Organic Skincare Products Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Organic Skincare Products Market is Segmented By Type (Face Care, Body Care, Others), By Distribution Channel (Supermarkets/Hypermarkets, Conveniences Stores, Specialist Stores, Online Retail Stores, Other), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Organic Skincare Products Market Overview

The global organic skincare products market is forecast to reach at a high CAGR during the forecast period (2023-2030)

Organic skincare products are made up of natural ingredients. The ingredients used in them are organically farmed and do not contain genetically modified materials, synthetic residues or chemicals. Due to rising awareness of healthy and chemical-free products, the organic skincare products market has steadily grown in the past few years.

Organic Skincare Products Market Scope

To Know More Insights - Download Sample

Organic Skincare Products Market Dynamics

Growing consumers inclination towards organic skin care products

Increasing global warming and severe climate change resulted in high temperatures responsible for skin damage. Organic skin care products reduce the risk of skin irritation and allergies. Rising awareness about the harmful effect of chemical-based products on the skin. Organic skincare products contain organic vegetable oils, essential oils, essential fatty acids, and vitamins. They nourish and moisturize the skin, which helps to improve skin health. The growing number of beauty blogs on social media accounts is dedicated to the rising benefits of chemical-free products and the rising demand for organic skincare products.

Also, veganism is the lifestyle that people are adopting increasingly; it extends to skincare products. Major organic skin care manufacturing companies introduced vegan products that are not tested on animals. Increasing demand for vegan products drives the growth of organic skin care products. The acquisition strategy is increasingly being undertaken by companies to utilize their respective key strengths. For instance, in 2018, L'Oréal S.A. announced the signing of a definitive agreement for the acquisition of Logocos Naturkosmetik AG which is leading German vegan beauty products manufacturer. As per L'Oréal, Logocos owns two leading and authentic vegan brands along with its exclusive expertise in the organic beauty space, which will be offering great advantages to the L'Oréal’s growth strategy.

Organic Skincare Products Market Segmentation Analysis

Face care segment held largest market revenue share in the year 2021

Face care segment held the largest market share in 2021 and is expected to maintain dominance over the forecast period. Face care products differ by skin types, such as dry skin, normal skin, oily skin, and sensitive skin. Generally, serums, moisturizers, exfoliators, and eye creams are used for face care. The serum has antioxidant properties that protect the skin from pollution and UV rays. It is helpful in the hydration of dry skin. Moisturizers are very helpful for dry skin; they hydrate the skin and lock the moisture. For instance, ROSEN, a skin care brand, offers tropics moisturizer, a light hydrating moisturizer formulated with active ingredients such as pineapple enzymes that helps calm over-oil production and improve textured skin. Exfoliators is a face care product which removes dead skin cells and improve blood circulation. Eye creams are useful for improving under-eye smoothness and reducing the depth of larger wrinkles.

Based on the distribution channel, online retail stores are projected to hold the highest market revenue share in 2021, because consumers can have more options and more products to choose from than the retail store. Also, increasing use of smartphones is pushing online retail stores to the next level. Additionally, discounts on online retail store platforms like Amazon, Woo Commerce, Magneto, and others attract more customers and drive more sales than conventional stores.

Organic Skincare Products Market Geographical Share

Europe is expected to dominate the global organic skincare products market in the year 2021

Europe is one of the major dominating regions in the global organic skin care products market and is expected to continue its dominance during the forecast period. Some factors contributing to the growing organic skincare products market in Europe are the rise in disposable income and higher buying power increase in the demand for organic skincare products. Germany holds the largest market share of YY% in the year 2021. Germany has a robust processing sector for organic cosmetics. Germany is a leading importer of raw materials for organic cosmetics. According to exporters of natural ingredients for cosmetics in developing countries, ingredients such as vegetable oils, essential oils and botanical extracts are in high demand in Germany. France has the second-largest conventional and natural cosmetics market in Europe. The French market is characterized by more than 100 French organic skincare product brands.

The Asia Pacific is the fastest-growing organic skincare products market. Rising consumer awareness, increasing disposable income, and rising health and environmental concerns are expected to grow sales of organic skin products in the region. China is the key player with new organic skincare product launches, followed by countries such as Thailand, Malaysia and Singapore. Increasing skin issues will drive the organic skincare product market growth. Ayelli and Frank are Skincare brands that offer products to cater to such issues. For instance, in March 2020, skincare brands like Pour Le Monde and Pour le Mondewas launched in China for acne-prone skin. Organic ingredients like the essence of baobab from the seeds of baobab trees in Madagascar are used. 

Organic Skincare Products Market Companies

The organic skin care products market is fragmented. Some of the major key players operating in the organic skincare products market include Avalon Natural Products Inc., Johnson & Johnson Services, Inc., Starflower Essentials Organic Skin Care and Thesis Beauty among others. These key players are focusing on manufacturing the best possible quality of organic skincare products that could attract more consumers to drive more sales and propel the market's growth. Companies are increasingly undertaking the merger and acquisition strategy to utilize their respective key strengths. In Jan 2022, Verily and L'Oreal partnered to advance precision skin care. Around 1.9 billion people worldwide have skin issues, mostly people from the U.S. facing more skin issues as one in three people are affected by skin disease. The collaboration between Verily and L'Oreal aims to break down barriers to dermatology care and bring new insights to dermatologists that can help improve skin health outcomes.

In Jan 2022, Organic beauty brands are revolutionizing Indian skincare. Indian organic products help to nourish skin and hair. They are pocket-friendly and even support daily skincare and hair care routine. Some of the major key players are adding new products to their portfolios. For instance, in Dec 2020, Forest Essentials launched a new natural makeup product. For instance, in June 2021, SO'BiO étic, the leading organic beauty brand in France, launched its organic beauty product line in the U.S., including a hydrating day cream and organic brightening moisturizing cream, tone correcting serum, and organic cleansing foam.

COVID-19 Impact

Negative impact on the global organic skincare products market

The COVID-19 pandemic harmed the overall organic skin care product industry. The strict government regulation during the pandemic resulted in to complete shutdown of various industries; restrictions on transport resulted in a disruption in the supply chain. During the lockdown, countries close their borders. As a result, producers and exporters faced high competition to export their goods. Airplane transportation is also restricted, so producers face the problem of shipment of their products. Post-pandemic trends of organic skincare products will likely accelerate, with direct-to-consumer e-commerce, such as brand websites, shoppable social-media platforms, and marketplaces becoming more important. As Covid 19 is an infectious disease, consumers prefer more online shopping to avoid direct contact.