Global natural cosmetics market is growing, projected to reach $76.5 billion by 2033
From GlobeNewswire: 2024-12-03 13:30:00
The global Natural Cosmetics Market size was valued at approximately USD 45.2 Billion in 2023 and is projected to reach USD 47.6 Billion in 2024, with a forecasted value of around USD 76.5 Billion by 2033, growing at a CAGR of 5.4% during the period 2024 to 2033. Increasing consumer awareness and demand, regulatory support, innovation in formulations, expansion of distribution channels, clean beauty trends, globalization, and social media influence are driving market growth. Companies are emphasizing sustainability and eco-friendliness in product development. In 2022, Global Bioenergies introduced a new natural cosmetic ingredient, isododecane, while The Body Shop launched a perfume line with vegan and sustainable packaging. The market report covers market size, growth rate, key segments, regional scope, and buying options for tailored research needs. The Natural Cosmetics Market Report for 2024 includes an in-depth analysis with a focus on the impact of the COVID-19 pandemic. The industry experienced disruptions in supply chains, shifts in consumer spending patterns, and increased focus on health and wellness. Companies are innovating in product offerings and expanding into emerging markets for recovery. Government support has also played a role in stabilizing the market. Request a customized copy for detailed insights. The COVID-19 pandemic has impacted the Natural Cosmetics Market, presenting challenges and opportunities. Key questions answered in the report include market size, growth rate, top companies, fastest-growing segments, and essential players in the value chain. Market dynamics, segmentation, and competitive landscape are also detailed.
The Natural Cosmetics Market is analyzed regionally, with North America focusing on clean beauty and indie brands, Europe valuing organic certifications and sustainable packaging, Asia-Pacific experiencing rapid growth due to rising disposable incomes, and LAMEA incorporating heritage ingredients and traditional beauty rituals.
Prominent players in the Natural Cosmetics Market include L’Oréal, Estée Lauder, Shiseido, Beiersdorf, and more. A free sample report is available for access, with comprehensive coverage, market tables and figures, customization options, best price guarantee, and post-sale service assistance. Special deals include discounts, service guarantees, and personalized market briefs by the author. 1. The stock market saw a sharp decline today, with the Dow Jones dropping 500 points due to fears of an economic slowdown. Tech stocks were hit particularly hard, with Apple and Amazon both experiencing significant losses.
2. In international news, tensions between the US and Iran continue to escalate as President Trump imposes new sanctions on the country. This comes after Iran shot down a US drone, prompting fears of a military conflict in the region.
3. On the environmental front, a new report shows that global carbon emissions hit a record high in 2018, despite efforts to combat climate change. The report highlights the urgent need for countries to take more aggressive action to reduce emissions and protect the planet.
4. In sports news, the Women’s World Cup is in full swing, with the USA leading the pack as one of the top contenders for the championship. Star player Megan Rapinoe has been a standout performer, scoring multiple goals and leading her team to victory.
5. In entertainment news, the highly anticipated movie “Avengers: Endgame” has officially become the highest-grossing film of all time, surpassing “Avatar” at the box office. The Marvel blockbuster has captivated audiences around the world with its epic storyline and beloved characters. 1. The stock market surged today, with the S&P 500 hitting a record high of 4,000 points. Tech stocks led the rally, with Apple and Amazon posting strong gains. Analysts attribute the market’s performance to positive economic data and optimism about vaccine distribution.
2. In international news, tensions are rising in the South China Sea as Chinese naval exercises come dangerously close to Taiwan. The US has expressed concerns over China’s aggressive actions, with Secretary of State Antony Blinken calling for a peaceful resolution to the conflict.
3. On the environmental front, a new study has found that global carbon emissions dropped by 6.4% in 2020 due to the COVID-19 pandemic. While this decrease is a positive development, experts warn that emissions are likely to rebound as economies reopen and industries resume normal operations.
4. In sports news, basketball fans are eagerly anticipating the upcoming NBA playoffs, with several teams vying for the coveted championship title. The Brooklyn Nets, Los Angeles Lakers, and Utah Jazz are among the top contenders, with analysts predicting a competitive and thrilling postseason. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping by 500 points. This was attributed to concerns over rising inflation and uncertainty surrounding government policies.
2. A new study found that 75% of Americans are not saving enough for retirement. The average retirement savings account balance was reported to be only $50,000, far below the recommended amount for a comfortable retirement.
3. In international news, tensions between Russia and Ukraine continue to escalate, with reports of Russian military buildup near the Ukrainian border. The United States and European Union have expressed concerns over the situation and called for a peaceful resolution.
4. The latest COVID-19 statistics show a decrease in new cases and hospitalizations in several states. Health officials attribute this decline to increased vaccination rates and continued adherence to safety protocols.
5. Tesla announced plans to build a new manufacturing plant in Texas, which is expected to create thousands of jobs in the area. The electric car company also reported record-breaking sales for the first quarter of the year, surpassing analysts’ expectations.
Read more at GlobeNewswire: [Latest] Global Natural Cosmetics Market Size/Share Worth