Press release
Clean Beauty Market Valued at USD 6.41 Billion in 2023; Projected to Grow at a CAGR of 13.8%, Reaching USD 9.92 Billion by 2030
Pune, 01, July 2024:Stellar Market Research, a leading Consumer Goods & Services business consultancy and research firm has published a report on the "Clean Beauty Market". The Clean Beauty Market size was valued at USD 6.41 Bn. in 2023 and the total Global Clean Beauty revenue is expected to grow at a CAGR of 13.8 % from 2024 to 2030, reaching nearly USD 9.92 Bn. by 2030.For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Clean-Beauty-Market/1839
Market Scope
Base Year: 2023
Forecast Period: 2024-2030
Regions Covered: North America, Europe, Asia Pacific, Middle East and Africa, South America
Recent Developments
2024:
Glossier launched Full Orbit Eye Cream with ingredients like polyglutamic acid and niacinamide.
Amika introduced the "Stylist Collective" initiative.
2023:
Cavinkare launched Truthsome, a clean beauty brand.
Lumson expanded into hair care with three new collections.
Iris&Romeo expanded its retail presence into Sephora with a Series A partnership.
Market Segmentation
Product Type: Hair Care, Skin Care, Oral Care, Cosmetics, Others.
Form: Powder, Liquid, Gel.
End User: Men, Women, Children.
Distribution Channel: Online, Offline.
Market Dynamics
Growth Drivers
Natural and Non-Toxic Skincare: A significant driver is the shift towards safer and more sustainable skincare alternatives.
Ingredient Transparency: Consumers demand products free from harmful chemicals, driving up sales for brands offering clean formulations.
Online Retail Trends: Increased online shopping offers convenience, contributing to market growth.
Challenges
Higher Costs: Clean beauty products often come with higher prices due to the cost of natural and organic ingredients.
Lack of Standardization: Inconsistent definitions of "clean" and "natural" cause consumer confusion.
Market Trends
Ingredient Transparency: Clean beauty products emphasize safety and transparency in their ingredients.
Sustainability: Products are vegan, cruelty-free, and eco-friendly, catering to environmentally conscious consumers.
Social Media Influence: Platforms like Instagram and TikTok boost the popularity of clean beauty products.
To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Clean-Beauty-Market/1839
Clean Beauty Market Overview
The global clean beauty market is expanding as consumers seek products free from harmful chemicals. Clean beauty products are valued for their transparency and safety, aligning with the increasing demand for sustainable and eco-friendly options.
Key Market Drivers
Consumer Awareness: Increased education on the risks associated with traditional beauty product chemicals.
Sustainability: Ethical sourcing, cruelty-free production, and sustainable packaging appeal to eco-conscious consumers.
Inquire For More Details:https://www.stellarmr.com/report/enquire_now/Clean-Beauty-Market/1839
Regional Insights
Asia Pacific
Market Leader: Countries like Japan, South Korea, China, and India lead the clean beauty market.
Growth Drivers: Increasing demand for safer alternatives and brand accountability.
Opportunities: Local companies can innovate products tailored to specific skin types and needs.
Segment Analysis:
by Product Type
Hair Care
Skin Care
Oral Care
Cosmetics
others
by Form
Powder
liquid
gel
by End User
Men
Women
Children
by Distribution Channel
Online
Offline
Regarding Distribution Channel, Online and Offline make up the Distribution Channel category, according to SMR study. Because it was so convenient and easily accessible, the online clean beauty business was growing at a rapid pace. Many clean beauty products are available on internet platforms, where users may compare goods, read reviews, and make well-informed decisions from the comfort of their homes.
The growing popularity of clean cosmetic products can be attributed to their accessibility, particularly to younger consumers who prioritize convenience and are more tech-savvy. To further encourage customers to buy clean cosmetic products online, internet shops frequently run sales and discounts. Because of this, the internet sector has emerged as a major force behind industry expansion, with many beauty businesses concentrating on growing their internet presence in order to profit from this trend.
Clean Beauty Manufacturers include:
Key players in the home organization products market focus on product innovation, strategic partnerships, and market expansion. Some of the major players include:
• Estée Lauder Companies Inc. (USA)
• e.l.f. Beauty, Inc. (USA)
• The Honest Company, Inc. (USA)
• LVMH (Sephora) (France)
• Natura & Co (Avon Products, Inc.) (Brazil)
• Credo Beauty (USA)
• Orveon (BareMinerals) (USA)
• Beautycounter (USA)
• Ilia Beauty (USA)
• L'Oréal (France)
• Unilever (United Kingdom/Netherlands)
• Ere Perez (Australia)
• RMS Beauty (USA)
• NakedPoppy (USA)
• INIKA (Australia)
• Avon (United Kingdom)
• Honest Beauty (USA)
• Allure (USA)
• Vapour (USA)
• BareMinerals (USA)
To Know More Insights of Reports:https://www.stellarmr.com/report/Clean-Beauty-Market/1839
Key questions answered in the Clean Beauty Market are:
What is Clean Beauty?
What is the current growth rate of the Clean Beauty Market?
Who are the key players in the Clean Beauty Market?
What are the factors affecting growth in the Clean Beauty Market?
Who held the largest market share in the Clean Beauty Market?
What is the demand pattern for the Clean Beauty Market?
What are the key trends in the Clean Beauty Market?
What are the strategies used by competitors in the Clean Beauty Market?
What are the growth prospects in developing countries for the Clean Beauty Market?
Which segment is expected to witness the fastest growth and why in the Clean Beauty Market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by Type, Application, End-Use, and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Stellar Market Research is leading Healthcare research firm, has also published the following reports:
Parcel Delivery Market https://www.stellarmr.com/report/Parcel-Delivery-Market/393
Asbestos Gloves Market https://www.stellarmr.com/report/Asbestos-Gloves-Market/674
Carrot and Turnips Market https://www.stellarmr.com/report/Carrot-and-Turnips-Market/1045
Personal Transporter Market https://www.stellarmr.com/report/Personal-Transporter-Market/1052
Dragon Fruit Market https://www.stellarmr.com/report/Dragon-Fruit-Market/1089
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4,
Pinnac Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
+91 20 6630 3320, +91 9607365656
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.
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