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Growth sparks demand for innovatively packaged organic cosmetics.
January 30, 2017
By: Jamie Matusow
Editor-in-Chief
L’Oréal, Estée Lauder, Avon and Revlon Group lead in the global organic cosmetics market according to a newly released report from Research and Markets. The “Global Organic Cosmetics Market Forecast & Opportunities, 2021” reports that the global market for organic cosmetics across the globe is projected to grow at a CAGR of over 13% during 2016-2021. According to the research, North America dominated in worldwide demand for organic cosmetics based on high per capita income; rising awareness about the benefits of organic cosmetics; continuous innovations by organic cosmetics companies; aggressive marketing strategies and growing online sales of these products. Organic skin care and hair care dominated the category. L’Oréal, Estée Lauder, Avon and Revlon Group were cited as a few of the major companies offering organic cosmetics across the globe. The report features segmental analysis by product type (Organic Skin Care, Organic Hair Care, Organic Fragrances, Organic Makeup); by point of sale (Supermarkets/Hypermarkets, Exclusive Retail Stores, Multi Branded Retail Outlets, Online Channels, Beauty Parlors/Salons and Others); by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa); as well as Changing Market Trends & Emerging Opportunities; Competitive Landscape & Strategic Recommendations; and Market Trends & Developments. Where do opportunities lie? According to Research and Markets, there is growing demand for innovatively packaged organic cosmetics; organic anti-aging products; organic cosmetics with multiple benefits claims; and from youthful comsumers.
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