Global Herbal Beauty Market Expanding at 6.1% CAGR

The herbal beauty product market is projected to expand at a CAGR of 6.1% between 2021 and 2031.
The herbal beauty product market is projected to expand at a CAGR of 6.1% between 2021 and 2031.

A study conducted by Future Market Insights on the herbal beauty product market shows that it is projected to expand at a CAGR of 6.1% between 2021 and 2031.

The inclination of consumers toward a healthy lifestyle, increasing demand for herbal beauty products and veganism are cited as factors in the growing market.

Increasing focus on advancements in herbal beauty products and customer-centric approaches are expected to influence players to adopt unique marketing strategies and develop novel products which in turn, is also expected to drive the market.

Key takeaways:

  • China will emerge as a lucrative market for herbal beauty products in East Asia.
  • The U.S. will record the highest sales of herbal beauty products in North America.
  •  Supermarkets are expected to remain the preferred distribution channel for herbal beauty products.

Key players in the space include:

  • Surya Brasil Organic Beauty Products
  • Weleda AG
  • INIKA
  • Lotus Herbals Limited
  • Bio Veda Action Research Co.
  • The Himalaya Drug Company
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