Body Care Market 2023-2030: Rising Demand For Natural Or Organic Body Care Products Is A Primary Factor Driving Market Revenue Growth
The Global Body Care Market size was USD 197.38 Billion in 2021 and is expected to register a revenue CAGR of 7.4% over the forecast period, according to the latest report by Reports and Data. Rising demand for natural or organic body care products is a primary factor driving market revenue growth. Aloe vera, hydrogenated castor oil, pharmaceutical-grade castor oil, coconut oil, turmeric, sandalwood, rose water, and other ingredients are utilized to manufacture natural body care products, which in turn aid in the treatment of skin conditions. Organic products are nutrient-rich, which keeps the skin healthy. They also contain essential oils that reach the deepest layers of the skin to moisturize, nourish, and regenerate skin cells.
Rising demand for body care products such as body wash since it hydrates the skin and is more hygienic than conventional body soap and are used to hydrate, soften, and smooth out various types of skin is driving the market revenue growth. The body wash has moisturizing and hydrating properties that keep the skin smooth and supple. Body wash is also used to address skin problems such as flaky skin, blocked pores, and dryness.
Many body care products have harmful substances such as phthalates, parabens, mineral oil, and others which irritate the body and disrupt hormone balance. Many traditional skin care products include endocrine-disrupting substances such as parabens and phthalates that harm the reproductive, immunological, and endocrine systems.
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The research report offers details about leading companies in the global Body Care market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
- Procter & Gamble,
- Beiersdorf Global,
- The Estée Lauder Companies Inc.,
- Kao Corporation.,
- Shiseido Co. Ltd,
- Johnson & Johnson Services, Inc.,
- Colgate-Palmolive Company
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The Global Body Care industries are also studied based on leading segments, and examines dominant product and application segments in detail. The report aims to help reader’s benefits from the growth prospects existing in the market in the global Body Care industries. It offers key information on drivers and restraints influencing the leading segments in the global Body Care industries.
By Product Outlook
- Body Lotion
- Body Wash
- Body Oil
- Body Spray
- Body Powder
By Distribution channel Outlook
- Supermarkets & Hypermarkets
- Pharmacy & Drugstore
- Convenience Stores
- Online Retail
By Packaging Type Outlook
By End-Use Outlook
For comprehensive coverage, the report discusses growth prospects, opportunities, and challenges. The market report considers various key factors across the leading regions.
Body Care Market Segmentation based on Regions:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)
Key Features of the global Body Care Market:
- The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
- Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
- Optimum strategic initiatives for new players in the market.
- Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological development
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Key questions addressed in the Report:
- Which key players are operating in the global Body Care market?
- Which key factors are expected to hamper global market revenue growth?
- What market size is the global Body Care market expected to reach throughout the forecast period?
- Which application segment revenue is expected to expand at a rapid CAGR between 2023 and 2030?
- Which region is expected to account for robust revenue share throughout the forecast period?
- Which regional segment is expected to register fastest revenue CAGR throughout the forecast period?
- What revenue CGAR is the global Body Care market expected to register during the forecast period?
- What are the key outcomes of Porter’s Five Force analysis of the Body Care market?
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