03.10.22
The cosmetics and personal care industry has witnessed a swift shift towards organic and natural products over the years. Growing health consciousness in wellness products and concerns related to environmental sustainability among the customers boosted the growth of organic and natural cosmetics, according to a new report from Allied Market Research.
Improved awareness of the benefits of organic products and increased usage of e-commerce channels drive the growth of the organic personal care and cosmetic products market. According to Allied Market Research, the global organic personal care and cosmetic products market is anticipated to grow at a significant CAGR of 5.3% from 2022 to 2031.
On the contrary, the speedy penetration of the e-commerce channels improved the demand for natural and organic cosmetic products across the globe. Additionally, during the pandemic, the organic personal care and the cosmetic products market witnessed a little spike in demand due to the rise in health consciousness and wellness among consumers. However, as the world is getting back to normalcy and industries have resumed their operations, the organic personal care and cosmetic products market is anticipated to recoup soon, said Allied Market Research in its report.
Improved awareness of the benefits of organic products and increased usage of e-commerce channels drive the growth of the organic personal care and cosmetic products market. According to Allied Market Research, the global organic personal care and cosmetic products market is anticipated to grow at a significant CAGR of 5.3% from 2022 to 2031.
A Rise in Wellness
The outbreak of the Covid-19 pandemic impacted the global organic personal care and cosmetic products industry. In the initial days of the pandemic, many industries have stopped their production units and other operations. The prolonged lockdown across the globe and stringent regulations on import-export trade activities to curb the spread of the virus disrupted the global supply chain.On the contrary, the speedy penetration of the e-commerce channels improved the demand for natural and organic cosmetic products across the globe. Additionally, during the pandemic, the organic personal care and the cosmetic products market witnessed a little spike in demand due to the rise in health consciousness and wellness among consumers. However, as the world is getting back to normalcy and industries have resumed their operations, the organic personal care and cosmetic products market is anticipated to recoup soon, said Allied Market Research in its report.