasing interest towards beauty and personal care, coupled with a growing health awareness, the report states. 

North America was the largest market, accounting for approximately 35% of the global market revenue, followed by Europe in 2015. Asia-Pacific is estimated to register the highest CAGR of 11.1% during 2016-2022.

Key Findings

The study reports these key findings:

  • World organic personal care and cosmetic products market is expected to grow at a prominent rate of 10.2% during the forecast period.

  • The skin care segment would continue to dominate the market, accounting nearly one-third of the market size by 2022.

  • Presently, retail distribution channel dominates the global organic personal care and cosmetics products market. However, online channel is forecast to register the fastest CAGR of 11.8% during the forecast period.

  • The North America region generates the highest revenue in the global market and would maintain its leading position during the forecast period.
Key players in the market include L’Occitane en Provence, L’Oreal International, Arbonne International, LLC, Burt’s Bees, Estee Lauder Companies Inc., Amway Corporation, Oriflame Cosmetics S.A., Yves Rocher, Weleda and Aubrey Organics.

Photo: A few products by Aubrey Organics are shown above.

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