Herbal Skincare Products Market 2020 – Global Industry Market Report 2027

 Market Highlights

Increasing sale of herbal skincare products is driven by rising awareness among the consumers about the benefits gained from application of natural and herbal products in its chemical-free form. High antioxidant content of herbal skincare products makes its application more significant in personal care products due to its anti-ageing properties. Increased medicinal application of herbal skin care products as a treatment for burns and infections has resulted in the growth of the product’s share in the pharmaceutical industry. Increasing disposable income and economy development has influenced the consumers’ spending behavior leading to increased expenditure on quality products with no chemicals. All these factors contribute to increased market share of herbal skin care products globally. The consumption as well as production of herbal skincare products is found to be high in Asia Pacific region and is evaluated to increase at a positive growth rate in various countries of North America, Europe. 

Key Players

The major key players in Herbal Skincare Products market are

Weleda AG (Swirtzerland)

The Himalaya Drug Company (India)

Renpure Organics (U.S.)

Tata's Natural Alchemy, LLC (U.S.)

Arbonne International LLC (U.S.)

VLCC Health Care Limited (India)

Basics (U.S.)

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Downstream Analysis

Consumption of herbal skincare products is growing at a significant rate based on high consumers demand for products containing natural ingredients such as aloe vera which give effective results and prevents skin irritations. Multi-purpose application of herbal skincare products for healing as well as enhancing the skin appearance across has led to its increased consumption globally. As consumers are becoming more beauty conscious globally, face care products tend to hold a major share in the market. Further, based on the form, cream dominates the segment based on easy application and high shelf-life of the product.
Sale of herbal skincare products through supermarkets and hypermarkets is found to be high on a global level. This is due to consumer convenience and preference for one-stop shopping experience. In addition, based on the adoption of advanced technology by the consumers into their daily routine and convenience shopping experience, the sale of Herbal Skincare Products through e-commerce is found to escalate at a positive growth rate.

Regional Outlook:

The Global Herbal Skincare Products Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific holds a major market share followed by North America region. Developing economy has resulted in changed consumer’s spending behavior leasing to increased demand for herbal products from the developed countries of regions contributing to the positive growth of herbal skincare products market. U.S., China, U.K., Germany, and Singapore are the major importers of herbal skincare products.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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