In terms of value, Europe & Asia Pacific herbal beauty products market is anticipated to witness a CAGR of 3.7% during the forecast period and is expected to reach at USD 2,571.2 Million by 2026 end.
Increasing demand for green labeled cosmetics products at affordable price is expected to drive the market growth over the forecast period. The Europe & Asia Pacific herbal beauty products market is currently witnessing major trends like shifting preference of consumers towards multipurpose, long-lasting herbal cosmetics products, specialised products and others.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Increasing adoption of products with naturally-derived herbal ingredients for acne, skin and hair problems especially in Asia Pacific region is expected to further drive demand for herbal beauty products market in Europe and Asia Pacific over the forecast period.
In addition, availability of wide range of herbal cosmetics in retail outlets coupled with regular launch of new and innovative herbal beauty products by the manufacturers is expected to fuel the market growth during the forecast period.
Europe & Asia Pacific herbal beauty products market has been segmented by distribution channel which includes supermarket, specialty stores, departmental stores, drugstores, beauty salons and online/direct selling.
Among all the distribution channel segment supermarket segment is projected to account for highest share in terms of value registering a CAGR of 4.6% by 2026 end. Specialty stores segment has been estimated to occupy the second largest share accounting for 21.1% value share in 2015.
On the basis of type, Europe & Asia Pacific herbal beauty products market has been segmented into hair care, skin care, fragrance and oral care. Among all these segments, skin care segment has been estimated to represent highest value share of 45.7% in 2016 and expected to remain dominant over the forecast period. Increasing consumer preference for herbal ingredients to avoid skin and acne problems is expected to support the market growth during the forecast period.
Skin care segment is further sub-segmented as cleanser & toner, cream & lotion, facewash & scrub and others. Among all these, sub-segment cream and lotion is expected to account for major value share over the forecast period. Hair care segment is expected to occupy second largest position on the pie in terms of revenue contribution. Hair care segment is further sub-segmented as hair oil, powder, shampoo, conditioner and others.
Oral care segment is expected to represent substantial growth over the forecast period. The segment is projected to exhibit a CAGR of 3.1% in terms of value growth by 2026 end.
On the basis of region, the Europe & Asia Pacific herbal beauty products market is segmented into Europe and Asia Pacific (APAC). Among all these region Asia Pacific has been estimated to dominate the overall market in terms of value in 2015. In APAC region, market in China is expected to represent a relatively high value share over the forecast period.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Key players in the Europe & Asia Pacific herbal beauty products market include Bio Veda Action Research Co., VLCC Personal Care Ltd., Surya Brasil, Dabur India Ltd., Himalaya Global Holdings Ltd., Lotus Herbals, Hemas Holdings Plc, Sheahnaz Herbals Inc., and Herballife International of America Inc.
The Europe & Asia Pacific herbal beauty products market is predicted to grow at 3.7% CAGR through 2026.
Asia Pacific herbal beauty products market holds the highest revenue potential.
The Europe & Asia Pacific herbal beauty products market is expected to surpass USD 3197.49 Million by 2026
The Europe & Asia Pacific herbal beauty products market size is anticipated to be over USD 2223.42 Million in 2026
Expected Base Year Value (2024) | USD 21558.3 million |
---|---|
Anticipated Forecast Value (2034) | USD 35452.08 billion |
Estimated CAGR (2024 to 2034) | 5.10% |
Market Size (2023) | USD 42.65 billion |
---|---|
Market Size (2033) | USD 127.8 billion |
Market CAGR (2023 to 2033) | 11.6% |
Estimated Market Size (2023) | USD 48.4 Billion |
---|---|
Projected Market Size (2033) | USD 79.6 Billion |
Value CAGR (2023 to 2033) | 5.1% |
Explore Fast-Moving Consumer Goods (FMCG) Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.