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Organic Personal Care Market to Reach US$18.7 bn by 2022, Globally

Transparency Market ResearchRising Air Pollution Drives Demand from Organic Personal Care Market

The global organic personal care market is likely to experience steady growth in the coming years due to the growing popularity of organic products in the FMCG sector. The organic personal care sector has thus grown rapidly in the last few years and is likely to exhibit a steady growth rate in the coming years. The organic personal care market is also set to benefit from other driving factors such as the rising popularity of modern sales channels and the growing disposable income of urban consumers.

According to Transparency Market Research, the global organic personal care market is set to exhibit a strong 11.3% CAGR between 2017 and 2022. The market’s valuation is expected to rise from US$10.9 bn to US$18.7 bn over the forecast period.

Here are the key insights into the global organic personal care market:

The growing popularity of organic products is the prime driver for the global organic personal care market. While the cosmetics sector has grown at a rapid pace in recent years, consumers are becoming increasingly wary of the high content of potentially harmful chemicals in popular cosmetic formulations. This has led to a growing demand for organic alternatives. Driven by the steady growth of the organic food industry, the demand for organic products has grown by leaps and bounds over the last few years and is likely to dominate the growth trajectory of several FMCG markets in the coming years. The rising regulatory support to organic products is thus likely to remain a key driver for the global organic personal care market in the coming years.

The rising availability of modern sales channels such as hypermarkets has helped the global organic personal care market. Modern shopping avenues are particularly prevalent in urban areas, where the demand for organic products is also high. The rising disposable income of consumers in urban areas is also likely to remain a key driver for the global organic personal care market in the coming years, organic personal care products tend to be more expensive than conventional products, since the latter enjoy an economy of scale that the organic personal care industry has yet to achieve.

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