Published Date: 30-Jun-2022
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According to a new report, published by KBV research, The Global Sustainable Personal Care Market size is expected to reach $93.8 billion by 2028, rising at a market growth of 9.4% CAGR during the forecast period.
The Natural & Green segment is showcasing a CAGR of 10.9% during (2022 - 2028). The growth of this segment is significantly growing due to these products are made with natural processes and are typically free of synthetic color and artificial fragrances. In addition, these products are made with biodegradable ingredients and packed in environment-sensitive packaging. These factors are propelling the growth of this segment.
The Hypermarkets & Supermarkets segment acquired maximum revenue share in the Global Sustainable Personal Care Market by Sales Channel in 2021; thereby, achieving a market value of $36.7 billion by 2028. The increasing growth of the segment owes to prevalence of a variety of products from various manufacturers. The rise in the growth of this segment is also owing to the increasing number of hypermarkets and supermarkets all over the world. Therefore, the growth of this segment is inclining.
The Oral Care segment has shown growth rate of 10.2% during (2022 - 2028). The growth of the segment is being augmented by the rising incidences of the oral cavity. People are spending more money in order to purchase oral care products to prevent oral cavities. Hence, the growth of this segment of the market is being augmented.
The North America market dominated the Global Sustainable Personal Care Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $32.2 billion by 2028. The Europe market is estimated to witness a CAGR of 8.9% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 10.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/sustainable-personal-care-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of L'Oreal Group, Johnson & Johnson, The Procter and Gamble Company, Unilever PLC, Kao Corporation, The Colgate-Palmolive Company, Estee Lauder Companies, Inc., Coty, Inc., L'OCCITANE Group, and Weleda AG.
By Sales Channel
Unique Offerings from KBV Research
North America Sustainable Personal Care Market Size & Opportunities 2022-2028
Europe Sustainable Personal Care Market & Growth Forecast 2022-2028
Asia Pacific Sustainable Personal Care Market Share & Industry Outlook to 2028
LAMEA Sustainable Personal Care Market Growth, Trends & Forecasts 2022-2028