Organic cosmetics are those that are made using substances that are sourced from nature.
Organic Cosmetics |
Organic Cosmetics products include more antioxidants and are
grown without using genetically modified organisms (GMOs) or industrial
fertilisers. Furthermore, organic cosmetics are free of artificial colours,
scents, and dyes. The production process is totally transparent, and all of the
ingredients are biodegradable, ensuring that the environment and the consumer's
health are both protected.
The ASEAN Organic
Cosmetics market is estimated to account for US$ 3,966.6 Mn in
terms of value by the end of 2019. Organic cosmetic producers in the United
Kingdom are becoming increasingly popular in a variety of industries, including
food and beauty goods. Organic cosmetics have been increasingly popular among
both women and men in recent years, since they are both ecologically friendly
and beneficial to skin health. Organic cosmetics are made using organically
grown vegetable raw ingredients, which means they must always be accompanied by
a formal certification proving their safety.
Organic cosmetics are made with natural components that are
cultivated without the use of synthetic chemicals or genetically modified
organisms. To be considered organic, a cosmetic must have at least 95% organic
components and contain no petroleum-derived substances, paraffin, formaldehyde,
or synthetic colours. Organic cosmetics are manufactured with recyclable and
biodegradable components, not only in their composition but also in their
packaging.
The market growth of ASEN organic
cosmetics can be attributed to the high production of organic
ingredients due to the wide availability of resources. As per the report
published by Foreverest Resources Ltd. in October 2018, the natural and organic
personal care market is expected to reach nearly $20 billion by 2022, and the
most rapid growth is coming from the Asia Pacific (APAC) region. In 2016, 34%
of beauty products launched in APAC nations carried a sustainable or organic
claim.
Organic skincare companies use vegetable raw ingredients
from organic farming to create their products, which means they must always be
accompanied by a legitimate certification that validates their safety. Choosing
an organic, private label cosmetic product protects your skin against premature
ageing caused by chemicals, which are included in all non-organic cosmetics on
the market. Organic cosmetics are safe and effective since they help you appear
attractive while also maintaining the health of your skin.
Market Opportunities-
The rising number of partnerships between companies, salons,
and clinics is expected to propel the market growth over the forecast
timeframe. Various clinics and salons for hair treatment are teaming up with
companies such as Avon, The Body Shop and others for distributing organic hair
care products. Moreover, rising awareness among consumers regarding the organic
cosmetic product is further projected to foster market growth over the forecast
timeframe.
The market for organic cosmetics is growing due to increased
demand for men's skin products as men become more conscious about their looks
and cleanliness. According to L'Oréal's financial report, 60 percent of young
men (aged 15 to 24 years) in the country are concerned about acne or greasy
skin, and over 70 percent of young men use a cleaning lotion. Furthermore,
increased demand for natural hair treatment products is expected to fuel
organic cosmetics market growth.
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Consumer spending on personal care is predicted to increase
throughout the forecast period, boosting market growth. Another important
aspect expected to drive organic cosmetics regional market expansion is
improving living standards along with rising GDP. The rising tendency among
manufacturers to use green components is likely to provide enormous potential
prospects for the organic cosmetics industry.
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