JERSEY CITY, N.J., July 30, 2024 /PRNewswire/ -- InsightAce Analytic
Pvt. Ltd. announces the release of a market assessment report on
the "Sustainable Beauty and Skincare Market'- By Type (Organic
Beauty Products, Natural Skincare Products, Vegan Beauty
Products, Cruelty-Free Cosmetics, Clean Beauty Products), By
Application (Facial Care, Hair Care, Body Care, Makeup and
Cosmetics, Fragrances) By Distribution Channel (Online Retail,
Brick-and-Mortar Stores, Specialty, Beauty Stores, Health and
Wellness Retailers, Direct Sales), Region, Market Outlook And
Industry Analysis 2031."
The Sustainable Beauty and Skincare Market is valued at
US$ 176.6 Bn in 2023, and
estimated to reach over USD 326.8
Bn by 2031, exhibiting a CAGR of 8.26% during the
forecast period.
The clean beauty movement places the highest premium on
sustainability, safety, and transparency in the skincare industry.
People can take better care of their physical appearance and have a
smaller environmental impact when they appreciate clean beauty.
Everyone may contribute to the sustainable beauty revolution in the
future, which promises to be a fascinating time of inventions and
improvements.
Download Free Demo Report, Excel Pivot and ToC:
https://www.insightaceanalytic.com/request-sample/2618
The need for sustainable beauty products is being driven by the
concerns of younger generations, including in relation to
environmental and ethical issues. For instance, In July 2024, the investigation of nanotechnology
for developing cosmetics using plant and animal byproducts emerged
as a high-tech approach to sustainable beauty. Nanocarriers enhance
bioavailability and efficacy by allowing greater penetration and
controlled release of bioactive substances.
Utilizing byproducts reduces waste and promotes a circular
economy, thereby lessening the environmental impact of the
cosmetics industry. Additionally, these materials, sourced
naturally, can be more affordable than synthetic equivalents.
Natural-source nanocarriers have a lower potential for negative
side effects, making them safer and more biocompatible for skin
applications. To fully optimize strategies for sustainable,
naturally derived cosmetic raw materials, collaboration is both
advantageous and necessary.
List of Prominent Players in the Sustainable Beauty
and Skincare Market:
- 100% Pure
- Acure Organics
- Amway Corporation
- Arbonne International
- Avalon Natural Products, Inc. (US)
- Aveda
- Avon
- Beauty with Cruelty
- Billy Jealousy, LLC
- Burt's Bees
- Caudalie
- Clean Cosmetics
- Coty Inc.
- Dr. Hauschka
- e.l.f. Cosmetics, Inc. (US)
- Elf Cosmetic Company
- Eminence Organic Skin Care
- Ere Perez
- Estee Lauder Companies Inc.
- Groupe Rocher
- Hera Beauty Ltd.
- Herbivore Botanicals
- Herrco Cosmetics
- Honest Co.
- Ilia Beauty
- INIKA Organic (Australia)
- Josie Maran Cosmetics
- Juice Beauty
- Kendo Holdings, Inc. (US),
- Kjaer Weis
- Kosé Corporation (Japan)
- Live Clean
- L'Occitane Group
- L'Oreal S.A.
- Lush Cosmetics
- LVMH Group
- MuLondon
- Natura & Co.
- Odacité Skincare
- Pacifica Beauty
- Pai Skincare
- PHB Ethical Beauty Ltd (UK)
- Plum Goodness (India)
- Purity Cosmetics
- RMS Beauty
- Seraphine Botanicals
- Shiseido Company Limited
- Sukin Skincare
- Tata Harper Skincare
- The Body Shop
- The Clorox Company
- The Estee Lauder Companies
- The Honest Company, Inc.
- True Botanicals
- Unilever plc.
- Urban Decay
- W3LL PEOPLE
- Weleda AG
- Yes To, Inc.
- Yves Rocher
- Zuii Organic
- Other Prominent Players
Sustainable Beauty and Skincare Market Report Scope:
Report
Attribute
|
Specifications
|
Market Size Value In
2023
|
USD 176.6 Bn
|
Revenue Forecast In
2031
|
USD 326.8 Bn
|
Growth Rate
CAGR
|
CAGR of 8.26% from 2024
to 2031
|
Quantitative
Units
|
Representation of
revenue in US$ Bn and CAGR from 2024 to 2031
|
Historic
Year
|
2019 to 2023
|
Forecast
Year
|
2024-2031
|
Report
Coverage
|
The forecast of
revenue, the position of the company, the competitive market
structure, growth prospects, and trends
|
Segments
Covered
|
By Type, By
Application, By Distribution Channel.
|
Regional
Scope
|
North America; Europe;
Asia Pacific; Latin America; Middle East & Africa
|
Market Dynamics:
Drivers:
There is a growing preference for products that are
cruelty-free, vegan, and ethically sourced, reflecting a broader
trend towards ethical consumerism. The demand for sustainable
packaging solutions, such as recyclable, biodegradable, and
reusable materials, is driving innovation in the beauty industry.
