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Herbal beauty market poised for growth

A new report by Future Market Insights (FMI) projects an increase of 6.1%/year in the herbal beauty products market between 2021 and 2031 as demand for these products grows all around the world.

This will be driven by a number of factors, FMI said:

  • Increasing consumer inclination towards a healthy lifestyle
  • Veganism among millennials driving the general shift towards green beauty products
  • Within the male grooming sector, changing attitudes towards body care and beauty products along with the media portrayals of ‘lumbersexuals’ and ‘metrosexuals’

“Players currently operating in the market are focusing on innovations to expand their portfolio. Some are even targeting specific skin problems to carve a niche amidst soaring competition. Meanwhile, leading brands are expanding their availability across e-commerce platforms to gain competitive edge,” said an FMI analyst.

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Upcoming Events

in-cosmetics Global

Paris Expo Porte de Versailles
16th – 18th April 2024

NYSCC Suppliers' Day 2024

Javits Center, New York
1st - 2nd May 2024

9th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
25th - 26th June 2024

in-cosmetics Korea 2024

Hall C, Coex, Seoul, South Korea
24th - 26th July 2024

in-cosmetics Latin America 2024

São Paulo, Brazil
25th - 26th September 2024

IFSCC 2024

Recanto das Cataratas Thermas Resort, Iguazu Falls, Brazil
14th - 17th October 2024

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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