Growing Consumer Preference For Homemade Remedies Such As Honey Wash, Lavender Cream, And Homemade Toothpastes, Are Major Restraints On The Personal Care Products Market's Growth.
Growing male awareness of health, wellness, personal grooming, and appearance is expected to drive an increase in demand for men's grooming products. This, in turn, is expected to boost market growth over the forecast period. Men's toiletries, such as deodorants, hair care and skin care products, and bath and shower products, are now widely available on the market. Furthermore, the skin care/sun care product segment grew at a moderate CAGR from 2014 to 2017 as a result of an ageing population and increased awareness about the benefits of using anti-aging products.
The growing consumer inclination toward enhancing and maintaining personal aesthetic appeal, growing concerns about personal hygiene, and the expanding retail industry are major factors driving growth in the global personal care products market. However, high product costs, as well as a growing consumer preference for homemade remedies such as honey wash, lavender cream, and homemade toothpastes, are major restraints on the Personal Care Products Market's Growth. Synthetic personal care products can cause eye irritation, skin rashes, hormonal imbalances, throat and nose infections, and, in some cases, cancer. To address this issue, organisations such as the FDA are focusing on developing and implementing guidelines for the production and use of cosmetics. For example, the FDA implemented the Cosmetics 21 CFR Laws, which evaluate a cosmetic product to determine its safety for consumer use.
Such laws are influencing a number of manufacturers to develop natural products, which is boosting market growth. Allnatural Cosmetics, for example, launched a line of natural personal care products such as Paul Penders BB Cream, Lumino Teeth Brightener, and Lumino Foot Butter. For example, the FDA implemented the Cosmetics 21 CFR Laws, which evaluate a cosmetic product to determine its safety for consumer use. Such laws are influencing a number of manufacturers to develop natural products, which is boosting market growth. Allnatural Cosmetics, for example, launched a line of natural personal care products such as Paul Penders BB Cream, Lumino Teeth Brightener, and Lumino Foot Butter.
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