Growing Consumer Demand for Natural Organic Products Has Propelled the Growth of the Sustainable Personal Care Products Market in the North America Region!
- Vikas Kumar
- December 22, 2023
- CONSUMER GOODS, NEWS
- Sustainable Personal Care Products Market Analysis, Sustainable Personal Care Products Market Forecast, Sustainable Personal Care Products Market Growth, Sustainable Personal Care Products Market Outlook, Sustainable Personal Care Products Market Share, Sustainable Personal Care Products Market Size, Sustainable Personal Care Products Market Trends
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The market is driven by increasing consumer demand for eco-friendly and ethically produced personal care products. Furthermore, the growing spending on beauty products is also expected to significantly influence the market growth during the forecast period. For instance, according to Zippia spendings on beauty care products reached 89.7 billion USD in 2020.
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Moreover, the rise of e-commerce and social media has made it easier for consumers to access and research sustainable personal care products, driving demand for these products even further. As a result, the North American sustainable personal care products market is expected to continue to grow in the coming years as consumers become increasingly conscious of the impact of their personal care choices on both themselves and the environment.
Further, the North American sustainable personal care products market is expected to grow at a strong CAGR of 26% during the forecast period (2022-2030). Furthermore, consumers are also becoming more conscious of their carbon footprint and are looking for products that are sustainably sourced and packaged. Moreover, some of the key players in the sustainable personal care market in the USA include L’Oreal, Unilever, Procter & Gamble, Estee Lauder, and The Body Shop. These companies are investing in sustainable sourcing, using renewable energy in their manufacturing processes, and reducing their carbon footprint through eco-friendly packaging and distribution methods.
North America Sustainable Personal Care Products Market Revenue (2020-2030) – USD Mn
Based on sustainability type, the market is segmented into renewable energy, regenerative beauty, reduced plastic, zero waste beauty, and others. The regenerative beauty segment is expected to have the largest market share of the sustainable personal care products market. Consumers are increasingly concerned about the environmental impact of their beauty products. Regenerative beauty emphasizes the use of sustainable and renewable ingredients, as well as eco-friendly packaging and production methods. Furthermore, regenerative beauty emphasizes the use of ingredients that promote the health and well-being of the skin, such as natural plant extracts and antioxidants. This approach also recognizes the link between overall health and beauty, emphasizing the importance of a healthy lifestyle and holistic self-care. These factors are expected to drive the market during the forecast period.
Based on type, the market is segmented into skincare, hair care, oral care, and hygiene products. The skincare market is expected to have the largest market share of the sustainable personal care products market. Factors such as a significant increase in demand for anti-aging skincare products that can help reduce the appearance of fine lines, wrinkles, and age spots. As people age, their skin naturally loses elasticity and moisture, making it more susceptible to damage from environmental factors such as UV rays and pollution. This has created a strong market for skincare products that contain ingredients such as retinol, hyaluronic acid, and antioxidants, which are designed to boost collagen production, retain moisture, and protect the skin from environmental damage.
For a detailed analysis of the Global Sustainable Personal Care Products Market browse through – https://univdatos.com/report/sustainable-personal-care-products-market/
Global Sustainable Personal Care Products Market Segmentation
Market Insight, by Sustainability Type
- Renewable Energy
- Regenerative Beauty
- Reduced Plastic
- Zero Waste Beauty
Market Insights, by Type
- Skin Care
- Hair Care
- Oral Care
- Hygiene Products
Market Insight, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- APAC
- China
- India
- Japan
- Rest of APAC
- Rest of the World
Top Company Profiles
- Coty Inc
- Colgate Palmolive
- Estee Lauder Companies
- Johnson & Johnson
- Kao Corporation
- L’Oreal
- L’ Occitane Group
- P&G
- Uniliver
- Weleda UK
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