Advances in green chemistry enable the development of eco-friendly
formulations and manufacturing processes that minimize
environmental impact. The expanding market for premium and niche
beauty products, including organic and natural options, is driving
overall growth in the sustainable beauty sector.
Challenges:
Natural and organic ingredients can be less stable than
synthetic ones, posing challenges in ensuring a product's shelf
life and effectiveness. Educating consumers about the benefits and
importance of sustainable beauty products is crucial but
challenging. Misunderstandings and lack of awareness can affect
consumer adoption.
Regional Trends:
North America holds the largest
share of the sustainable beauty and skincare market. The region is
a hub for innovation in sustainable beauty, with significant
advancements in nanotechnology, green chemistry, and eco-friendly
packaging. Consumers in North
America are increasingly seeking transparency in product
ingredients and ethical practices. Brands that offer cruelty-free,
vegan, and sustainably sourced products are particularly popular.
However, Asia Pacific is
experiencing rapid growth in the sustainable beauty sector. Rising
disposable incomes and increasing awareness of environmental issues
are contributing factors.
Curious about this latest version of the report? @
https://www.insightaceanalytic.com/enquiry-before-buying/2618
Recent Developments:
- In Jan 2024, Ilia's
Beauty, launched two highly popular products, The Cleanse Soft
Foaming Cleanser and the highly sought-after Bright Start Activated
Eye Cream, which has sold out three times since its inception.
According to Sasha Plavsic, the
brand's founder, the company continues to push the boundaries in
the skincare area with practical and effective products.
- In Dec 2023, Burt's Bees
presented three important research abstracts at the Integrative
Dermatology Symposium 2023 that highlight the efficacy of natural
component product formulations in the skin care industry. The
abstracts looked at various topical solutions that incorporate
botanical elements like organic plant oils and the brand's
distinguishing beeswax. They also included data on the products'
ability to reduce age spots, keep the lip microbiome healthy, and
balance the skin barrier for people with sensitive skin.
Segmentation of Sustainable Beauty and Skincare
Market,
Global Sustainable Beauty and Skincare Market -
By Type
- Organic Beauty Products
- Natural Skincare Products
- Vegan Beauty Products
- Cruelty-Free Cosmetics
- Clean Beauty Products
Global Sustainable Beauty and Skincare Market – By
Application
- Facial Care
- Hair Care
- Body Care
- Makeup and Cosmetics
- Fragrances
Global Sustainable Beauty and Skincare Market – By
Distribution Channel
- Online Retail
- Brick-and-Mortar Stores
- Specialty Beauty Stores
- Health and Wellness Retailers
- Direct Sales
Global Sustainable Beauty and Skincare Market – By
Region
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and
Africa
For More Customization @
https://www.insightaceanalytic.com/customisation/2618
Why should buy this report:
- To receive a comprehensive analysis of the prospects for global
Sustainable Beauty and Skincare market
- To receive industry overview and future trends of global
Sustainable Beauty and Skincare market
- To analyze the Sustainable Beauty and Skincare market drivers
and challenges
- To get information on the Sustainable Beauty and Skincare
market size value (US$ Mn) forecast till 2031
- Major Investments, Mergers & Acquisition in global
Sustainable Beauty and Skincare industry
Other Related Reports Published by InsightAce
Analytic:
Next-Generation Personalized Beauty Market
Bio-Based Cosmetics and Personal Care Ingredients Market
Microbiome Cosmetics Market
Goat Milk Cosmetics Market
Probiotic Cosmetic Products Market
About Us:
InsightAce Analytic is a market research and consulting firm
that enables clients to make strategic decisions. Our qualitative
and quantitative market intelligence solutions inform the need for
market and competitive intelligence to expand businesses. We help
clients gain competitive advantage by identifying untapped markets,
exploring new and competing technologies, segmenting potential
markets and repositioning products. Our expertise is in providing
syndicated and custom market intelligence reports with an in-depth
analysis with key market insights in a timely and cost-effective
manner.
Contact Us:
InsightAce Analytic PVT. LTD
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Follow us on LinkedIn:
https://www.linkedin.com/company/insightace-analytic-pvt-ltd/
Logo:
https://mma.prnewswire.com/media/1729637/InsightAce_Analytic_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/sustainable-beauty-and-skincare-market-will-expand-usd-326-8-billion-to-2031--says-latest-insightace-analytic-pvt-ltd-survey-302209896.html