According to Stratistics MRC, the Global Organic Personal Care market is estimated at $10.64 billion in 2015 and is expected to grow at a CAGR of 9.6% to reach $19.83 billion by 2022. Increasing customer awareness about personal hygiene is expected to support the market growth over the forecast period. Personal care products market is observing paradigm move from artificial to organic personal care products. This can be endorsed to environmental and health hazards allied with the use of artificial personal care products, which consists of toxic chemicals such as parabens, aluminum salts, phthalates and petroleum based chemicals etc.
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The biggest segment in the natural and organic personal care product market is skin care product, followed by hair care and oral care. On the other hand, hair care product segment is anticipated to exhibit fast growth during the forecast period as compared to other segments. Oral care is another important segment of this industry. North America is considered to be the leading market for natural and organic personal care product followed by Europe and Asia-Pacific. Moreover, Europe is expected to be the second largest market in terms of demand. Japan is predicted to register the best ever growth in the global organic personal care products market.
Some of the key players in the global Organic Personal Care market are Yves Rocher, WELEDA Inc, The Hain Celestial Group, The Body Shop, Natura Cosméticos S.A, L’Occitane en Provence, L’Oréal Group , Kiehl’s, Estee Lauder , Burt’s Bee, Bare Escentuals , Aveda Corporation, Arbonne International, Amway and KORRES Group.
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