Global Organic Skincare Products Market to Grow 10.18% - Rising Need for Organic Anti-Aging Products - Research and Markets

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Aug 15, 2016, 10:10 ET

DUBLIN, August 15, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Organic Skincare Products Market 2016-2020" report to their offering.

The analysts forecast the global organic skin care products market to grow at a CAGR of 10.18% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Rising need for organic anti-aging products will be a key trend for market growth. Consumers, especially the aging population, are increasingly looking for methods and products to maintain and improve their appearance and look youthful. Currently, out of the total elderly population in the world, the above 65 segment is the fastest growing and constitutes 8% of the total global population. This share is expected to double and reach 16% by 2050. It is also estimated that over the next 10-15 years, baby boomers will turn 65 at the rate of 8,000 individuals per day. Baby boomers constitute a major percentage of the global aging population and accounted for a 75% share of the global anti-aging product market in 2014. The rise in the aging population is therefore expected to drive the growth of the market.

According to the report, demand for multifunctional organic skin care products will be a key driver for market growth. There is significant demand for multifunctional products because of the convenience they offer in terms of time and function. Personal care and beauty products that offer multiple benefits are popular in the market today, especially among consumers who have busy schedules and are cost conscious, and therefore opt for streamlined solutions.

Further, the report states that short shelf life of organic products will be a challenge for the market.

Key vendors:

  • Beiersdorf
  • Estée Lauder
  • L'Oréal
  • Shiseido
  • The Clorox Company

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Global organic personal care market

PART 06: Market landscape

PART 07: Market segmentation by type

PART 08: Geographical segmentation

PART 09: Key leading countries

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information about this report visit http://www.researchandmarkets.com/research/bds5jk/global_organic

Related Topics: Skin Care Products

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