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Increase in use of sustainable personal care due to increasing awareness regarding environment and reusable ingredients is likely to drive the growth of the global sustainable personal care market
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According to a new report published by Allied Market Research, titled, “Sustainable Personal Care Market," The sustainable personal care market was valued at $50.8 billion in 2021, and is estimated to reach $129.7 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031. The sustainable personal care market manufactures cosmetics and personal hygiene goods for consumers. Cosmetics and personal hygiene are two subcategories of personal care. Wet wipes, toothpaste, toilet paper, talcum powder, moisturizer, shaving cream, razors, perfumes, pomade, nail files, makeup, lotion, lipstick, lip gloss, hair clippers, facial tissue, eyeliner, deodorant, cotton pads, cotton swabs, colognes, and cleansing pods are just a few personal care products available in the market. The global personal care industry is quite diverse, and it may be divided into two categories, namely, personal care items and personal care appliances. Personal care appliances have been increasingly popular around the world in recent years, and creative products on the market each year are fueling the demand for a sustainable personal care market. Sustainable Personal Care Market Download Report Sample
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/16631 Frontrunners in the industry- Coty Inc. Colgate Palmolive Company Estee Lauder Companies Inc. Johnson & Johnson Kao Corporation L’Oréal S.A. L'Occitane Group The Procter & Gamble Company Unilever plc weledauk Sustainable Personal Care Market Download Report Sample
Sustainable Personal Care Market • The sustainable personal care market is segmented on the basis of nature, type, sales channel, and region. • By type • the skin care segment is expected to grow at a CAGR of 9.2% during the forecast period. Skin care products play a crucial role in human behavior. Every individual wants to look attractive by maintaining healthy and glowing skin. Skin care products, such as serums, moisturizers, exfoliators, body lotions, and eye creams help in maintaining healthy and glowing skin. Besides, sustainable skin care products are made by using natural and organic ingredients having minimum or no side effects on human health or the environment, which is expected to fuel the demand for sustainable personal care during the forecast period. • On the basis of sales channels • the online retail segment was valued at $ 11,984.6 million in 2021 and is expected to reach $ 32,941.4 million by 2031 at a CAGR of 10.3%. An increase in the adoption of e-commerce portals in developing regions and a rise in the number of offers or discounts provided by these sites attract end users, including home consumers and institutions to purchase sustainable personal care through e-commerce platforms. Furthermore, e-commerce platforms have expanded customer reach, resulting in it becoming a major source of revenue for many businesses. Moreover, due to the rapid increase of internet-enabled mobile user bases in emerging nations, the e-commerce sector is likely to expand in the future. Download Report Sample
North America garnered the highest share • North America dominated the global sustainable personal care market size and is projected to continue this trend during the forecast period. This is majorly attributed to widespread knowledge of sustainable ingredients and products in the region. The demand for sustainable personal care is increasing in the U.S. and Canada, which boosts the regional market growth. However, Asia-Pacific is predicted to have the most promising growth rate, owing to the rapid development of the health & wellness as well as the personal care industries in the region. • Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/31a0e24e8e74d9a91048c121d3526181 • Key findings of the study • The sustainable personal care market size was valued at $ 50,791.8 million in 2021, and is estimated to reach $ 1,29,693.9 million by 2031, registering a CAGR of 9.5% from 2021 to 2031. • By nature, sustainable personal care market opportunities segments was organic and is estimated to witness the fastest growth, registering a CAGR of 9.8% during the forecast period. • By type, the skin care segment was valued at $ 25,824.6 million in 2021, and is estimated to reach $64,207.3 million by 2031, registering a CAGR of 9.2% from 2022 to 2031 in the global sustainable personal care market forecast period. • By sales channel, the hypermarkets/supermarkets segment was valued at $19,266.8 million in 2021, accounting for 37.9% of the global sustainable personal care market share. Sustainable Personal Care Market Download Report Sample
Covid-19 scenario- COVID-19 brought new issues, with the severity of COVID-19's impact depending on the portfolio and regional exposure. As a result, the personal care and cosmetic industry is dealing with a significantly altered customer and retail scenario. The cosmetics market was expected to witness rise in M&A activity in 2021, particularly in segments with a strong wellness story. Given a shaky supply chain and restrained financial flows in particular areas, minority investments and incremental acquisitions may be more likely post-pandemic than pre-pandemic period. Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert:https://www.alliedmarketresearch.com/purchase-enquiry/16631 Sustainable Personal Care Market Download Report Sample
About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Sustainable Personal Care Market Download Report Sample
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