Global Herbal Beauty Market Size, Share and Trends Analysis Report, Market by Type (Hair Care, Skin Care, Fragrance, Oral Care), By Application (Male, and Female), Forecast (2022-2028)
The global herbal beauty market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). There are some major factors contributing to market growth, including the growth of the cosmetics industry and the increasing popularity of natural and organic skincare products. The growing demand for cosmetic products is due to the increase in revenue and the increase in consumer awareness about major cosmetic products. Increased awareness among consumers towards the benefits of herbal products is leading to an increase in the introduction of herbal beauty products which in turn is driving herbal beauty market.
Product innovations coupled with advancements in the herbal beauty products are anticipated to contribute to the market growth. The growing penetration of e-commerce platforms in beauty care segment is further contributing to the market growth. In 2020, L’Oréal announced an agreement to acquire a Japanese company, Takami Co. The company also develops and markets licensed Takami-type products Takami, owned by Dr. Hiroshi Takami.L’Oréal plans to combine and buy in India to expand its skin and cosmetic portfolio due to the huge demand for herbal products in the country.
In October 2019, Beiersdorf AG acquired Coppertone, a supplier of sun protection products. With the acquisition of Coppertone products, the company will once again expand its position in the global solar care business.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Johnson & Johnson Services, Inc., L’Oréal SA, Unilever PLC, Beiersdorf AG, and KOSÉ Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Herbal Beauty Market Report by Segment
By Type
- Hair Care
- Skin Care
- Fragrance
- Oral Care
By Application
- Male
- Female
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