The UAE organic personal care market size is expected to reach USD 137.5 million by 2025, expanding at a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for cosmetics along with skin and hair care products coupled with rising preference for environment and animal-friendly products is expected to drive the market growth.
Organic
personal care industry includes a variety of products such as hair, oral, and
skin care products, cosmetics, and other personal grooming products. Rising
R&D expenditure to introduce improved plant and animal extracts into
various products is expected to promote demand over the forecast period.
Stringent regulations promoting the use of organic materials in skin care
industry are likely to propel market growth.
Rising
consumer awareness regarding the potential impact of organic products on the
health and environment has resulted in augmented sales of personal grooming
products over the past few years. The growing trend of reducing the consumption
of harmful chemicals including phthalates, aluminum salts, and parabens and the
committed efforts of numerous multinational corporations of shifting to
sustainable products have contributed to the rise in the consumption of organic
personal products.
Organic
products designed for skin are expected to have a high market penetration due
to increasing number of consumers, especially women, becoming more conscious
about their appearance and preferring chemical-free products. In addition,
increasing incidences of skin disorders globally have led consumers to switch
from synthetic products to natural products.
Increased
consumption of sunscreen, anti-tan products, and antiaging creams among the
middle-aged men and women is a key factor resulting in high demand for personal
grooming products. In addition, the growing demand for moisturizing lotions,
facial wipes, hair styling gels, creams, and makeup products for men is
expected to fuel the cosmetics industry growth over the forecast period.
Growing
consciousness regarding personal appearance among individuals with rising
awareness about the benefits of organic products is driving the demand for
organic grooming products. In the personal care sector, skin care is expected
to be the leading category followed by hair and oral products. Changing
perception of consumers toward organic products and growing utilization of
environmentally sustainable products have fueled the growth of naturally
derived products.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/uae-organic-personal-care-market
Further key
findings from the report suggest:
- Skin care
product segment held the largest share of the market in 2018 and the trend
is expected to continue over the forecast period
- Hair care
product segment is projected to grow at the fastest CAGR of 8.3% over the
forecast period
- Soybean oil,
aloe vera, xanthan gum, neem extract, and fish oil are some of the key raw
materials used in the manufacturing of organic products
- Manufacturers
are thriving to achieve optimum business growth by adopting strategies
including joint ventures, acquisitions, new product developments,
promotion of key product brands, capacity expansions, and substantial
investments in research & development
- Key players
involved in the manufacturing of the products include Natura Cosméticos
S.A., Yves Rocher, Amway Corporation, Kiehl’s, L'Occitane en Provence, and
The Estée Lauder Companies Inc.
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Grand View Research has
segmented the UAE organic personal care market on the basis of product:
Product Outlook
(Revenue, USD Million, 2014 - 2025)
- Skin care
- Hair care
- Oral care
- Cosmetic
- Others
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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