Published on : Aug 25, 2016
ALBANY, New York, August 25, 2016: ResearchMoz.us has announced the addition of a new report, titled “Global Organic Skincare Products Market 2016-2020,” to its offering. This report provides an extensive executive analysis of the market, encapsulating the key application areas of the global organic skincare products market. Market attractiveness analysis has been presented by employing analysis tools such as SWOT analysis and Porter’s five forces analysis.
Furthermore, a thorough qualitative evaluation of the factors restraining and driving the growth of the market has been collated in the study. The competitive landscape section of the report encapsulates the weaknesses, strengths, and overall contribution of the prominent players operating in the market.
The market for organic skincare products is poised to rise at a CAGR of 10.0% between 2016 and 2020. At the beginning, the report encapsulates the market landscape section, comprising the market forecast and size. A number of crucial market highlights are also detailed under this section of the study. New innovative products are being launched in the market for organic skin care products owing to the growing demand from consumers, thus fuelling the growth of the overall market.
Various players have introduced a plethora of organic products with antioxidants and hydrating properties. Creams having both skin care and cosmetic benefits such as color correcting (CC) and blemish balms (BB) creams have become immensely popular amongst consumers. Hence, manufacturers are aiming to launch natural or organic versions of these creams, thus stimulating the development of the market.
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In the following part of the study, the market has been studied on the basis of the type of product and geography. In terms of type, the organic skincare products market is segmented into organic body lotions and organic face creams. The segment of face creams is sub-segmented into skin brightening creams, sun protection creams, and anti-aging creams. Amongst these, in 2015, organic face creams held a significant position in the market and represented a dominant share of 71%.
By geography, the organic skincare products market is segmented into Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW). Amongst these, in terms of revenue, the North America organic skin care products market excelled in 2015 and it has been predicted that this market will hold a dominant share of 34% in the global market by the end of 2020.
A number of dynamics are impacting the development of this market, as stated in the study. The soaring disposable income of consumers in the U.S is a main factor providing impetus to the growth of the market in this region. In addition, the skyrocketing demand for multifunctional organic skin care products and organic anti-aging skin care products will positively impact the overall development of this market. On the other hand, a number of issues faced in the packaging of organic skincare products may inhibit the development of the market.
At the end of the report, the vendor landscape section has been presented, encapsulating information on the prime vendors operating in the market. Some of these vendors are L’Oreal, Beiersdorf, Este Lauder, The Clorox Company, and Shiseido, as per this study.
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