Organic Personal Care Products Market to Reach $13.2 Billion By 2018 – Amway And Arbonne Among Major Players

Doug Devos,Amway,Founder

 

According to recent report by Transparency Market Research, in 2012, the global organic personal care products market was worth an estimated US$7.6 billion and is anticipated to grow to reach a value of US$13.2 billion by 2018.

The report, titled 'Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018', also indicates that the market for organic personal care products will expand at a compound annual growth rate of 9.6% over the forecast period of 2012 to 2018.

The research report segments the Organic Personal Care Products Marketon the basis of product and region. Compared to the product-wise segmentation, the organic personal care products market is rather fragmented when it comes to geography.

The main product segments that comprise organic personal care products are cosmetics, oral care, hair care, skincare, and others. Accounting for 32.1% share of the total demand, skincare products segment led the organic personal care products market in 2011, with hair care and cosmetics segments following suit. Revenue-wise, the organic skincare products segment is anticipated to register a CAGR of 9.9% over the course of the forecast period.

Regionally, the global market for organic personal care products is segmented into North America (Canada, Mexico, and the U.S.), Europe (Spain, Italy, Russia, the U.K., France, Germany, and others), Asia-Pacific (Taiwan, Thailand, South Korea, India, China, Japan, and others), and Rest of the World (Brazil and others). Region-wise, North America emerged as the leader of the organic personal care products market in 2011, enjoying 34.8% of the demand. Within this regional market, China and Japan have been known to make a remarkable contribution of 64% in terms of revenue in 2011.

Country-wise, the U.S. was the biggest market for organic personal care products and is projected to grow at a 10.2% CAGR from 2012 to 2018. Two of the key forces that are driving the U.S. market for organic personal care products are changes in lifestyle and growing awareness regarding the benefits of these products.

The leading players of the organic personal care products market profiled in the research report are Burt's Bee, Bare Escentuals, The Body Shop, Kiehl's, The Hain Celestial Group, Inc., Aveda Corporation, Amway, Estee Lauder, Arbonne International, L'Occitane en Provence, and Natura Cosméticos S.A. Being fragmented in nature, the top 10 players of the organic personal care products market hold barely 53% of the market share in 2011.

While Bare Escentuals led the organic personal care products market in 2011 contributing 7% of the total revenue generation, The Hain Celestial Group, Burt Bee, and Estee Lauder together came in next, contributing 20% of the revenue in the same year. There have been numerous mergers and acquisitions within the organic personal care products market, which has strengthened its growth over the years.

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