Global Natural Skin Care Product Market Size, Share, and COVID-19 Impact Analysis, By Type (Mass and Premium), By Product (Facial Care and Body Care), By End-use (Men, Women), By Distribution Channel (Direct Selling, Hypermarkets and Retail Chain, E-commerce, Pharmacy and Drugstores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Natural Skin Care Product Market Insights Forecasts to 2033

• The Global Natural Skin Care Product Market Size Was Estimated at USD 7.8 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 7.38% from 2023 to 2033
• The Worldwide Natural Skin Care Product Market Size is Expected to Reach USD 15.9 Billion By 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Natural Skin Care Product Market Size was worth around USD 7.8 Billion in 2023 and is Predicted to Grow to around USD 15.9 Billion By 2033 with a compound annual Growth rate (CAGR) of 7.38% between 2023 and 2033. The demand for products is expected to rise in the next years due to growing environmental concerns.  The demand for natural products is also expected to rise as young people and millennials choose to support organically grown beauty product start-ups and favor chemical-free products.

Market Overview

The industry that focuses on the manufacturing, marketing, and distribution of skin care products using natural ingredients is known as the global natural skin care product market. These goods emphasize organic, plant-based, and environmentally friendly formulas and are generally free of harsh preservatives, artificial perfumes, and synthetic ingredients. The demand for eco-friendly and chemical-free goods drives significant growth in the global market for natural skin care products. Governments everywhere are helping to foster this trend by enacting laws and issuing certificates encouraging sustainability and excellence. Guidelines for organic certification in India, which include natural skin care products, have been established by the National Programme for Organic Production (NPOP). Similar to this, strict safety and labeling requirements are enforced by the European Union's Cosmetics Regulation (EC) No 1223/2009 to guarantee the legitimacy of natural and organic products. Natural skin care products in the US that meet strict organic cultivation and processing standards are guaranteed by the USDA Organic certification. In addition to protecting the interests of consumers, these actions also motivate producers to use sustainable methods.

Report Coverage

This research report categorizes the natural skin care product market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the natural skin care product market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the natural skin care product market.  

Driving Factors

The market is becoming more conscious of the negative consequences that chemicals have on the skin, including dullness and inflammation. Customers are looking for natural, eco-friendly skin care products as a result of growing awareness of the advantages of products made with organic ingredients. The epidemic caused social isolation and stay-at-home policies that affected the manufacturing and sales of beauty and personal care items both online and offline.

Restraining Factors

The market for natural skin care products is hampered by several issues. High production costs are a major contributing element since the expense of sourcing and processing natural and organic ingredients drives up product pricing. Some customers may be put off by the fact that these items frequently have a short shelf life because they don't include artificial preservatives. 

Market Segmentation

The natural skin care product market share is classified into type, product, end-use, and distribution channel.

• The mass segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period.

Based on the type, the skin care product market is divided into mass and premium. Among these, the mass segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period. One of the main factors propelling this market's expansion is the existence of producers of goods made with organic ingredients that may be used frequently while keeping product costs in mind. For instance, Himalaya is an eco-friendly personal care company that sells a variety of skin, body, and hair care items at affordable costs.  The market for natural skin care products is still dominated by these producers and names.

• The facial care segment accounted for the majority share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the product, the skin care product market is divided into facial care and body care. Among these, the facial care segment accounted for the majority share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. One of the main causes of the segment's recent growth has been the growing inclination for intricate facial care routines among both men and women. The widespread usage of facial remedies has encouraged well-established producers to diversify their product lines by purchasing promising natural skin care businesses.

• The women segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end-use, the skin care product market is divided into men, women. Among these, the women segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth can be attributed increasing inclination towards natural skin care products to prevent breakouts and irritation from synthetic cosmetics is one of the main factors propelling market expansion. Women are more conscious of their skin and the quality of the chemicals they use for it than men are because they are more self-conscious about how they look.

• The hypermarkets & retail chain  segment led the highest share in 2023 and is expected to grow at a notable CAGR during forecast period.

Based on the distribution channel, the skin care product market is divided into direct selling, hypermarkets & retail chain, e-commerce, harmacy & drugstores, and others. Among these, the hypermarkets & retail chain segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth can be attributed because eco-friendly and sustainable products are so popular, many retailers are concentrating on revamping the product portfolio in the stores. These stores have been concentrating on offering natural and chemical-free categories set up to pique customer interest and give them the opportunity to choose from numerous brands before making a purchase.

Regional Segment Analysis of the Global Natural Skin Care Product Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the skin care product market over the predicted timeframe.

Europe is anticipated to hold the largest share of the skin care product market over the predicted timeframe. This region's consumers are highly aware of the advantages of natural and organic products, as seen by their willingness to pay more for superior items. Products with the natural label are guaranteed to adhere to strict safety and ethical standards due to established certification programs and strict regulations. Furthermore, customers growing awareness over the environmental impact of their purchases is driving the market's need for sustainability.

Asia Pacific is expected to grow at a rapid CAGR in the skin care product market during the forecast period. Rising urbanization and disposable incomes have caused a shift in consumer tastes toward eco-friendly and healthier products, which is driving this increase. Furthermore, a large supply of natural components is made available by the region's rich biodiversity, which is very beneficial for regional producers.  The growing interest in organic skin care is in line with traditional beauty practices and cures that use natural substances, thus cultural preferences also play a part.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the skin care product market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• The Body Shop
• L’Oréal
• FOM London Skincare
• Bloomtown
• Procter & Gamble
• The Estée Lauder Companies Inc.
• Mama Earth
• Mama Earth
• Unilever
• The Clorox Company
• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the skin care product market based on the below-mentioned segments: 

Global Natural Skin Care Product Market , By Type

• Mass
• Premium

Global Natural Skin Care Product Market , By Product

• Facial Care
• Body Care

Global Natural Skin Care Product Market , By End - Use

• Women
• Men

Global Natural Skin Care Product Market , By Distribution Channel

• Direct Selling
• Hypermarkets & Retail Chain
• E-commerce
• Pharmacy & Drugstores
• Others

Global Natural Skin Care Product Market , By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa