Market revenue in 2023 | USD 4,708.8 million |
Market revenue in 2030 | USD 6,808.0 million |
Growth rate | 5.4% (CAGR from 2023 to 2030) |
Largest segment | Color cosmetic |
Fastest growing segment | Color cosmetic |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Color cosmetic |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural cosmetics market will help companies and investors design strategic landscapes.
Color cosmetic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific natural cosmetics market based on color cosmetic covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing consumption of skincare, hair care, fragrance, and color cosmetic products in the emerging economies of China and India, which can be attributed to new product launches along with rising concerns regarding aging, harmful effects of UV rays, and hair fall, is likely to have a positive impact on the market growth.
However, the higher price of natural cosmetic products as compared to their synthetic counterparts is expected to restrain their demand over the forecast period. Furthermore, the expansion of chemical industry in India and China, in light of regulatory support, is expected to ensure easy accessibility to raw materials for personal care product manufacturers. This is likely to emerge as a challenging factor for the players in natural cosmetics market over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific natural cosmetics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific natural cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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