The Asia Pacific Natural Skin Care Products Market would witness market growth of 9.95% CAGR during the forecast period (2020-2026). Increasing awareness about the benefits of natural products compared to synthetic counterparts is likely to have a positive impact on increasing demand over the foreseeable period. The R&D expenditure has been increased by key companies to develop better-quality animal and plant extracts into several natural products that are anticipated to propel market growth.
Growing E-commerce is one of the key factors that is promoting market growth as there is the availability of a wide variety of products. Nowadays, the online sector is the main source that is used by consumers to access products else unavailable in malls and small retail stores, mainly in developing countries. This trend is likely to drive product demand over the foreseeable period.
Strict regulations posed for promoting the use of the natural product in the skincare industry is anticipated to propel growth. Technological advancement involving oligopeptides is used to increase the shelf life of the product and also their efficiency is increased and this is likely to have a positive impact on the growth of the market in the coming years. Product accessibility has been growing in the past few years due to flared distribution networks of both manufacturers and suppliers. There has been an increase in the accessibility of these products in malls, supermarkets, and drugstores, which is contributing to increased accessibility. Rising product availability is likely to drive the natural skincare market in the coming years.
Based on Type, the market is segmented into Mass and Premium. Based on End User, the market is segmented into Women, Men and Children. Based on Product, the market is segmented into Body Care and Facial Care. Based on Distribution Channel, the market is segmented into E-commerce, Hypermarkets & Retail Chain, Specialty stores, Direct Selling and Other Distribution Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Natural Skin Care Products Market in Asia Pacific is expected to register a CAGR of 9.95% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Estee Lauder Companies, Inc., The Procter and Gamble Company, Unilever PLC, Natura & Co., L'Oreal Group, The Clorox Company, Mamaearth (Honasa Consumer Pvt. Ltd.), The Honest Company, Inc., FOM Cosmetics UK Ltd., and Bloomtown.
Market Segmentation:
By Type
By End-User
By Product
By Distribution Channel
By Country
Companies Profiled
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