Global Herbal Beauty Product Market Report Size, Trends & Growth Opportunity, By Product (Skin Care, Hair Care, Fragrance) By End-use (Men, Women), By Distribution (Hypermarkets, Pharmacy & Drug stores, E-commerce, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Herbal Beauty Product Market
The Global Herbal Beauty Market was worth USD 72.57 Billion in 2021 and is estimated to be USD 118 Billion growing at a CAGR of 6.66 % from 2022 to 2027.
Herbal cosmetics are created by combining various cosmetic ingredients to create a base in which one or more herbal ingredients are used to treat various skin ailments. Plants are widely used in the development of new pharmaceutical and cosmeceutical products.
Herbal products contain extracts of leaves, plants, flowers, and other plants. In other words, herbal products are made from plants for their medicinal value. They don't have any chemicals. Herbal products are typically used to improve health, but they are also said to be capable of healing wounds.
Market Drivers
Herbal beauty products are gaining popularity among consumers because they are natural and free of chemicals. There is an increased demand for herbal beauty products as people become more aware of the various side effects of chemicals. Herbal beauty products are cruelty-free cosmetics that are helping the market grow. Various social media applications and beauty blogs can effectively communicate the side effects of chemical cosmetics as well as the benefits of herbal beauty products, which are also very beneficial in the long run, thereby increasing demand for herbal beauty products.
Herb extracts are primarily used in beauty products because they have strong antibacterial and antioxidant properties, as well as the ability to inhibit pigmentation. Vitamins, witch hazel, willow herb, green tea extract, and botanical extracts are also herbal ingredients that protect skin from UV rays and pollution. All of these factors will help to increase the demand for herbal beauty products.
Market Restraints
Herbal beauty products are more expensive and premium in comparison to synthetic beauty products. The high cost of raw materials reduces the gross margins of the major players in herbal beauty products. The costly product certification process also necessitates a significant initial investment. Another issue that major players in herbal beauty products face is the availability of fake beauty products. Many customers are unable to tell the difference between natural beauty products and deceptive marketing claims. As a result, a significant number of customers choose pseudo-products, which is a factor impeding the uptake of herbal beauty products by posing as herbal beauty product market constraints.
Market Segmentation
The Global Herbal Beauty Product Market is segmented into Product (Skin Care, Hair Care, Fragrance), End-use (Men, Women), Distribution(Hypermarkets, Pharmacy & Drug stores, E-commerce, Others)
and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
The herbal beauty products market in Asia-Pacific is expanding primarily as a result of numerous safety regulations, increased consumer awareness, and customers' willingness to pay a premium for high-quality herbal products. Consumer preference for healthier lifestyles, as well as rising demand for products with low environmental impact, drive market growth. Furthermore, the growing acceptance of vegan lifestyles among millennials will almost certainly contribute to the market's expansion. Furthermore, the growing popularity of traditional Chinese ingredients in skincare products is assisting market growth among domestic consumers. Natural ingredients have risen to the top of China's priority and concern list.
Key Players
The Key Players in the Global Herbal Beauty Product Market are Weleda AG, Bio Veda Action Research Co., Arbonne International, LLC, Vasa Global Cosmetics, Hemas Holdings PLC, The Himalaya Drug Company, Marc Anthony Cosmetics, Inc., Shahnaz Ayurveda Pvt. Ltd, Lotus Herbals Limited and Klienz Herbal Pvt. Ltd.
Market Taxonomy
Product
• Skin Care
• Hair Care
• Fragrance
End-use
• Men
• Women
Distribution Channel
• Hypermarkets
• Pharmacy & Drug stores
• E-commerce
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Herbal Beauty Product Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Herbal Beauty Product Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Herbal Beauty Product Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Herbal Beauty Product Market Share Analysis, By Product
5.3 Herbal Beauty Product Market Size and Forecast, By Product
5.3.1 Skin Care
5.3.2 Hair Care
5.3.3 Fragrance
6 Herbal Beauty Product Market, By End use
6.1 Y-o-Y Growth Comparison, By End use
6.2 Herbal Beauty Product Market Share Analysis, By End use
6.3 Herbal Beauty Product Market Size and Forecast, By End use
6.3.1 Men
6.3.2 Women
7 Herbal Beauty Product Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Herbal Beauty Product Market Share Analysis, By Distribution Channel
7.3 Herbal Beauty Product Market Size and Forecast, By Distribution Channel
7.3.1 Online
7.3.2 Offline
8 Herbal Beauty Product Market, By Region
8.1 Herbal Beauty Product Market Share Analysis, By Region
8.2 Herbal Beauty Product Market Share Analysis, By Region
8.3 Herbal Beauty Product Market Size and Forecast, By Region
9 North America Herbal Beauty Product Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Herbal Beauty Product Market Share Analysis, By Product
9.3 North America Herbal Beauty Product Market Size and Forecast, By End use
9.4 North America Herbal Beauty Product Market Size and Forecast, By Distribution Channel
9.5 North America Herbal Beauty Product Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Herbal Beauty Product Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Herbal Beauty Product Market Share Analysis, By Product
10.3 Europe Herbal Beauty Product Market Size and Forecast, By End use
10.4 Europe Herbal Beauty Product Market Size and Forecast, By Distribution Channel
10.5 Europe Herbal Beauty Product Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Herbal Beauty Product Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Herbal Beauty Product Market Share Analysis, By Product
11.3 Asia Pacific Herbal Beauty Product Market Size and Forecast, By End use
11.4 Asia Pacific Herbal Beauty Product Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Herbal Beauty Product Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Herbal Beauty Product Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Herbal Beauty Product Market Share Analysis, By Product
12.3 Latin America Herbal Beauty Product Market Size and Forecast, By End use
12.4 Latin America Herbal Beauty Product Market Size and Forecast, By Distribution Channel
12.4 Latin America Herbal Beauty Product Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Herbal Beauty Product Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Herbal Beauty Product Market Share Analysis, By Product
13.3 Middle East Herbal Beauty Product Market Size and Forecast, By End use
13.4 Middle East Herbal Beauty Product Market Size and Forecast, By Distribution Channel
13.5 Middle East Herbal Beauty Product Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Weleda AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Bio Veda Action Research Co.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Arbonne International, LLC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Vasa Global Cosmetics
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hemas Holdings PLC
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 The Himalaya Drug Company
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Marc Anthony Cosmetics
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Shahnaz Ayurveda Pvt. Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Lotus Herbals Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Klienz Herbal Pvt. Ltd.sk
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
